Analysts Shared Stock Coverage on These Companies Today

Wall St. Watchdog reveals information on companies for which stock analysts either initiated or resumed coverage today:

Coverage initiated

  • Bankrate (RATE): Stifel Nicolaus initiated coverage of this stock with a rating of Buy and a price target of $21.  About the company: Bankrate, Inc. offers online financial data feed management services.  The company’s suite provides information on financial products, including mortgages, credit cards, new and used auto loans, money market accounts and CDs, checking and ATM fees, home equity loans, and online banking fees.
  • Myrexis (NASDAQ:MYRX): Rodman & Renshaw initiated coverage of this stock with a rating of Mkt Outperform and a price target of $6.  About the company: Myrexis Inc. is a biopharmaceutical company. The Company is focused on discovering, developing, and commercializing novel small molecule drugs for the treatment of cancer. Myriad’s pipeline includes clinical and pre-clinical product candidates with distinct mechanisms of action and novel chemical structures.

Coverage resumed

  • Tempur-Pedic (NYSE:TPX): Wedbush resumed coverage of this stock with a rating of Outperform and changed its price target from $71 to $80.  About the company: Tempur-Pedic International Inc., through its primary subsidiary Tempur World, manufactures and markets foam mattresses, pillows, and miscellaneous products under the Tempur-Pedic and other brand names.
  • Norfolk Southern (NYSE:NSC): Stifel Nicolaus resumed coverage of this stock with a rating of Buy and changed its price target from $83 to $90.  About the company: Norfolk Southern Corporation provides rail transportation services. The Company transports raw materials, intermediate products, and finished goods primarily in the Southeast, East, and Midwest and, via interchange with rail carriers, to and from the rest of the United States. Norfolk Southern also transports overseas freight through several Atlantic and Gulf Coast ports.
  • Juniper Networks (NYSE:JNPR): Stifel Nicolaus resumed coverage of this stock with a rating of Buy and changed its price target from $39 to $37.  About the company: Juniper Networks, Inc. provides Internet infrastructure solutions for Internet service providers and other telecommunications service providers. The Company offers network infrastructure solutions that includes IP routing, Ethernet switching, security and application acceleration solutions.
  • Jacobs (NYSE:JEC): Stifel Nicolaus resumed coverage of this stock with a rating of Buy and changed its price target from $60 to $55.  About the company:  Jacobs Engineering Group Inc. provides a broad range of technical, professional, and construction services to a large number of industrial, commercial, and governmental clients around the world. The Company’s servies include project servicees, process, scientific, and systems consulting, construction services, and operations and maintenance services.
  • Inphi (NYSE:IPHI): Stifel Nicolaus resumed coverage of this stock with a rating of Buy and changed its price target from $22 to $20.  About the company:  Inphi Corporation is a fabless provider of high-speed analog semiconductor solutions for the communications and computing markets. The Company’s solutions provide a high-speed interface between analog signals and digital information in systems such as telecommunications transport systems, enterprise networking equipment, datacenter and enterprise servers, storage platforms.
  • Omnicare (NYSE:OCR): Stifel Nicolaus resumed coverage of this stock with a rating of Buy and changed its price target from $36 to $38.  About the company: Omnicare, Inc. provides geriatric pharmaceutical services. The Company distributes pharmaceuticals, and provides related pharmacy consulting and other ancillary services, data management services and medical supplies to skilled nursing facilities, assisted living facilities, retirement centers, independent living communities, hospitals, hospice, and other healthcare providers.
  • Las Vegas Sands (NYSE:LVS): Stifel Nicolaus resumed coverage of this stock with a rating of Buy and changed its price target to $55 from $58.  Brean Murray resumed coverage of this stock with a rating of Buy and changed its price target from $53 to $59.  About the company: Las Vegas Sands Corp. owns and operates casino resorts and convention centers. The Company operates in United States, Macau and Singapore. Las Vegas Sand Corp’s casino’s offer a wide range of gaming activities and entertainment as well as overnight accomodations, while its expo centers host a wide range of entertainment shows, expositions, and other activities.
  • Keynote Systems (NASDAQ:KEYN): Northland Securities resumed coverage of this stock with a rating of Outperform and changed its price target from $26 to $29.  About the company:  Keynote Systems, Inc. provides Internet performance measurement and diagnostic services that enable electronic commerce companies to measure, assure, and improve the quality of service of their Web sites. The Company currently offers Keynote PERSPECTIVE and Keynote LIFELINE through a direct telesales force in the United States.
  • Questcor Pharma (NASDAQ:QCOR): Oppenheimer resumed coverage of this stock with a rating of Outperform and changed its price target from $27 to $35.  About the company:  Questcor Pharmaceuticals, Inc. develops and commercializes novel central nervous system-focused therapeutics that address significant unmet medical needs. The Company’s primary product is a natural source adrenocorticotropic hormone indicated for the treatment of acute exacerbations of multiple sclerosis, as well as a number of other conditions.
  • Amazon.com (NASDAQ:AMZN): Oppenheimer resumed coverage of this stock with a rating of Outperform and changed its price target from $220 to $250.  The Benchmark Company Buy $246 >> $256.  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.
  • Juniper Networks (NYSE:JNPR): Needham resumed coverage of this stock with a rating of Buy and changed its price target from $43 to $34.  Auriga resumed coverage of this stock with a rating of Hold and changed its price target from $40 to $28.  About the company:  Juniper Networks, Inc. provides Internet infrastructure solutions for Internet service providers and other telecommunications service providers. The Company offers network infrastructure solutions that includes IP routing, Ethernet switching, security and application acceleration solutions.
  • Expedia (NASDAQ:EXPE): The Benchmark Company resumed coverage of this stock with a rating of Hold and changed its price target from $26 to $34.  About the company:  Expedia, Inc. provides branded online travel services for leisure and small business travelers. The Company offers a wide range of travel shopping and reservation services, providing real-time access to schedule, pricing and availability information for airlines, hotels, and car rental companies.
  • Under Armour (NYSE:UA): FBR Capital resumed coverage of this stock with a rating of Mkt Perform and changed its price target from $75 to $80.  About the company:  Under Armour, Inc. develops, markets, and distributes branded performance products for men, women, and youth. The Company designs and sells a broad offering of apparel and accessories made of synthetic microfibers.
  • Linear Tech (NASDAQ:LLTC): FBR Capital resumed coverage of this stock with a rating of Underperform and changed its price target from $33 to $30.  About the company:  Linear Technology Corporation designs, manufactures, and markets a line of linear integrated circuits. The Company’s products include high performance amplifiers, comparators, voltage references, monolithic filters, linear regulators, DC-DC converters, battery chargers, data converters, communications interface circuits, and RF signal conditioning circuits.
  • Baidu.com (NASDAQ:BIDU): HSBC Securities resumed coverage of this stock with a rating of Overweight and changed its price target from $181 to $195.  About the company:  Baidu, Inc. operates an Internet search engine. The Company offers algorithmic search, enterprise search, pay for performance and news, MP3, and image searches.

(Note: Data on stock ratings are sourced from here.  All data are assumed to be accurate.)

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