Stock Analysts Started New Ratings Coverage on These Shares Today

Following is information on stocks for which analysts initiated coverage today:

  • BTU Int’l (NASDAQ:BTUI): Feltl & Co. initiated coverage on this stock with a rating of Hold and a price target of $8. About this company: BTU International, Inc. designs, manufactures, sells, and services thermal processing equipment and related process controls for use in the electronics, power generation, automotive, and other industries. The Company supplies solder reflow systems, low temperature curing/encapsulation, hybrid integrated circuit manufacturing, and systems for sintering nuclear fuel.
  • Amtech Systems (NASDAQ:ASYS): Feltl & Co. initiated coverage on this stock with a rating of Buy and a price target of $22.  About this company: Amtech Systems, Inc. manufactures and sells capital equipment. The Company’s products include silicon wafer handling automation, semiconductor processing equipment, and related consumables used in fabricating semiconductor devices. Amtech operates offices in the United States and the Netherlands.
  • Salient MLP & Energy Infras. (SMF): Stifel Nicolaus initiated coverage on this stock with a rating of Buy and a price target of $26.
  • PAETEC Holding (NASDAQ:PAET): RBC Capital Mkts initiated coverage on this stock with a rating of Outperform and a price target of $6.  About this company:   PAETEC Holding Corporation offers communications services to businesses. The Company offers medium and large businesses in metropolitan areas of the United States local and long distance voice services, data services, and Internet services.
  • Teva Pharma (NASDAQ:TEVA): Argus initiated coverage on this stock with a rating of Buy and a price target of $58.  About this company:  Teva Pharmaceutical Industries Ltd. develops, manufactures and markets generic and branded human pharmaceuticals and active pharmaceutical ingredients. The Company produces antibiotics, oncological products, Alpha D3 for treatment of post-menopausal bone loss in women and Copaxone for treatment of multiple sclerosis. Teva develops novel drugs for diseases of the central nervous system.
  • Volcano (NASDAQ:VOLC): Stifel Nicolaus initiated coverage on this stock with a rating of Hold.  No price target was given.  About this company:  Volcano Corporation develops, manufactures, and commercializes medical devices. The Company’s products include intravascular ultrasound (IVUS) catheters and Functional Measurement guide wires used to diagnose and assess diseases of the coronary and peripheral vasculature.
  • ZAGG (NASDAQ:ZAGG): Ladenburg Thalmann initiated coverage on this stock with a rating of Buy and a price target of $20.  About this company: Zagg Incorporated designs, manufactures and distribute branded protective coverings, audio accessories and power solutions for consumer electronic and hand-held devices.
  • IberiaBank (NASDAQ:IBKC): Oppenheimer initiated coverage on this stock with a rating of Outperform and a price target of $70.  About this company: IBERIABANK Corporation is the holding company for IBERIABANK, a commercial bank conducting business from a network of offices located throughout Louisiana. The Bank attracts deposits from the general public and uses those funds to originate consumer and commercial loans. IBERIABANK also offers discount brokerage services through a wholly owned subsidiary.
  • Wintrust Fin (NASDAQ:WTFC): Oppenheimer initiated coverage on this stock with a rating of Outperform and a price target of $38.  About this company: Wintrust Financial Corporation is a multi-bank holding company providing community-based banking services in various suburbs of Chicago, Illinois. The Banks provide a variety of commercial and personal financial services to individuals, businesses, local governmental units, and institutions. Wintrust also has a financing services subsidiary and a trust subsidiary.
  • MB Financial (NASDAQ:MBFI): Oppenheimer initiated coverage on this stock with a rating of Perform.  No price target was given.  About this company: MB Financial, Inc. is the holding company for MB Financial Bank, N.A., a commercial bank serving middle market businesses and individuals. The Bank offers a range of products and services through branches located in Illinois.
  • InterMune (NASDAQ:ITMN): Brean Murray initiated coverage on this stock with a rating of Buy and a price target of $50.  About this company:  InterMune, Inc. is a biopharmaceutical company. The Company develops therapies for hepatology and pulmonology, including treatments for severe, malignant osteopetrosis and chronic granulomatous disease. Competitors to Watch: Gilead Sciences, Inc. (NASDAQ:GILD), Vertex Pharmaceuticals Inc. (NASDAQ:VRTX), Idenix Pharmaceuticals, Inc. (NASDAQ:IDIX), Amgen, Inc. (NASDAQ:AMGN), Amarillo Biosciences, Inc. (AMAR), Merck & Co., Inc. (NYSE:MRK), Pfizer Inc. (NYSE:PFE), Pharmasset, Inc. (NASDAQ:VRUS), Roche Holding Ltd. (RHHBY), and Anadys Pharmaceuticals, Inc. (NASDAQ:ANDS).
  • Allete (NYSE:ALE): Robert W. Baird initiated coverage on this stock with a rating of Outperform and a price target of $47.  About this company: ALLETE, Inc. provides energy services in the upper Midwest United States. The Company generates, transmits, distributes, markets, and trades electrical power for retail and wholesale customers.
  • Northwestern Corp (NYSE:NWE): Robert W. Baird initiated coverage on this stock with a rating of Outperform and a price target of $38.  About this company: NorthWestern Corporation, doing business as NorthWestern Energy, provides electricity and natural gas in the Upper Midwest and Northwest serving customers in Montana, South Dakota, and Nebraska.
  • Bank of Hawaii (NYSE:BOH): Rodman & Renshaw initiated coverage on this stock with a rating of Mkt Perform.  No price target was given.  About this company: Bank of Hawaii Corporation is a regional financial services holding company with locations throughout the Pacific. The Company and its subsidiaries provide a wide range of financial services to businesses, governments, and individuals in Hawaii, the West Pacific, and American Samoa. Bank of Hawaii provides services such as commercial banking, investment and trust services, and mortgages.
  • MetroPCS (NYSE:PCS): Kaufman Bros initiated coverage on this stock with a rating of Buy and a price target of $24.  About this company: MetroPCS Communications, Inc. is a wireless communications provider in the United States. The Company offers unlimited wireless voice and data services to the mass market. Competitors to Watch: Leap Wireless Intl., Inc. (NASDAQ:LEAP), Verizon Communications Inc. (NYSE:VZ), Sprint Nextel Corporation (NYSE:S), NTELOS Holdings Corp. (NASDAQ:NTLS), Telephone & Data Systems, Inc. (NYSE:TDS), United States Cellular Corp. (NYSE:USM), AT&T Inc. (NYSE:T), Shenandoah Telecommunications Co. (NASDAQ:SHEN), Clearwire Corporation (NASDAQ:CLWR).

(Note: data on stock ratings are sourced from here.  All data are assumed to be accurate.)

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