Analysts Issued New Stock Ratings and Share Price Targets Today

Wall St. Watchdog reveals information about companies for which stock analysts initiated coverage on December 6th.

  • Methanex (NASDAQ:MEOH): RBC Capital Mkts initiated coverage of this company with a rating of Sector Perform and a price target of $28. About the company: Methanex Corporation produces and markets methanol. The Company’s product is used to produce formaldehyde, acetic acid and a variety of other chemical intermediates. Methanol is also used as an additive in gasoline and is used in fuel cell applications. Get the most recent company news and stock data here >>
  • Lumos Networks (LMOS): RBC Capital Mkts initiated coverage of this company with a rating of Outperform and a price target of $19. Get the most recent company news and stock data here >>
  • K12 (NYSE:LRN): Barrington Research initiated coverage of this company with a rating of Outperform and a price target of $35. About the company: K12 Inc. is a technology-based education company. The Company offers proprietary curriculum, software and educational services created for online delivery to students in kindergarten through 12th grade, or K-12. Get the most recent company news and stock data here >>
  • GSV Capital (GSVC): Ladenburg Thalmann initiated coverage of this company with a rating of Buy and a price target of $17.25. Get the most recent company news and stock data here >>
  • RAM Energy Resources (RAM): Global Hunter Securities initiated coverage of this company with a rating of Accumulate and a price target of $2.2. Get the most recent company news and stock data here >>
  • Warren Resources (NASDAQ:WRES): Brean Murray initiated coverage of this company with a rating of Buy and a price target of $4.5. About the company: Warren Resources Inc. acquires and develops oil and gas properties. The Company’s properties are located in several states in the United States. Warren Resources also serves as the managing general partner to affiliated partnerships and joint ventures. Get the most recent company news and stock data here >>
  • PDC Energy (NASDAQ:PETD): Brean Murray initiated coverage of this company with a rating of Buy and a price target of $46. About the company: Petroleum Development Corporation is an oil and gas company with drilling and production operations in the Rocky Mountains, the Appalachian Basin, and Michigan. The Company’s drilling operations are focused on shallow Rocky Mountain gas prospects. Petroleum Development also sponsors publicly registered drilling programs and owns an Appalachian Basin natural gas marketing company. Get the most recent company news and stock data here >>
  • Quality Distribution (NASDAQ:QLTY): KeyBanc Capital Mkts initiated coverage of this company with a rating of Hold. About the company: Quality Distribution Inc. operates a dedicated bulk tank network across North America. The Company transports a broad range of chemical products and also provides transportation management, transloading, tank cleaning, dry-bulk handling, and other logistical services. 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.)

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>