Analysts Release New Stock Ratings on These Companies Today

Wall St. Watchdog reveals information about companies for which stock analysts initiated coverage on December 7th.

  • Wal-Mart (NYSE:WMT): UBS initiated coverage of this company with a rating of Neutral and a price target of $59. About the company: Wal-Mart Stores, Inc. operates discount stores, supercenters, and neighborhood markets. The Company’s discount stores and supercenters offer merchandise such as apparel, housewares, small appliances, electronics, and hardware. Walmart’s markets offer a full-line supermarket and a limited assortment of general merchandise. The Company operates nationally and internationally. Get the most recent company news and stock data here >>
  • Target (NYSE:TGT): UBS initiated coverage of this company with a rating of Buy and a price target of $64. About the company: Target Corporation operates general merchandise discount stores in the United States. The Company’s merchandising operations include general merchandise and food discount stores and a fully integrated online business. Target also offers credit to qualified applicants through its branded proprietary credit cards. Get the most recent company news and stock data here >>
  • Costco (NASDAQ:COST): UBS initiated coverage of this company with a rating of Neutral and a price target of $87. About the company: Costco Wholesale Corporation operates wholesale membership warehouses in multiple countries. The Company sells all kinds of food, automotive supplies, toys, hardware, sporting goods, jewelry, electronics, apparel, health and beauty aids, as well as other goods. Get the most recent company news and stock data here >>
  • eBay (NASDAQ:EBAY): Canaccord Genuity initiated coverage of this company with a rating of Hold and a price target of $34. About the company: eBay Inc. operates an online trading community. The Company’s service is used by buyers and sellers for the exchange of products and services such as coins, collectibles, computers, memorabilia, stamps and toys, as well as concert and sporting tickets. eBay also offers, through a subsidiary, secure online payment services. Get the most recent company news and stock data here >>
  • Zillow (NASDAQ:Z): Canaccord Genuity initiated coverage of this company with a rating of Buy and a price target of $32. About the company: Zillow, Inc. is a real estate information marketplace. The Company provides information about homes, real estate listings and mortgages through their website and mobile applications. Zillow enables homeowners, buyers, sellers, and renters to connect with real estate and mortgage professionals. Get the most recent company news and stock data here >>
  • Pandora Media (NYSE:P): Canaccord Genuity initiated coverage of this company with a rating of Hold and a price target of $13. About the company: Pandora Media Inc. provides radio services through the internet. The Company offers radio stations available to stream on computers and mobile phones. Pandora’s services allow users to search on their favorite artists, genres, and songs while Pandora selects “stations” that match or are similar to their search. Get the most recent company news and stock data here >>
  • LinkedIn (NYSE:LNKD): Canaccord Genuity initiated coverage of this company with a rating of Buy and a price target of $85. About the company: LinkedIn Corporation operates a social networking website used for professional networking. The Company’s website allows members to post a profile of their professional expertise and accomplishments. LinkedIn allows members to be introduced to potential clients, service providers, and subject experts. Get the most recent company news and stock data here >>
  • InterActiveCorp (NASDAQ:IACI): Canaccord Genuity initiated coverage of this company with a rating of Buy and a price target of $55. About the company: IAC/InterActiveCorp operates Internet businesses. The Company’s websites offer search, gaming, dating, directory, footwear retailing, and campsite reservation services. Get the most recent company news and stock data here >>
  • Google (NASDAQ:GOOG): Canaccord Genuity initiated coverage of this company with a rating of Buy and a price target of $725. About the company: Google Inc. is a global technology company that provides a web based search engine through its website. The Company offers a wide range of search options, including web, image, groups, directory, and news searches. Get the most recent company news and stock data here >>
  • Amazon.com (NASDAQ:AMZN): Canaccord Genuity initiated coverage of this company with a rating of Hold and a price target of $225. About the company: Amazon.com, Inc. is an online retailer that offers a wide range of products. The Company’s products include books, music, videotapes, computers, electronics, home and garden, and numerous other products. Amazon offers personalized shopping services, Web-based credit card payment, and direct shipping to customers. Get the most recent company news and stock data here >>
  • Broadsoft (NASDAQ:BSFT): Brigantine initiated coverage of this company with a rating of Buy and a price target of $42.5. Mizuho initiated coverage of this company with a rating of Buy and a price target of $43. About the company: BroadSoft Inc. is a global provider of software that enables fixed-line, mobile and cable service providers to deliver voice and multimedia services over their Internet protocol-based, or IP-based, networks. The Company’s software enables customers to provide enterprises and consumers with a range of cloud-based, or hosted, IP multimedia communications. Get the most recent company news and stock data here >>
  • Pharmacyclics (NASDAQ:PCYC): Rodman & Renshaw initiated coverage of this company with a rating of Mkt Outperform and a price target of $20. About the company: Pharmacyclics, Inc. is a pharmaceutical company developing products to improve upon current therapeutic approaches to cancer, atherosclerosis, and retinal disease. The Company’s products are patented agents derived from its technology platform for designing and synthesizing energy-potentiating drugs. Get the most recent company news and stock data here >>
