Analysts Release New Stock Ratings and Price Targets December 16th

Wall St. Watchdog reveals information about companies for which stock analysts initiated coverage on December 16th.

  • IMAX (NASDAQ:IMAX): MKM Partners initiated coverage of this company with a rating of Buy and a price target of $26. About the company: Imax Corporation designs and manufactures projection and sound systems for giant-screen theaters and designs custom attractions, including motion simulation theaters, for both large-scale attractions and smaller venues. The Company also manufactures digital image delivery systems in the form of digital projectors. Get the most recent company news and stock data here >>
  • Cummins (NYSE:CMI): Standpoint Research initiated coverage of this company with a rating of Buy and a price target of $110. About the company: Cummins Inc. designs, manufactures, distributes and services diesel and natural gas engines. The Company also manufactures electric power generation systems and engine-related component products, including filtration and exhaust aftertreatment, fuel systems, controls, and air handling systems. Get the most recent company news and stock data here >>
  • Stoneridge (NYSE:SRI): BB&T Capital Mkts initiated coverage of this company with a rating of Buy and a price target of $14. About the company: Stoneridge, Inc. designs and manufactures engineered electrical and electronic components, modules, and systems. The Company’s customers include the automotive, medium and heavy duty truck, and agricultural vehicle markets. Stoneridge markets its products under a variety of brand names including Alphabet, Berifors, Hi-Stat, Pollak, and PST. Get the most recent company news and stock data here >>
  • Navigant Consult (NYSE:NCI): Northland Securities initiated coverage of this company with a rating of Outperform and a price target of $13. About the company: Navigant Consulting, Inc. is a specialized independent consulting firm providing litigation, financial, restructuring, energy and operational consulting services to government agencies, legal counsel and large companies facing the challenges of uncertainty, risk, distress and significant change. Get the most recent company news and stock data here >>
  • Silver Standard (NASDAQ:SSRI): Global Hunter Securities initiated coverage of this company with a rating of Accumulate and a price target of $23. About the company: Silver Standard Resources Inc. is a silver exploration company focused on acquiring and developing silver resources on a global basis. The Company has projects in Argentina, Peru, Mexico, Canada, Chile, the United States and Australia. Get the most recent company news and stock data here >>
  • Enduro Royalty Trust (NYSE:NDRO): Robert W. Baird initiated coverage of this company with a rating of Outperform and a price target of $23. About the company: Enduro Royalty Trust is a Delaware statutory trust formed by Enduro Sponsor to own a net profits interest from the sale of oil and natural gas production from certain properties in the states of Texas, Louisiana and New Mexico held by Enduro Sponsor. Get the most recent company news and stock data here >>
  • NetSpend (NASDAQ:NTSP): Morgan Keegan initiated coverage of this company with a rating of Outperform and a price target of $9. About the company: Netspend Holdings, Inc. issues reloadable prepaid debit cards. The Company primarily serves people who don’t have bank deposit accounts. Get the most recent company news and stock data here >>
  • Green Dot (NYSE:GDOT): Morgan Keegan initiated coverage of this company with a rating of Outperform and a price target of $36. About the company: Green Dot Corp. is a prepaid financial services company that provides money management solutions to a broad base of U.S. consumers. The Company offers general purpose reloadable prepaid debit cards in the United States through a network of retail stores throughout the United States. Get the most recent company news and stock data here >>
  • SunCoke Energy (NYSE:SXC): KeyBanc Capital Mkts initiated coverage of this company with a rating of Buy and a price target of $15. 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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