Analysts Initiated Coverage of these Shares on Wall Street Tuesday

Wall St. Watchdog reveals information about companies for which stock analysts initiated coverage on September 27th.

  • AMC Networks (AMCX): Stifel Nicolaus initiated coverage of this company with a rating of Sell and a price target of $30.
  • ITT Educational (NYSE:ESI): FBR Capital initiated coverage of this company with a rating of Mkt Perform and a price target of $64. About the company: ITT Educational Services, Inc. provides technology-oriented postsecondary degree programs in the United States. The Company’s institutes offer associate, bachelor, and master degree programs, as well as non-degree diploma programs.
  • Capella Education (NASDAQ:CPLA): FBR Capital initiated coverage of this company with a rating of Mkt Perform and a price target of $32. About the company: Capella Education Company is an online post-secondary education services company. The Company offers doctoral, master’s and bachelor’s programs through their subsidiary.
  • Strayer Education (NASDAQ:STRA): FBR Capital initiated coverage of this company with a rating of Mkt Perform and a price target of $85. About the company: Strayer Education, Inc. is the holding company of Strayer University, an institution of higher learning. Strayer University offers working adults undergraduate and graduate degree programs in business administration, accounting, information technology, education and public administration. Strayer offers courses in the eastern United States and through the Internet.
  • Bridgepoint Education (NYSE:BPI): FBR Capital initiated coverage of this company with a rating of Mkt Perform and a price target of $22. About the company: Bridgepoint Education, Inc. is a regionally accredited provider of postsecondary education services. The Company offers associate’s, bachelor’s, master’s and doctoral programs in the disciplines of business, education, psychology, social sciences, and health sciences.
  • Grand Canyon Education (NASDAQ:LOPE): FBR Capital initiated coverage of this company with a rating of Outperform and a price target of $19. About the company: Grand Canyon Education, Inc. provides online post secondary education services. The Company offers graduate and undergraduate degree programs in disciplines of education, business, and healthcare.
  • American Public Education (NASDAQ:APEI): FBR Capital initiated coverage of this company with a rating of Outperform and a price target of $45. About the company: American Public Education Inc. provides online postsecondary education directed at the needs of the military and public service communities. The Company offers a wide range of degree programs and certificate programs including national security, military studies, intelligence, homeland security, criminal justice, technology, business administration and liberal arts.
  • Heckmann (NYSE:HEK): Ladenburg Thalmann initiated coverage of this company with a rating of Buy and a price target of $7.5. About the company: Heckmann Corporation is an investment holding company, operating in the water industry. The Company, through its subsidiaries, provide water treatment and disposal services, operate bottling facilities, and transport water through pipelines.
  • UniTek Global Services (NASDAQ:UNTK): Wunderlich initiated coverage of this company with a rating of Buy and a price target of $9. About the company: UniTek Global Services Inc. provides engineering, construction management and installation fulfillment services to companies. The Company specializes in the telecommunications, broadband cable, and satellite industries.
  • Callon Petroleum (NYSE:CPE): Robert W. Baird initiated coverage of this company with a rating of Neutral and a price target of $5. About the company: Callon Petroleum Company acquires, develops, and explores oil and gas properties. The Company’s properties are concentrated offshore in the Gulf of Mexico and onshore in Louisiana and Alabama.
  • Boston Beer Co (NYSE:SAM): Auriga initiated coverage of this company with a rating of Hold and a price target of $79. About the company: The Boston Beer Company, Inc. produces a variety of craft-brewed beers and cider products at various contract breweries and Company-owned breweries. The Company sells its products under brand names such as Boston Beer Company, Oregon Beer and Brewing Company, Samuel Adams, and HardCore. Boston Beer sells its products to a network of wholesale distributors.
  • Constellation Brands (NYSE:STZ): Auriga initiated coverage of this company with a rating of Buy and a price target of $25. About the company: Constellation Brands, Inc. produces and markets beverage alcohol in North America, Europe, and Australia, and New Zealand. The Company has a portfolio of brands across the wine, imported beer, and distilled spirits categories. Constellation conducts its business through wholly owned subsidiaries as well as through a variety of joint ventures with various other entities.

(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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