Susquehanna Initiates Coverage on Cameron International (CAM) with a Positive Nov 11, 2009 08:52AM

Susquehanna initiates coverage on Cameron International (NYSE: CAM) with a Positive. Price target $48.

Susquehanna analyst says, "We expect tender activity for deepwater rigs, subsea equipment, surface, valves and compression to accelerate in 2010 as oil companies gain confidence in the commodity recovery, which should allow Cameron to build on its significant backlog and create earnings upside to consensus forecasts in 2011-2012. We like the company's unique business mix, which provides equipment for all phases of the oilfield services cycle - from its shorter cycle surface equipment to its later cycle drilling systems packages - allowing it some exposure to drilling activity recovery, but also backlog stability. This, coupled with its leverage to key secular growth themes such as international, deepwater activity, and low capex requirements, will provide strong free cash flows for the foreseeable future."

"Cameron's earnings have shown greater resilience during the 2008-2009 downturn than the service companies, though this likely will reverse in 2010 during the early phases of the recovery, which may cause earlier-cycle stocks to get a closer look. However, we believe the valuation at a sharp discount to the services companies (18.5x 2010 EPS vs. 22.6x) already reflects this slower potential growth, and we would look to add positions in this high-quality company at discounted levels."

To see more analyst ratings on CAM Click Here.

Cameron International Corporation provides flow equipment products, systems, and services to oil and gas, and process industries worldwide.


Numerous Analysts Start Coverage on Education Management (EDMC): Mostly Neutral, Some Bullish Nov 11, 2009 08:27AM

We have a number of analyst firms out with new coverage on the recent IPO Education Management Corp. (Nasdaq: EDMC):

  • Goldman Sachs starts the stock at Neutral with a $24.75 price target
  • Piper Jaffray - at Overweight with a $30 price target
  • JPMorgan - at Neutral
  • BofA Merrill Lynch - at Buy with a $26 price target
  • Credit Suisse - at Neutral
  • Barclays - at Overweight with a $27 price target
  • Robert W. Baird - at Neutral with a $25 price target
  • BMO Capital - at Market Perform with a $26 price target
  • Stifel Nicolaus - at Hold
  • William Blair - at Market Perform
  • Barrington Research - at Outperform with a $32 price target


Barclays Initiates Coverage on Talecris Biotherapeutics (TLCR) with an Equalweight Nov 11, 2009 08:26AM

Barclays initiates coverage on Talecris Biotherapeutics (Nasdaq: TLCR) with an Equalweight rating. Price target $24.

To see more analyst ratings on TLCR Click Here.

Talecris Biotherapeutics Holdings Corp., a biotherapeutic and biopharmaceutical company, engages in the production and marketing of plasma-derived protein therapies worldwide.


Needham & Co Initiates Coverage on Celsion Corporation (CLSN) with a Buy Nov 11, 2009 08:24AM

Needham & Co initiates coverage on Celsion Corporation (Nasdaq: CLSN) with a Buy rating. Price target $7.

To see more analyst ratings on CLSN Click Here.

Celsion Corporation, an oncology drug development company, develops and commercializes targeted chemotherapeutic oncology drugs based on its proprietary heat-activated liposomal technology.


Ladenburg Thalmann Initiates Coverage on Two Harbors Investment Corp. (TWO) with a Buy Nov 11, 2009 08:14AM

Ladenburg Thalmann initiates coverage on Two Harbors Investment Corp. (NYSE Amex: TWO) with a Buy rating. Price target $11.

To see more analyst ratings on TWO Click Here.


