Analysts Initiate Coverage of These Services Stocks
Wall St. Watchdog reveals information about companies for which stock analysts initiated coverage in the Services sector for the week ending October 28th, 2011:
- Isle of Capri (NASDAQ:ISLE): FBR Capital initiated coverage of this company with a rating of Mkt Perform and a price target of $5. About the company: Isle of Capri Casinos, Inc. develops, owns, and operates branded gaming facilities and related lodging and entertainment facilities in markets throughout the United States and internationally. The Company operates casinos in multiple states in the United States as well as the Bahamas and the United Kingdom.
- Pinnacle (NYSE:PNK): FBR Capital initiated coverage of this company with a rating of Outperform and a price target of $15. About the company: Pinnacle Entertainment, Inc. is a diversified gaming company that owns and operates several casinos and casino hotels. The Company’s facilities are located in Nevada, Mississippi, Louisiana, and Argentina. Pinnacle also receives lease income from card club casinos located in Los Angeles, California.
- Forrester Research (NASDAQ:FORR): Northland Securities initiated coverage of this company with a rating of Market Perform. About the company: Forrester Research, Inc. is an independent research firm that analyzes the future of technology change and its impact on businesses, consumers, and society. The Company’s research products include internet commerce, corporate technology, and Technographics data and analysis. Forrester’s advisory services include partnership programs, Web site review, and strategy workshops.
- Gartner (NYSE:IT): Northland Securities initiated coverage of this company with a rating of Outperform and a price target of $48. About the company: Gartner, Inc. provides research and analysis on the computer hardware, software, communications, and related information technology industries. The Company’s business segments include research, consulting, measurement, events and executive programs.
(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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