Analysts Started New Ratings on These 6 Stocks Today

Following is information on stocks for which coverage was initiated by stock analysts today:

  • Marathon Petroleum (MPC): Howard Weil initiated coverage on this stock with a rating of Market Outperform.  Its price target is $45.  About the company:  Marathon Petroleum Corporation (Marathon Petroleum) is a petroleum product refiners, transporters and marketers in the United States. The Company’s refining, marketing and transportation operations are concentrated in the Midwest, Gulf Coast and Southeast regions of the United States. Oil ETFs: The Top 10 Exchange Traded Funds for Your Oil Investing List>>
  • Stone Energy (NYSE:SGY): Dahlman Rose initiated coverage on this stock with a rating of Buy.  Its price target is $38.  About the company:  Stone Energy Corporation is an independent oil (NYSE:USO) and gas company. The Company acquires, explores, develops, and operates oil and gas properties onshore and offshore in the Gulf Coast Basin.
  • Clayton Williams (NASDAQ:CWEI): Wunderlich initiated coverage on this stock with a rating of Buy.  Its price target is $100.  About the company:  Clayton Williams Energy, Inc. and its subsidiaries explore for and produce oil and natural gas (NYSE:UNG). The Company’s activities are primarily located in Texas, Louisiana, and other southern states.
  • Rosetta Resources (NASDAQ:ROSE): Dahlman Rose initiated coverage on this stock with a rating of Buy.  Its price target is $65.  About the company:  Rosetta Resources, Inc. is an oil and gas exploration and production company.
  • NGL Energy Partners (NGL): Robert W. Baird initiated coverage on this stock with a rating of Outperform.  Its price target is $22.  About the company:  NGL Energy Partners LP is a limited partnership company formed to own and operate a vertically-integrated propane business. The Company operates in three segments: retail propane; wholesale supply and marketing; and midstream. Its retail propane business sells propane to end users consisting of residential, agricultural, commercial and industrial customers.
  • Walter Investment Management (AMEX:WAC): FBR Capital initiated coverage on this stock with a rating of Outperform.  Its price target is $32.  About the company:  Walter Investment Management Corporation is a mortgage real estate investment trust. The Company is focused on the purchase and securitization of single family mortgage loan pools and subordinate mortgage-backed securities purchased in bulk directly from financial institutions.

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

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