Bank Analysts Initiated New Price Targets on These Stocks August 19th

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

  • United Banksh (NASDAQ:UBSI): BB&T Capital Mkts initiated coverage of this company with a rating of Hold. No price target was given.  About the company: United Bankshares, Inc. is a bank holding company.  As of December 31, 2010, United has two banking subsidiaries doing business under the name of United Bank.
  • City Holding Co (NASDAQ:CHCO): BB&T Capital Mkts initiated coverage of this company with a rating of Hold.  No price target was given.  About the company: City Holding Company is a bank holding company.  The Company conducts its principal activities through its wholly owned subsidiary, City National Bank of West Virginia.
  • Career Education (NASDAQ:CECO): Wunderlich initiated coverage of this company with a rating of Buy and a price target of $23.  About the company: Career Education Corporation, through colleges, schools and universities that are part of the CEC family, offers education to a diverse student population of over 116,000 students in a variety of career-oriented disciplines.
  • Education Mgmt (NASDAQ:EDMC): Wunderlich initiated coverage of this company with a rating of Buy and a price target of $20.  About the company: Education Management Corporation is a provider of post-secondary education in North America, with approximately 136,000 enrolled students as of October 2009.  The Company offers academic programs to its students through campus-based and online instruction, or through a combination of both.
  • Strayer Education (NASDAQ:STRA): Wunderlich initiated coverage of this company with a rating of Hold and a price target of $110.  About the company: Strayer Education, Inc. provides post-secondary education services.  The Company offers a range of academic programs through its wholly owned subsidiary Strayer University, Inc. (the University), both in classroom course and online via the Internet.
  • DeVry (NYSE:DV): Wunderlich initiated coverage of this company with a rating of Hold and a price target of $52.  About the company: DeVry, Inc. is a provider of educational services and the paretn organization of Advanced Academics, Becker Professional Education, Carrington College and Carrington College California, Chamberlain College of Nursing, DeVry Brasil, DeVry University, and Ross University.
  • Grand Canyon Education (NASDAQ:LOPE): Wunderlich initiated coverage of this company with a rating of Buy and a price target of $20.  About the company: Grand Canyon Education, Inc. is a provider of postsecondary education services focused on offering graduate and undergraduate degree programs in its core disciplines of education, business, healthcare, and liberal arts.
  • Dell (NASDAQ:DELL): Ticonderoga initiated coverage of this company with a rating of Sell and a price target of $9.25.  About the company: Dell, Inc. is a technology company that offers a range of technology product categories, including mobility products, desktop personal computers, software and peripherals, servers and networking products, storage and services.
  • Rubicon Tech (NASDAQ:RBCN): Ticonderoga initiated coverage of this company with a rating of Sell and a price target of $9.  About the company: Rubicon Technology, Inc. is an electronic materials provider, which develops, manufactures and sells monocrystalline sapphire and other crystalline products for light-emitting diodes, radio frequency integrated circuits, blue laser diodes, optoelectronics and other optical applications.
  • Veeco Instruments (NASDAQ:VECO): Ticonderoga initiated coverage of this company with a rating of Buy and a price target of $52.5.  About the company: Veeco Instruments, Inc. designs, manufactures and markets equipment to make light emitting diodes, solar panels, hard-disk drives and other devices.
  • Aixtron (NASDAQ:AIXG): Ticonderoga initiated coverage of this company with a rating of Buy.  No price target was given.  About the company: AIXTRON SE, formerly AIXTRON AG, is a provider of deposition equipment to the semiconductor and compound-semiconductor industry.
  • Cree (NASDAQ:CREE): Ticonderoga initiated coverage of this company with a rating of Buy and a price target of $39.  About the company: Cree, Inc. develops and manufactures semiconductor materials and devices primarily based on silicon carbide, gallium nitride and related compounds.

(Note: Data on stock ratings are sourced from Briefing.com via the Wall St. Journal.  All data are assumed to be accurate.)

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