Stock Analysts Initiate Coverage on Tivo, Priceline and These 12 Stocks

Wall St. Watchdog reveals information about companies for which stock analysts initiated coverage on September 9th.

  • Allot Comms (NASDAQ:ALLT): Wedbush initiated coverage of this company with a rating of Outperform and a price target of $16.  About the company: Allot Communications Ltd. designs and develops broadband service optimization solutions using advanced deep packet inspection technology. The Company provides their customers with real-time highly granular visibility into network traffic and enables them to effectively manage and optimize their networks.
  • Priceline.com (NASDAQ:PCLN): Wedbush initiated coverage of this company with a rating of Outperform and a price target of $675.  About the company: Priceline.com Incorporated enables consumers to use the Internet to save money on a variety of products and services. The Company’s product allows customers to name their own price on products or services and communicates that demand directly to participating sellers or to their private databases. Participants include domestic and international airlines, and hotel chains.
  • Orbitz (NYSE:OWW): Wedbush initiated coverage of this company with a rating of Neutral and a price target of $3.  About the company: Orbitz Worldwide, Inc. offers travel services over the Internet. The Company’s website offers air, hotel, vacation package, car rental, cruise, travel insurance, ground transportation, event ticket, and tour bookings.
  • Expedia (NASDAQ:EXPE): Wedbush initiated coverage of this company with a rating of Outperform and a price target of $38.  About the company: Expedia, Inc. provides branded online travel services for leisure and small business travelers. The Company offers a wide range of travel shopping and reservation services, providing real-time access to schedule, pricing and availability information for airlines, hotels, and car rental companies.
  • Globe Specialty Metals (NASDAQ:GSM): KeyBanc Capital Mkts initiated coverage of this company with a rating of Hold.  No price target was given.  About the company: Globe Specialty Metals Inc. produces silicon metal and silicon-based alloys. The Company’s products are used for the manufacture of a wide range of industrial products, including silicone compounds, aluminium, ductile iron, automotive parts, steel, photovoltaic solar cells and electronic semiconductors.
  • Cincinnati Bell (NYSE:CBB): The Benchmark Company initiated coverage of this company with a rating of Buy and a price target of $5.  About the company: Cincinnati Bell Inc. is a local exchange and wireless provider serving residential and business customers. The Company provides a range of telecommunications products and services to customers in Ohio, Kentucky, and Indiana.
  • Heineken (HINKY): HSBC Securities initiated coverage of this company with a rating of Neutral.  No price target was given.  About the company: Heineken N.V. (Heineken) is a beer brewer that owns and manages a portfolio of beer brands. Its principal brand is Heineken. In addition, the Company has more than 200 international, regional, local and specialty beers and ciders, including Amstel, Birra Moretti, Cruzcampo, Foster’s, Kingfisher, Newcastle Brown Ale, Ochota, Primus, Sagres, Star, Strongbow, Tiger and Zywiec.
  • Rovi (NASDAQ:ROVI): Brean Murray initiated coverage of this company with a rating of Buy and a price target of $58.  About the company: Rovi Corporation provides digital home entertainment experience by delivering solutions to businesses to protect, enhance an distribute digital goods to consumers across multiple channels. The Company’s services and products include connected middleware, media recognition, interactive programming guides, copy protection and rich media.
  • TiVo (NASDAQ:TIVO): Brean Murray initiated coverage of this company with a rating of Buy and a price target of $14.  About the company: TiVo Inc. provides a subscription-based service enabled by a personal video recorder. The Company’s service allows viewers to locate and record multiple shows, control live television, choose viewing preferences, and access their customized lineup of shows. TiVo’s service also serves as a platform to deliver television programming, advertising, and in-home commerce.
  • Rentrak (NASDAQ:RENT): Brean Murray initiated coverage of this company with a rating of Buy and a price target of $24.  About the company: Rentrak Corporation is an information management company serving the media, entertainment, retail, advertising and manufacturing industries. The Company, through its software suite, collects, manages, analyzes, and reports detailed point-of-sale data. Rentrak also provides home entertainment products to small video rental outlets in the US and Canada.
  • ProLogis (NYSE:PLD): KeyBanc Capital Mkts initiated coverage of this company with a rating of Hold.  No price target was given.  About the company: ProLogis provides distribution facilities and services. The Company has distribution facilities owned, managed, and under development in various markets throughout North America, Europe, and Asia. ProLogis leases industrial space to manufacturers, retailers, transportation companies, third-party logistics providers and other enterprises with large-scale distribution needs.
  • First Ind. Rlty (NYSE:FR): KeyBanc Capital Mkts initiated coverage of this company with a rating of Hold.  No price target was given.  About the company: First Industrial Realty Trust, Inc. is a self-administered and fully integrated real estate investment trust which owns, manages, acquires and develops bulk warehouses and light industrial properties. The Company’s interests in its properties are held through various partnerships controlled by the company.
  • EastGroup (NYSE:EGP): KeyBanc Capital Mkts initiated coverage of this company with a rating of Buy and a price target of $43.  About the company: EastGroup Properties, Inc. is an equity real estate investment trust. The Trust acquires and develops industrial properties in major sunbelt markets throughout the United States with a special emphasis in the states of California, Florida, Texas and Arizona.
  • DCT Industrial Trust (NYSE:DCT): KeyBanc Capital Mkts initiated coverage of this company with a rating of Buy and a price target of $5.25.  About the company: DCT Industrial Trust Inc. is a real estate investment trust. The Company owns, acquires, develops and manages bulk distribution and light industrial properties located in the United States.

(Note: Data on stock ratings are sourced from Briefing.com via the Wall St. Journal.  All data are assumed to be accurate.)

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