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Banks Initiate New Stock Analyst Coverage: AIR, HEI, ESL, TDG, PFE, GLBS, ERTS, ATVI, GME, FNSR

October 07 2011 Tweet Email This

Wall St. Watchdog reveals information about companies for which stock analysts initiated coverage on October 7th.

AAR Corp (NYSE:AIR): Auriga initiated coverage of this company with a rating of Hold. About the company: AAR CORP. supplies aftermarket products and services to the global aviation/ aerospace industry. The Company purchases, sells, and leases new and used commercial jet aircraft, as well as purchases, sells, and leases a variety of new, overhauled, and repaired engines and engine products for the aviation aftermarket. AAR overhauls, repairs, and exchanges a variety of engine parts.
HEICO (NYSE:HEI): Auriga initiated coverage of this company with a rating of Buy. About the company: HEICO Corporation designs, manufactures, and sells aerospace products and services through its subsidiaries. The Company’s customers include airlines and airmotive, as well as defense contractors and military agencies worldwide, including the United States Air Force, the United States Navy, and the National Aeronautics & Space Administration (NASA).
Esterline Techs (NYSE:ESL): Auriga initiated coverage of this company with a rating of Buy. About the company: Esterline Technologies Corporation is worldwide supplier to the aerospace and defense industry. The Company’s core products include technology interface systems for commercial and military aircraft, jet engine sensors and electrical power distribution equipment, high temperature resistant materials, combustible ordinance and electronic warfare countermeasure products.
Transdigm Group (NYSE:TDG): Auriga initiated coverage of this company with a rating of Buy. About the company: TransDigm Group, Inc., through subsidiaries, manufactures aircraft components. The Company produces ignition systems and components, gear pumps, mechanical/electromechanical actuators and controls, NiCad batteries/chargers, power conditioning devices, hold-open rods and locking devices, engineered connectors and latches, cockpit security devices, and AC/DC electric motors.
Pfizer (NYSE:PFE): MKM Partners initiated coverage of this company with a rating of Buy and a price target of $20.5. About the company: Pfizer Inc. is a research-based, global pharmaceutical company that discovers, develops, manufactures, and markets medicines for humans and animals. The Company’s products include prescription pharmaceuticals, non-prescription self-medications, and animal health products such as anti-infective medicines and vaccines.
Huntington Ingalls (HII): UBS initiated coverage of this company with a rating of Neutral and a price target of $24.
Applied Minerals (AMNL): Dahlman Rose initiated coverage of this company with a rating of Buy and a price target of $6.
Globus Maritime Limited (NASDAQ:GLBS): Wunderlich initiated coverage of this company with a rating of Buy and a price target of $8. About the company: Globus Maritime Ltd. offers marine transportation services. The Company owns and operates dry bulk carriers used to transport iron ore, coal, grain, steel products, cement, alumina, and other cargo.
Take-Two (NASDAQ:TTWO): Robert W. Baird initiated coverage of this company with a rating of Neutral and a price target of $15. About the company: Take-Two Interactive Software, Inc. develops, markets, distributes, and publishes interactive entertainment software games and accessories. The Company’s products are for the personal computer, PlayStation game console, PlayStation 2 computer entertainment system, Xbox, Nintendo GameCube, and Nintendo Game Boy Advance. Take-Two operates offices worldwide.
Electronic Arts (NASDAQ:ERTS): Robert W. Baird initiated coverage of this company with a rating of Neutral and a price target of $25. About the company: Electronic Arts Inc. develops, publishes, and distributes branded interactive entertainment software worldwide for video game consoles, personal computers, handheld game players, and cellular handsets. The Company also provides online game-related services.
Activision Blizzard (NASDAQ:ATVI): Robert W. Baird initiated coverage of this company with a rating of Outperform and a price target of $15. About the company: Activision Blizzard, Inc. publishes, develops, and distributes interactive entertainment software and peripheral products. The Company’s products cover diverse game categories, including action/adventure, action sports, racing, role playing, simulation, first-person action, music-based gaming and strategy.
Gamestop (NYSE:GME): Robert W. Baird initiated coverage of this company with a rating of Outperform and a price target of $29. About the company: GameStop Corporation operates specialty electronic game and PC entertainment software stores throughout the United States, Australia, Canada and Europe. The Company stores sell new and used video game hardware, video game software and accessories, as well as PC entertainment software, and related accessories and other merchandise.
Bruker Corp. (NASDAQ:BRKR): William Blair initiated coverage of this company with a rating of Outperform. About the company: Bruker Corporation designs, manufactures, and markets proprietary life science systems based on spectrometry technology platforms. The Company also sells a range of field analytical systems for substance detection and pathogen identification. Bruker develops life science and advanced materials research tools based on X-ray technology.
Finisar (NASDAQ:FNSR): Morgan Keegan initiated coverage of this company with a rating of Outperform and a price target of $25.5. About the company: Finisar Corporation provides fiber optic subsystems and network performance test systems which enable high-speed data communications over local area network and storage area networks. The Company’s line of optical subsystems supports a variety of network applications, transmission speeds, distances, and mediums. Finisar also provides network performance test systems.