Analysts Released New Ratings and Stock Price Targets for These Companies

Wall St. Watchdog reveals information about companies for which stock analysts initiated coverage on January 19th.

Elster (NYSE:ELT): Elster has been selected by Spanish utility company, Empresa Metropolitana de Abastecimiento y Saneamiento de Aguas de Sevilla – EMASESA – to supply Y290 electronic hybrid water meters over the next 12 months. This award represents a 50% percent increase on Elster’s previous tender to EMASESA in 2005. Stifel Nicolaus initiated coverage of this company with a rating of Buy and a price target of $16.5.

Ardea Biosciences (NASDAQ:RDEA): Target $30. Collins Stewart initiated coverage of this company with a rating of Buy and a price target of $30.

Digital Realty Trust (NYSE:DLR):  Collins Stewart initiated coverage of this company with a rating of Neutral and a price target of $65.

Bristow Group (NYSE:BRS): Target $54. Dahlman Rose initiated coverage of this company with a rating of Buy and a price target of $54.

Ariad Pharm (NASDAQ:ARIA): Target $20. Maxim Group initiated coverage of this company with a rating of Buy and a price target of $20.

Human Genome (NASDAQ:HGSI): Target $14. Maxim Group initiated coverage of this company with a rating of Buy and a price target of $14.