Bank Analysts Release New Stock Ratings on These Companies Monday

Following is information on companies for which stock analysts either initiated coverage or reiterated their ratings on September 6th.

Coverage Initiated

  • Corinthian Colleges (NASDAQ:COCO): Wunderlich initiated coverage of this company with a rating of Buy and a price target of $3.25. The shares recently traded at $1.91, and have traded in a 52-week range of $1.57 to $7.35. About the company: Corinthian Colleges, Inc. is a private, for-profit post-secondary education company operating in the United States. The Company currently operates colleges in various states. Corinthian offers a variety of degrees and diploma programs in the healthcare, electronics, and business fields.
  • Teavana (NYSE:TEA): Stifel Nicolaus initiated coverage of this company with a rating of Hold.  No price target was given.  The shares recently traded at $23.99, and have traded in a 52-week range of $20.28 to $29.35.  About the company: Teavana is a specialty retailer of premium loose-leaf teas, authentic artisanal teawares, and other tea-related merchandise. Teavana offers more than 100 varieties of premium loose-leaf teas, teawares such as handcrafted cast-iron, clay and ceramic tea pots, and other tea-related merchandise through over 161 company-owned stores in 35 states and 19 franchised stores primarily in Mexico, as well as through the company’s website.
  • Tangoe (TNGO): Stifel Nicolaus initiated coverage of this company with a rating of Buy and a price target of $15.  Oppenheimer initiated coverage of this company with a rating of Outperform and a price target of $14.  The shares recently traded at $11.22 and have traded in a 52-week range of $8.01 to $12.77.  About the company: Tangoe, Inc. is a global provider of on-demand communications lifecycle management software and related services to a range of enterprises, including large and medium-sized businesses, and other organizations.
  • Dunkin Brands (NASDAQ:DNKN): Stifel Nicolaus initiated coverage of this company with a rating of Buy and a price target of $33.  Robert W. Baird initiated coverage of this company with a rating of Outperform and a price target of $33.  The shares recently traded at $27 and have traded in a 52-week range of $24.97 to $31.94.  About the company: The owner of Dunkin’ Donuts Baskin-Robbins has more than 14,800 points of distribution in 44 countries, and approximately 120 years of combined history.
  • EXACT Sciences (NASDAQ:EXAS): Ladenburg Thalmann initiated coverage of this company with a rating of Neutral.  No price target was given. The shares recently traded at $7.61 and have traded in a 52-week range of $4.70 to $9.45.  About the company: Exact Sciences Corp., is focused on developing and commercializing a non-invasive molecular screening test for the early detection and prevention of colorectal cancer. The Company’s test is a stool-based DNA test that identifies both pre-cancer and cancer by detecting genetic mutations in colorectal cancer cells.
  • Wesco Aircraft (WAIR): Robert W. Baird initiated coverage of this company with a rating of Neutral and a price target of $13. The shares recently traded at $12.48 and have traded in a 52-week range of $10.62 to $15.25.  About the company: Wesco Aircraft Holdings, Inc., formerly Wesco Holdings, Inc., a holding company for Wesco Aircraft Hardware Corp. The Company is a distributor and provider of supply chain management services to the global aerospace industry. Its services range from traditional distribution to the management of supplier relationships, quality assurance, kitting, just-in-time, delivery and point-of-use inventory management.

Coverage Reiterated

  • Travelzoo (NASDAQ:TZOO): Wedbush reiterated its rating of Outperform for this company and changed its price target from $107 to $72.  The shares recently traded at $34.10 and have traded in a 52-week range of $19.75 to $103.80.  About the company: Travelzoo Inc. provides online marketing solutions to the travel industry. Through the Company’s Web site, its newsletter, and by using its listing management software, travel companies can inform Internet users about their specials. Travelzoo serves companies such as Alamo Rent-A-Car, Delta Airlines, Expedia, and Hilton Hotels.
  • Apple (NASDAQ:AAPL): Canaccord Genuity reiterated its rating of Buy for this company and changed its price target from $515 to $545.  The shares recently traded at $374.05 and have traded in a 52-week range of $254.50 to $404.50.  About the company: Apple Inc. designs, manufactures, and markets personal computers and related personal computing and mobile communication devices along with a variety of related software, services, peripherals, and networking solutions. The Company sells its products worldwide through its online stores, its retail stores, its direct sales force, third-party wholesalers, and resellers.
  • Amerigroup (NYSE:AGP): Stifel Nicolaus reiterated its rating of Buy for this company and changed its price target from $62 to $55. The shares recently traded at $47.30, and have traded in a 52-week range of $36.71 to $75.74. About the company: AMERIGROUP Corporation, a multi-state managed healthcare company, serves people who receive healthcare benefits through state-sponsored programs. Programs include Medicaid, Children’s Health Insurance Program, and Family Care. The Company provides managed care and medical management programs, as well as offers community-based education and outreach programs.
  • AOL (NYSE:AOL): Needham reiterated its rating of Buy for this company and changed its price target from $35 to $20.  The shares recently traded at $14.50, and have traded in a 52-week range of $10.06 to $27.65.  About the company: AOL Inc is a web services company. The Company’s business spans online content, products and services that the company offers consumers, publishers and advertisers. AOL focuses on attracting consumers and providing online advertising services on company owned and operated properties as well as third party websites. AOL also operates an internet subscription access service.

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