Stock Analysts Initiated Coverage of these Shares Feb 6th
Wall St. Watchdog reveals information about companies for which stock analysts initiated coverage on February 6th.
Intel (NASDAQ:INTC): Advanced Micro Devices (NYSE:AMD) disclosed at an analyst event that it has started manufacturing some chips, potentially including its next-generation A-series Fusion chips, at IBM’s (NYSE:IBM) facilities, reported the hardware review blog X-bit Laboratories. Production from IBM may lead to increased ability to compete in terms of volume with Intel (NASDAQ:INTC), the blog said. Maxim Group initiated coverage of this company with a rating of Buy and a price target of $33.
Allot Comms (NASDAQ:ALLT):
Maxim Group initiated coverage of this company with a rating of Buy and a price target of $21.
BWS Financial initiated coverage of this company with a rating of Buy and a price target of $5.
Post (POST): Ralcorp Holdings (NYSE:RAH) announced that it has completed the previously announced separation of Post Holdings (POST) through a tax-free spin-off to Ralcorp shareholders. Ralcorp shareholders of record, as of the close of business on Jan. 30, received one share of Post common stock for every two shares of Ralcorp common stock held on the Record Date. Following this separation, Ralcorp will be the leading producer of private-brand foods in the U.S. and a major producer of foodservice products. The company plans to leverage the growth opportunities and advantageous market dynamics in the private-brand food industry. Stifel Nicolaus initiated coverage of this company with a rating of Hold.
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