Bank Analysts Released New Stock Ratings on These Companies Today

Wall St. Watchdog reveals information about companies for which stock analysts either initiated or reiterated coverage on September 1st.

Coverage Initiated

  • Teleflex (NYSE:TFX): Stifel Nicolaus initiated coverage of this stock with a rating of Buy and a price target of $65.  About the company: Teleflex Incorporated is a global provider of medical technology products. The Company primarily develops, manufactures and supplies single-use medical devices used by hospitals and healthcare providers for common diagnostic and therapeutic procedures in critical care and surgical applications.
  • Synovis Life Tech (NASDAQ:SYNO): Stifel Nicolaus initiated coverage of this stock with a rating of Hold.  No price target was given.  About the company: Synovis Life Technologies, Inc. develops, designs, manufactures, and brings to market medical devices for surgical and interventional treatment of disease. The Company provides products such as implantable biomaterial, surgical productivity tools, micro-wire components, and a coupler system.
  • Natus Medical (NASDAQ:BABY): Stifel Nicolaus initiated coverage of this company with a rating of Hold.  No price target was given.  About the company: Natus Medical Incorporated is a medical device company that develops, manufactures, and markets screening products. The Company’s products identify and monitor common medical disorders that may occur between conception to a baby’s first birthday. Natus is selling its ALGO products for newborn hearing screening, as well as its CO-Stat products for the evaluation of jaundice.
  • Hansen Medical (NASDAQ:HNSN): Ladenburg Thalmann initiated coverage of this company with a rating of Buy and a price target of $4.5.  About the company: Hansen Medical, Inc. develops and manufactures medical robotics designed for positioning, manipulation and control of catheters and catheter-based technologies
  • K12 (NYSE:LRN): Wunderlich initiated coverage of this company with a rating of Buy and a price target of $35.  About the company: K12 Inc. is a technology-based education company. The Company offers proprietary curriculum, software and educational services created for online delivery to students in kindergarten through 12th grade, or K-12.
  • National American University (NASDAQ:NAUH): Wunderlich initiated coverage of this company with a rating of Buy and a price target of $13.  About the company: National American University Holdings, Inc. operates National American University locations throughout the central United States. The schools offer career educational courses.
  • Lincoln Educational Services (NASDAQ:LINC): Wunderlich initiated coverage of this company with a rating of Hold and a price target of $11.  About the company: Lincoln Educational Services Corporation provides career-oriented post-secondary education. The Company offers recent high school graduates and working adults degree and diploma programs at its campuses in automotive technology, health sciences, skilled trades, business and information technology and spa and culinary.
  • Universal Technical Institute (NYSE:UTI): Wunderlich initiated coverage of this company with a rating of Buy and a price target of $21.  About the company: Universal Technical Institute Inc., through its Universal Technical Institute campuses, provide technical education training. The schools, offer through its UTI campuses, automotive, collision repair and refinishing, and diesel training. UTI also offers training in motorcycle, marine, and personal watercraft through its Motorcycle and Marine Mechanics Institutes.
  • HCA (NYSE:HCA): Auriga initiated coverage of this company with a rating of Buy and a price target of $28.  About the company: HCA Holdings, Inc. operates hospitals. The Company operates acute care hospitals, outpatient facilities, clinics and other patient care delivery settings. HCA operates hospitals in the United States and the United Kingdom.
  • NVIDIA (NASDAQ:NVDA): Kaufman Bros initiated coverage of this company with a rating of Buy and a price target of $18.  About the company: NVIDIA Corporation designs, develops, and markets three dimensional (3D) graphics processors and related software. The Company’s products provide interactive 3D graphics to the mainstream personal computer market.

Coverage Reiterated

  • Zumiez (NASDAQ:ZUMZ): Needham reiterated its rating of Buy for this company and changed its price target from $37 to $26.  About the company: Zumiez Inc., is a specialty retailer of action sports related apparel, footwear, equipment, and accessories.
  • Travelzoo (NASDAQ:TZOO): The Benchmark Company reiterated its rating of Buy for this company and changed its price target from $80 to $60.  About the company: Travelzoo Inc. provides online marketing solutions to the travel industry. Through the Company’s Web site, its newsletter, and by using its listing management software, travel companies can inform Internet users about their specials. Travelzoo serves companies such as Alamo Rent-A-Car, Delta Airlines, Expedia, and Hilton Hotels.
  • Novellus (NASDAQ:NVLS): Needham reiterated its rating of Buy for this company and changed its price target from $38 to $32.  About the company: Novellus Systems, Inc. manufactures, markets, and services equipment used in the fabrication of integrated circuits, commonly called chips or semiconductors. The Company also develops, manufactures, sells and supports grinding, lapping and polishing equipment for a broad spectrum of industrial applications.
  • PPL Corp (NYSE:PPL): Ticonderoga reiterated its rating of Buy for this company and changed its price target from $30 to $33.  About the company: PPL Corporation is an energy and utility holding company. The Company, through its subsidiaries, generates electricity from power plants in the northeastern and western United States, and markets wholesale and retail energy primarily in the northeastern and western portions of the United States, and delivers electricity in Pennsylvania and the United Kingdom.

(Note: Data about stock ratings are sourced from Briefing.com via the Wall St. Journal.  All data are assumed to be accurate.)

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