New Analyst Stock Coverage With Ratings and Share Price Targets Today

The DJIA closed up 61 points at 12,169, the S&P 500 Index closed up 10 points at 1,254 and the Nasdaq finished up 21 points at 2,599 in today’s trading. Brokerage analyst on Wall Street began covering the following companies today:

Broadsoft (NASDAQ:BSFT): Avondale initiated coverage of this company with a rating of Mkt Outperform and a price target of $45. About the company: BroadSoft Inc. is a global provider of software that enables fixed-line, mobile and cable service providers to deliver voice and multimedia services over their Internet protocol-based, or IP-based, networks. The Company’s software enables customers to provide enterprises and consumers with a range of cloud-based, or hosted, IP multimedia communications. Get the most recent company news and stock data here >>

Enduro Royalty Trust (NYSE:NDRO): Morgan Keegan initiated coverage of this company with a rating of Mkt Perform and a price target of $21. About the company: Enduro Royalty Trust is a Delaware statutory trust formed by Enduro Sponsor to own a net profits interest from the sale of oil and natural gas production from certain properties in the states of Texas, Louisiana and New Mexico held by Enduro Sponsor. Get the most recent company news and stock data here >>

MEDNAX (NYSE:MD): BB&T Capital Mkts initiated coverage of this company with a rating of Buy and a price target of $80. About the company: MEDNAX, Inc., through a subsidiary, provides physician management services to hospital-based neonatal, maternal – fetal, pediatric cardiology, and pediatric intensive care specialties. The Company also manages anesthesia practices. Get the most recent company news and stock data here >>

Callidus Software (NASDAQ:CALD): Morgan Keegan initiated coverage of this company with a rating of Outperform and a price target of $9.5. About the company: Callidus Software delivers enterprise application software called business performance systems. The Company’s Enterprise Incentive Management (AMEX:EIM) software system allows enterprises to model, administer, analyze and report pay-for-performance plans, which are designed to align employee, sales, and channel tactics with targeted business objectives. Get the most recent company news and stock data here >>

Pacific Drilling (NYSE:PACD): Howard Weil initiated coverage of this company with a rating of Market Outperform and a price target of $12. About the company: Pacific Drilling SA offers ultra-deepwater drilling services to the oil and natural gas production industry. The Company rents its drilling rigs, related equipment and work crews on a day rate basis to drill wells for its customers. Pacific Drilling operates worldwide. Get the most recent company news and stock data here >>

Washington Banking Co. (NASDAQ:WBCO): Stifel Nicolaus initiated coverage of this company with a rating of Buy and a price target of $14. About the company: Washington Banking Company is the holding company for Whidbey Island Bank. The Bank provides a full range of commercial banking services to small and medium-sized businesses, professionals, and other individuals. Whidbey operates offices in Island, Skagit, and Whatcom counties, in northwestern Washington. Get the most recent company news and stock data here >>

Columbia Banking (NASDAQ:COLB): Stifel Nicolaus initiated coverage of this company with a rating of Hold. About the company: Columbia Banking System, Inc. is the holding company for Columbia Bank, a full service commercial bank. The Bank serves small and medium-sized businesses, professionals, and other individuals through office in the Tacoma metropolitan area and contiguous parts of the Puget Sound region of Washington, as well as the Longview and Woodland communities in southwestern Washington. Get the most recent company news and stock data here >>

Elster (NYSE:ELT): Wunderlich initiated coverage of this company with a rating of Buy and a price target of $18. About the company: Elster Group SE provides gas, electricity and water meters and related communications, networking and software solutions. The Company’s products and solutions are used to measure gas, electricity and water consumption as well as enable energy efficiency and conservation. Get the most recent company news and stock data here >>

NetApp (NASDAQ:NTAP): Ticonderoga initiated coverage of this company with a rating of Neutral. About the company: NetApp, Inc. provides storage and data management solutions. The Company’s storage solutions include specialized hardware, software, and services that provide storage management for open network environments. NetApp serves enterprises, government agencies, and universities worldwide. Get the most recent company news and stock data here >>

EMC (NYSE:EMC): Ticonderoga initiated coverage of this company with a rating of Buy and a price target of $27. About the company: EMC Corporation provides enterprise storage systems, software, networks, and services. The Company’s products store, retrieve, manage, protect, and share information from all major computing environments and mainframe platforms. EMC operates offices around the world. Get the most recent company news and stock data here >>

VMware (NYSE:VMW): Ticonderoga initiated coverage of this company with a rating of Neutral. About the company: VMware, Inc. provides virtualization solutions from the desktop to the data center. The Company’s solution products addresses a range of IT problems, which includes cost and operational inefficiencies, business continuity, software lifecycle management and desktop management. Get the most recent company news and stock data here >>

ViroPharma (NASDAQ:VPHM): Brean Murray initiated coverage of this company with a rating of Buy and a price target of $37. About the company: ViroPharma Incorporated is a biopharmaceutical company committed to the commercialization, development, and discovery of new medicines. The Company’s products include a treatment for prophylaxis of hereditary angioedema as well a capsules for the treatment of antibiotic associated pseudomembranous colitis caused by Clostridium difficile infection (NYSE:CDI) and enterocolitis. Get the most recent company news and stock data here >>

Brunswick (NYSE:BC): Robert W. Baird initiated coverage of this company with a rating of Outperform and a price target of $25. About the company: Brunswick Corporation manufactures consumer products serving the outdoor and indoor active recreation markets. The Company’s products include sterndrives, outboard and inboard marine engines, fitness, billiards, bowling equipment. Brunswick also manufactures pleasure, fishing, and high performance boats. 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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