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New Stock Ratings and Price Targets Initiated By Brokers Feb 9th

By Wall St. Cheat Sheet

February 09 2012 Tweet Email This

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

Lithia Motors (NYSE:LAD):

Stifel Nicolaus initiated coverage of this company with a rating of Buy and a price target of $30.

Dell (NASDAQ:DELL):

Mizuho initiated coverage of this company with a rating of Buy and a price target of $20.

Hewlett-Packard (NYSE:HPQ): Hewlett-Packard (NYSE:HPQ) recently placed a large notebook order with Pegatron which, added to existing orders, gives the company the possibility of shipping 20M notebooks in 2012, according to Digitimes.

Mizuho initiated coverage of this company with a rating of Neutral and a price target of $30.

Apple (NASDAQ:AAPL): Protesters plan to gather outside a number of Apple (NASDAQ:AAPL) stores around the world today, in order to protest working conditions at factories that make the company’s products, The Washington Post reported yesterday. Apple cares about all of the workers in its supply chain, and insists that its suppliers provide safe working conditions, said a company spokesman, but Apple’s own audit found that 44% of the facilities in its supply chain didn’t implement changes that would prevent repetitive injuries, the newspaper noted.

Mizuho initiated coverage of this company with a rating of Buy and a price target of $635.

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