Analysts Initiate Ratings on These 3 Stocks Today

Wall St. Watchdog reveals information about companies for which stock analysts initiated coverage on October 28th.

  • 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.
  • Syntel (NASDAQ:SYNT): Kaufman Bros initiated coverage of this company with a rating of Hold and a price target of $52. About the company: Syntel, Inc. delivers custom outsourcing solutions through a broad spectrum of information technology and information technology-enabled services. The Company’s services support entire systems and process lifecycles for clients in the Financial Services, Retail, Healthcare and Automotive industries. With over 3300 employees worldwide, Syntel is SEI/CMM level 5 and ISO 9001:2000 certified.

(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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