Wall St. Watchdog reveals information about companies for which stock analysts initiated coverage on October 6th.
- Natl Oilwell Varco (NYSE:NOV): Standpoint Research initiated coverage of this company with a rating of Buy and a price target of $74. About the company: National Oilwell Varco Inc. designs, manufactures, and sells machinery, equipment, and downhole products used in oil and gas drilling and production. The Company also provides oilfield inspection and other services, and supply chain integration services to the upstream oil and gas industry.
- Curis (NASDAQ:CRIS): Summer Street Research initiated coverage of this company with a rating of Buy and a price target of $5. About the company: Curis, Inc. develops therapeutics for the regeneration and restoration of human tissues and organs.
- Aurizon Mines (AMEX:AZK): Global Hunter Securities initiated coverage of this company with a rating of Accumulate and a price target of $7.75. About the company: Aurizon Mines Ltd. is a gold mining company. The Company’s operations and exploration activities are located in the Abitibi region of north-western Quebec, Canada. Aurizon operates and owns an interest in the Beaufor Mine, the Sleeping Giant Mine, and the Casa Berardi property.
- Xcel Energy (NYSE:XEL): Ticonderoga initiated coverage of this company with a rating of Buy and a price target of $28. About the company: Xcel Energy, Inc. provides electric and natural gas services. The Company offers a variety of energy-related services, including generation, transmission, and distribution of electricity and natural gas throughout the United States. Xcel utilities serve customers in portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin.
(Note: Selected financial data are sourced from Briefing.com via the Wall St. Journal. All data are assumed to be accurate.)