Analyst initiations: SPSN, AUY and CRXX
.gif){kind=logo}
MOST NOTEWORTHY: Spansion, Yamana Gold and Combinatrox were today’s noteworthy initiations:
- Spansion (NASDAQ: SPSN) was initiated with a Buy rating and $5 target at CRT Capital. The firm expects a regular pricing environment and seasonal demand to improve financial and credit metrics towards the back half of that year.
- Yamana Gold (NYSE: AUY) was initiated with a Neutral rating at HSBC.
- Punk Ziegel views shares of Combinatrox (NASDAQ: CRXX) as undervalued given its broad pipeline of drugs with meaningful potential. The firm started shares with a Buy rating and $7.50.
Original post by Eric Buscemi
No comments yet. Be the first.
Leave a reply
