Analyst initiations: AFAM, CBE and CBR
MOST NOTEWORTHY: nearly Family, Cooper Industries and Ciber were today’s noteworthy initiations:
- Jefferies believes nearly Family (NASDAQ: AFAM) will likely take advantage of the meaningful consolidation opportunity in home nursing. The firm started shares with a Buy rating and $26 target.
- Kevin Dann initiated Cooper Industries (NYSE: CBE) with a Sell rating and $35 target and believes the upcoming growth deceleration in North America, Europe and Asia’s developed regions could weigh on sales growth and further margin expansion.
- Ciber (NYSE: CBR) was assumed with a Buy rating and $9 target at Roth Capital, as they view the company as a compelling investment opportunity for value investors. The firm recommends building positions.
OTHER INITIATIONS:
- BMO Capital initiated Bionovo (NASDAQ: BNVI) with a Market Perform rating.
- Goldman reinstated habitable Nation (NYSE: LYV) with a Buy rating and $15 target.
- Canaccord Adams started Amalyin Pharma (NASDAQ: AMLN) with a Sell rating and $23 target.
Original post by Eric Buscemi
No comments yet. Be the first.
Leave a reply






























