Wall St. Watchdog reveals information about companies for which stock analysts initiated coverage on November 7th.
- Groupon (NASDAQ:GRPN): The Benchmark Company initiated coverage of this company with a rating of Buy and a price target of $32. About the company: Groupon advertises a daily deal, typically a half-off coupon for anything from a local restaurant or retail store to a hotel or spa; if enough consumers buy the coupon online by midnight, the deal is on and the featured business can achieve a nice chunk in sales. Get the most recent company news and stock data here >>
- Archer-Daniels (NYSE:ADM): Ticonderoga initiated coverage of this company with a rating of Neutral. About the company: Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities and products. The Company processes oilseeds, corn, milo, oats, barley, peanuts, and wheat. Archer-Daniels-Midland also processes produce products which have primarily two end uses including food or feed ingredients. Get the most recent company news and stock data here >>
(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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