Bank Analysts Initiate Stock Ratings and Price Targets on these Tech Shares

Wall St. Watchdog reveals information about companies for which stock analysts initiated coverage in the Technology sector for the week ending October 28th, 2011

  • Agilent (NYSE:A): UBS initiated coverage of this company with a rating of Buy and a price target of $43. About the company: Agilent Technologies, Inc. provides core bio-analytical and electronic measurement solutions to the communications, electronics, life sciences and chemical analysis industries. The Company’s operations include electronic measurement, bio-analytical measurement, semiconductor and board testing.
  • Teradata (NYSE:TDC): UBS initiated coverage of this company with a rating of Neutral and a price target of $62. About the company: Teradata Corporation provides data warehousing solutions, including enterprise analytic technologies and services. The Company’s data warehousing solutions are comprised of software, hardware, and related business consulting and support services.
  • US Cellular (NYSE:USM): Brigantine initiated coverage of this company with a rating of Sell and a price target of $37. About the company: United States Cellular Corporation provides cellular telephone service throughout the United States.
  • Nokia (NYSE:NOK): Northland Securities initiated coverage of this company with a rating of Outperform and a price target of $10. About the company: Nokia Corporation is a player in the mobile industry. The Company makes a range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more. Nokia also provides equipment, solutions and services for communications networks.
  • Syntel (NASDAQ:SYNT): Kaufman Bros initiated coverage of this company with a rating of Hold and a price target of $52. About the company: Syntel, Inc. delivers custom outsourcing solutions through a broad spectrum of information technology and information technology-enabled services. The Company’s services support entire systems and process lifecycles for clients in the Financial Services, Retail, Healthcare and Automotive industries. With over 3300 employees worldwide, Syntel is SEI/CMM level 5 and ISO 9001:2000 certified.

(Note: Selected financial data are sourced from Briefing.com via the Wall St. Journal. All data are assumed to be accurate.)

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>