Brokerage Analysts Started Covering These Stocks Today

Wall St. Watchdog reveals information about companies for which stock analysts initiated coverage on November 1st.

  • Cisco Systems (NASDAQ:CSCO): MKM Partners initiated coverage of this company with a rating of Buy and a price target of $25. About the company: Cisco Systems, Inc. supplies data networking products for the Internet. The Company’s Internet Protocol-based networking solutions are installed at corporations, public institutions and telecommunication companies worldwide. The Company’s solutions transport data, voice, and video within buildings, across campuses, and around the world.
  • MKS Instruments (NASDAQ:MKSI): Dougherty & Company initiated coverage of this company with a rating of Buy and a price target of $33. About the company: MKS Instruments, Inc. develops, manufactures, and supplies instruments and components used to control and analyze gases in semiconductor manufacturing and similar industrial manufacturing processes. The Company’s products are used to manufacture flat panel displays, magnetic and optical storage devices and media, solar cells, fiber optic cables, and diamond thin films.
  • Tesoro (NYSE:TSO): Global Hunter Securities initiated coverage of this company with a rating of Buy and a price target of $40. About the company: Tesoro Corporation refines and markets petroleum products, and provides transporting services. The Company operates refineries, as well as a network of retail and refueling stations in the western United States. Tesoro also markets gasoline and diesel fuel to independent marketers and commercial end users.
  • Sunoco (NYSE:SUN): Global Hunter Securities initiated coverage of this company with a rating of Neutral. About the company: Sunoco, Inc. is a petroleum refiner and marketer and chemicals manufacturer with interests in logistics and cokemaking. The Company’s petroleum products include fuels, lubricants, and petrochemicals. Sunoco’s operations are conducted principally in the eastern half of the United States while its coke making operations are in Virginia, Indiana, Ohio and Vitoria Brazil.
  • Western Refining (NYSE:WNR): Global Hunter Securities initiated coverage of this company with a rating of Neutral. About the company: Western Refining, Inc., through a subsidiary, refines crude oil and markets petroleum products. The subsidiary primarily produces gasoline, diesel, and jet fuel. The products are marketed in Arizona, New Mexico and Texas in the United States, and Juarez, Mexico.
  • Marathon Petroleum (MPC): Global Hunter Securities initiated coverage of this company with a rating of Buy and a price target of $55.
  • Delek US Holdings (NYSE:DK): Global Hunter Securities initiated coverage of this company with a rating of Buy and a price target of $20. About the company: Delek US Holdings, Inc. a diversified energy focused on petroleum refining and supply and on retail marketing. The Company markets gasoline, diesel and other refined petroleum products and convenience merchandise through a network of company-operated retail fuel and convenience stores. Delek also has a wholesale fuel distribution operation.
  • Valero Energy (NYSE:VLO): Global Hunter Securities initiated coverage of this company with a rating of Accumulate and a price target of $33. About the company: Valero Energy Corporation is an independent petroleum refining and marketing company that owns and operates refineries in the United States, Canada, and Aruba. The Company produces conventional gasolines, distillates, jet fuel, asphalt, petrochemicals, lubricants, and other refined products as well as diesel fuel, low-sulfur and ultra-low-sulfur diesel fuel, and oxygenates.
  • HollyFrontier (HFC): Global Hunter Securities initiated coverage of this company with a rating of Buy and a price target of $48.
  • CVR Energy (NYSE:CVI): Global Hunter Securities initiated coverage of this company with a rating of Buy and a price target of $38. About the company: CVR Energy, Inc. is an independent refiner and marketer of transportation fuels. The Company, also through a limited partnership produces ammonia and urea ammonia nitrate, or UAN, fertilizers.
  • Alon USA Energy (NYSE:ALJ): Global Hunter Securities initiated coverage of this company with a rating of Neutral. About the company: Alon USA Energy, Inc. refines and markets oil, operates pipelines, and operates convenience stores. The Company operates a sour crude oil refinery and pipeline, markets gasoline and diesel fuel to retailers, markets unbranded gasoline and diesel and jet fuels, supplies asphalt in West Texas, New Mexico and Arizona, and operates convenience stores in West Texas and New Mexico.
  • Xylem (XYL): Robert W. Baird initiated coverage of this company with a rating of Neutral and a price target of $29.
  • Swift Energy (NYSE:SFY): Brean Murray initiated coverage of this company with a rating of Buy and a price target of $54. About the company: Swift Energy Company is an independent oil and gas company that explores, develops, acquires, and operates oil and gas properties. The Company focuses on United States onshore and inland water areas of the Texas and Louisiana Gulf Coast and in New Zealand on onshore areas of the Taranaki Basin.

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

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