Shares of Alterra Capital, Fulton Financial and Catalyst Health Receive New Coverage

Wall St. Watchdog reveals information about companies for which stock analysts initiated coverage in the Financial sector for the week ending November 18th, 2011.

  • Alterra Capital (NASDAQ:ALTE): UBS initiated coverage of this company with a rating of Neutral and a price target of $23 on Nov 16th. The shares recently traded at $21.55, down $0.45, or 2.05% since the analyst’s rating. About the company: Alterra Capital Holdings Ltd. provides specialty insurance and reinsurance products to corporations, public entities, property and casualty insurers, and life and health insurers. The Company offers excess and surplus commercial lines insurance; and casualty, property, specialty, life and annuity reinsurance. Alterra operates worldwide. Get the most recent company news and stock data here >>
  • Fulton Fincl (NASDAQ:FULT): BB&T Capital Mkts initiated coverage of this company with a rating of Buy and a price target of $12 on Nov 17th. The shares recently traded at $8.93, down $0.29, or 3.15% since the analyst’s rating. About the company: Fulton Financial Corporation is a multi-bank holding company. The Banks offer a full range of general retail and commercial banking services, including deposits, loans, equipment leasing and financing, and credit cards. Fulton operates in Pennsylvania, Maryland, Delaware, and New Jersey. Get the most recent company news and stock data here >>
  • Catalyst Health Solutions (NASDAQ:CHSI): Stifel Nicolaus initiated coverage of this company with a rating of Hold on Nov 18th. The shares recently traded at $47.97, down $1.39, or 2.82% since the analyst’s rating. About the company: Catalyst Health Solutions, Inc. offers pharmacy benefit management services. The Company serves managed-care organizations, self-insured employers, and third party administrators. 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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