Stock Coverage Initiated: GR, BEAV, CPWM, COHR

Wall St. Watchdog reveals information about companies for which stock analysts initiated coverage on September 19th.

  • Goodrich (NYSE:GR): KeyBanc Capital Mkts initiated coverage of this company with a rating of Hold.  No price target was given.  About the company: Goodrich Corporation supplies aerospace components, systems, and services to customers located worldwide.  The Company manufactures various aerostructures, aircraft evacuation systems, passenger restraint systems, sensor systems, pump and engine controls, de-icing systems, and other products.  Goodrich serves the commercial, military, general aviation, and space industries.
  • BE Aerospace (NASDAQ:BEAV): KeyBanc Capital Mkts initiated coverage of this company with a rating of Buy and a price target of $39.  About the company: BE Aerospace, Inc. manufactures interior products for commercial and general aviation aircraft cabins.  The Company serves major airlines and various general aviation customers and airframe manufacturers.  Products include a variety of aircraft seating products, food and beverage preparation and storage equipment, cabin interior structures, and oxygen delivery systems.
  • Cost Plus (NASDAQ:CPWM): KeyBanc Capital Mkts initiated coverage of this company with a rating of Buy and a price target of $9.  About the company: Cost Plus, Inc. retails casual home living and entertainment products in the United States.  The Company operates its stores under the name Cost Plus World Market.  Cost Plus’s products include furniture, rugs, cards, baskets, glassware, ceramics, kitchen utensils, jewelry, wine, gourmet foods, coffees, and teas.
  • Coherent (NASDAQ:COHR): Needham initiated coverage of this company with a rating of Buy and a price target of $55.  About the company: Coherent, Inc. is a global company that manufactures and sells a variety of lased-based photonic products.  The Company’s products are used in manufacturing and instrumentation applications that include optical telecommunication, semiconductor manufacturing, inspection and test, advance packaging, and reprographics.  The electro-optical market consists of Fortune 500 customers.

(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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