  • Amylin Pharma (NASDAQ:AMLN): Global Hunter Securities initiated coverage of this company with a rating of Accumulate and a price target of $14. About the company: Amylin Pharmaceuticals, Inc. is a biopharmaceutical company that discovers, develops, and commercializes medicines for diabetes and obesity. The Company’s marketed products include treatments for adults with type 1 and type 2 diabetes. Get the most recent company news and stock data here >>
  • Comerica (NYSE:CMA): Wunderlich initiated coverage of this company with a rating of Buy and a price target of $34. About the company: Comerica Incorporated is the holding company for business, individual, and investment banks with operations in the United States, Canada, and Mexico. The Company’s subsidiaries provide services such as corporate banking, international finance, treasury management, community banking, private banking, small business and individual lending, investment services, and institutional trust. Get the most recent company news and stock data here >>
  • Sonic Automotive (NYSE:SAH): KeyBanc Capital Mkts initiated coverage of this company with a rating of Hold. About the company: Sonic Automotive, Inc. is an automotive retailer. The Company operates dealers and collision repair centers in the metropolitan southeastern, midwestern, and southwestern United States. The Company sells new and used cars and light trucks as well as replacement parts. Sonic also provides vehicle maintenance, warranty, paint, and repair services, and arranges financing. Get the most recent company news and stock data here >>
  • Lithia Motors (NYSE:LAD): KeyBanc Capital Mkts initiated coverage of this company with a rating of Buy and a price target of $30. About the company: Lithia Motors, Inc. retail sells new and used vehicles in the western United States. The Company offers domestic and imported makes of new automobiles and light trucks through dealerships in California, Oregon, Washington, and Nevada. Lithia also arranges related financing and insurance contracts, as well as provides vehicle parts, maintenance, and repair services. Get the most recent company news and stock data here >>
  • AutoNation (NYSE:AN): KeyBanc Capital Mkts initiated coverage of this company with a rating of Hold. About the company: AutoNation, Inc. retails, finances, and services new and used vehicles. The Company also provides other related services and products, such as the sale of parts and accessories, extended service contracts, aftermarket automotive products, and collision repair services. AutoNation operates throughout the United States. Get the most recent company news and stock data here >>
  • Penske Auto (NYSE:PAG): KeyBanc Capital Mkts initiated coverage of this company with a rating of Buy and a price target of $28. About the company: Penske Automotive Group, Inc. operates franchised automobile dealerships. The Company’s franchises are located throughout the United States, Puerto Rico and the United Kingdom. Penske Automotive sells new and used vehicles as well as offers maintenance and repair services on all brands it represents. Get the most recent company news and stock data here >>
  • Group 1 Auto (NYSE:GPI): KeyBanc Capital Mkts initiated coverage of this company with a rating of Buy and a price target of $63. About the company: Group 1 Automotive, Inc., through its subsidiaries, owns and operates automobile dealerships. The Company sells new and used cars and light trucks, provides maintenance and repair services, and sells replacement parts. The Company also arranges related financing, insurance, and extended service contracts. Group 1 operates in Florida, Georgia, Colorado, Oklahoma, New Mexico, and Texas. Get the most recent company news and stock data here >>
  • Asbury Automotive (NYSE:ABG): KeyBanc Capital Mkts initiated coverage of this company with a rating of Hold. About the company: Asbury Automotive Group Inc. is an automotive retailer operating franchises and dealership locations in the United States. The Company offers new and used vehicles and related financing and insurance, vehicle maintenance and repair services, replacement parts, and service contracts. Asbury’s dealerships are primarily either luxury or mid-line import brands. Get the most recent company news and stock data here >>
  • j2 Global (NASDAQ:JCOM): Mizuho initiated coverage of this company with a rating of Neutral and a price target of $29. About the company: j2 Global Communications, Inc. provides Internet-based messaging and communications services to individuals and businesses throughout the world. The Company’s global network covers cities in various countries and spans North America, Europe, and the Asia/Pacific region. j2 enables customers to manage their communications through the Web, phone, or wireless device. Get the most recent company news and stock data here >>
  • Synaptics (NASDAQ:SYNA): Mizuho initiated coverage of this company with a rating of Buy and a price target of $36. About the company: Synaptics Incorporated develops custom-designed user interface solutions. The Company’s solutions enable people to interact with a variety of mobile computing and communications devices. Synaptics offers a touch-sensitive pad that senses the position of a person’s finger on its surface to provide screen navigation, cursor movement, and a platform of interactive input. Get the most recent company news and stock data here >>
  • Nuance Communications (NASDAQ:NUAN): Mizuho initiated coverage of this company with a rating of Buy and a price target of $28. About the company: Nuance Communications, Inc. provides speech and imaging solutions for businesses and consumers around the world. The Company’s products include a speech recognizer, call steering, and a product that converts text into speech. 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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