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Nov 11, 2009 08:12AM National Securities Initiates Coverage on SciClone Pharmaceuticals (SCLN) with a Buy
Nov 11, 2009 08:03AM J.P. Morgan Initiates Coverage on Banco Santander (BSBR) with an Overweight
Nov 11, 2009 08:01AM Bank of America Re-instates Coverage on Wynn Resorts (WYNN) with a Buy
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Nov 11, 2009 07:41AM Hapoalim Securities Initiates Coverage on Merck (MRK) with a Hold; Vytorin and Zetia Headwinds
Nov 11, 2009 07:05AM Piper Jaffray Initiates Coverage on Education Management (EDMC) with an Overweight; Distinctive Positioning
Nov 10, 2009 11:40AM Sidoti & Co Initiates Coverage on Stratasys (SSYS) with a Neutral
Nov 10, 2009 11:38AM ThinkEquity Initiates Coverage on Sourcefire (FIRE) with a Buy
Nov 10, 2009 11:15AM Raymond James Initiates Coverage on Knight Capital (NITE) with a Market Perform
Nov 10, 2009 11:14AM Raymond James Initiates Coverage on International Game Technology (IGT) with a Market Perform
Nov 10, 2009 09:38AM Thomas Weisel Initiates Coverage on UQM Technologies (UQM) with an Overweight
Nov 10, 2009 09:33AM Oppenheimer Initiates Coverage on China Integrated Energy (CBEH) with an Outperform
Nov 10, 2009 09:15AM J.P. Morgan Initiates Coverage Movie Production, Theaters Stocks CNK & RGC
Nov 10, 2009 08:56AM Several Brokerage Firms Initiate Coverage on Talecris Biotherapeutics (TLCR)
Nov 10, 2009 08:47AM Janney Montgomery Scott Initiates Coverage on CRA International (CRAI) with a Neutral
Nov 10, 2009 08:36AM Thomas Weisel Initiates Coverage on Satcon Technology (SATC) with a Marketweight
Nov 10, 2009 08:30AM Credit Suisse Initiates Coverage on Walter Investment Management (WAC) with an Outperform
Nov 10, 2009 08:29AM Jefferies & Co Initiates Coverage on Annaly Capital Management (NLY) with a Buy
Nov 10, 2009 07:11AM Wells Fargo Initiates Coverage on Talecris Biotherapeutics (TLCR) with an Outpeform
Nov 9, 2009 05:01PM Piper Jaffray Initiates Coverage on UQM Technologies (UQM) with an Overweight; Sees Significant Ramp in Sales Over Next 2-3 Yrs
Nov 9, 2009 04:57PM Piper Jaffray Initiates Coverage on Clinical Data (CLDA) with an Overweight
Nov 9, 2009 03:45PM Deutsche Bank Initiates Coverage on Wynn Macau with a Buy
Nov 9, 2009 12:28PM Consensus Forms That Despite Tremendous YTD Move, Ford (F) Is Still Undervalued
Nov 9, 2009 11:45AM Bernstein Initiates Coverage on Alexion Pharmaceuticals (ALXN) with at Market Perform
Nov 9, 2009 11:27AM Rodman & Renshaw Initiates Coverage on Silvercorp Metals (SVM) with an Outperform
Nov 9, 2009 11:25AM Rodman and Renshaw Initiates Coverage on Biosante Pharmaceuticals (BPAX) with an Outperform
Nov 9, 2009 11:10AM Standpoint Research Initiates Coverage on Crocs (CROX) with a Buy
Nov 9, 2009 10:34AM Standpoint Research Starts Ford Motor (F) at Buy
Nov 9, 2009 10:05AM RBC Capital Starts Select Medical (SEM) at Outperform
Nov 9, 2009 10:00AM Barclays Starts Parker-Hannifin (PH) at Equal Weight
Nov 9, 2009 09:58AM Barclays Starts Stone Energy (SGY) at Equal Weight
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Nov 9, 2009 07:14AM Piper Jaffray Initiates Coverage on Veeco Instruments (VECO) with an Overweight; Currently Trading At Discount Vs. Peers
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Nov 6, 2009 08:45AM Jefferies & Co Initiates Coverage on Mettler-Toledo (MTD) with a Buy
Nov 6, 2009 08:41AM Jefferies & Co Initiates Coverage on Millipore (MIL) with a Buy
Nov 6, 2009 08:39AM Jefferies & Co Initiates Coverage on Thermo Fisher Scientific (TMO) with a Hold
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Nov 6, 2009 08:37AM Jefferies & Co Initiates Coverage on Life Technologies (LIFE) with a Buy
Nov 6, 2009 08:12AM GC Research Initiates Coverage on O2 MIcro (OIIM) with an Overweight
Nov 6, 2009 07:46AM FBR Capital Resumes Coverage on Western Bancorp (UWBK) with a Market Perform
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Nov 6, 2009 06:54AM Janney Montgomery Scott Initiates Coverage on Peet's Coffee and Tea (PEET) with a Buy; Diedrich Acquisition Complements Nicely
Nov 5, 2009 10:41AM Jesup & Lamont Initiates Coverage on Thomas & Betts (TNB) with a Buy; Potential Upturn in Demand
Nov 5, 2009 09:45AM Rodman & Renshaw Initiates Coverage on China Education Alliance (CEU) with a Market Outperform
Nov 5, 2009 08:22AM Baird Initiates Coverage on Eaton Corp (ETN) with a Neutral
Nov 5, 2009 08:08AM Oppenheimer Initiates Coverage on Changyou.com (CYOU) with a Perform
Nov 5, 2009 08:06AM Oppenheimer Initiates Coverage on Shanda Games (GAME) with an Outperform
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