Analysts Begin Covering These Financial Companies in December: CMA, SSS, DDR

Wall St. Watchdog reveals information about companies for which stock analysts initiated coverage in the Financial sector for the week ending December 9th, 2011.

  • Comerica (NYSE:CMA): Wunderlich initiated coverage of this company with a rating of Buy and a price target of $34 on Dec 7th. The shares recently traded at $25.80, down $0.86, or 3.23% since the analyst’s rating. About the company: Comerica Incorporated is the holding company for business, individual, and investment banks with operations in the United States, Canada, and Mexico. The Company’s subsidiaries provide services such as corporate banking, international finance, treasury management, community banking, private banking, small business and individual lending, investment services, and institutional trust. Get the most recent company news and stock data here >>
  • Maiden Holdings (NASDAQ:MHLD): JMP Securities initiated coverage of this company with a rating of Mkt Outperform and a price target of $10 on Dec 8th. The shares recently traded at $8.51, up $0.04, or 0.47% since the analyst’s rating. About the company: Maiden Holdings Ltd. offers reinsurance services to subsidiaries of AmTrust Financial Services, Inc., small insurance companies and managing general agents in the United States. Get the most recent company news and stock data here >>
  • Sovran Self Storage (NYSE:SSS): Robert W. Baird initiated coverage of this company with a rating of Outperform and a price target of $48 on Dec 8th. The shares recently traded at $40.14, up $0.32, or 0.8% since the analyst’s rating. About the company: Sovran Self Storage, Inc. acquires, develops and operates a chain of self storage facilities, operating under the Uncle Bob’s Self Storage trade name. The Company’s facilities offer storage space to customers on a monthly basis. Get the most recent company news and stock data here >>
  • DDR (NYSE:DDR): KeyBanc Capital Mkts initiated coverage of this company with a rating of Buy and a price target of $14 on Dec 8th. The shares recently traded at $11.58, up $0.13, or 1.14% since the analyst’s rating. About the company: Developers Diversified Realty Corporation is a real estate investment trust that develops, leases, and manages shopping centers. The Company’s properties are located primarily in the East and Midwest United States as well as joint venture properties in Brazil. Get the most recent company news and stock data here >>

(Note: Selected financial data are sourced from Briefing.com via the Wall St. Journal. All data are assumed to be accurate.)

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