Analysts Initiate Ratings on these Companies Today

Wall St. Watchdog reveals information about companies for which stock analysts initiated coverage on November 30th.

  • Fortress Investment (NYSE:FIG): JMP Securities initiated coverage of this company with a rating of Mkt Perform. About the company: Fortress Investment Group LLC is an alternative asset manager. The Company raises, invests and manages private equity funds, hedge funds and publically traded alternative investment vehicles. Get the most recent company news and stock data here >>
  • Goodrich Petroleum (NYSE:GDP): Rodman & Renshaw initiated coverage of this company with a rating of Mkt Outperform and a price target of $22. About the company: Goodrich Petroleum Corporation and its subsidiaries explore, develop, produce, and acquire oil and natural gas properties. The Company’s properties are located in the onshore portions of the United States, primarily in Louisiana and Texas. Get the most recent company news and stock data here >>
  • Genetic Technologies (NASDAQ:GENE): Ladenburg Thalmann initiated coverage of this company with a rating of Buy and a price target of $7.5. About the company: Genetic Technologies Limited is a biotechnology company which does advanced DNA genetic research and testing. The Company has several gene-based patents which include intron sequence analysis, genomic mapping and fetal cell recovery. Genetic also operates a testing laboratory that performs disputed paternity testing by DNA techniques. Get the most recent company news and stock data here >>
  • McDermott (NYSE:MDR): Stifel Nicolaus initiated coverage of this company with a rating of Buy and a price target of $16. About the company: McDermott International, Inc. is a worldwide energy services company. The Company and its subsidiaries provide engineering, fabrication, installation, procurement, research, manufacturing, environmental systems, project management, and facility management services to a variety of customers in the energy and power industries, including the U.S. Department of Energy. 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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