New Analyst Ratings Before the Open (XEC, OFC, GNMK, NUS, PTEN, STP, TSL, YGE)

Published on Monday, 12 July 2010 07:45 Written by Danny Miller

New York, July 12th (TradersHuddle.com) – Following are some of the new analyst ratings before the market open.

Research Firms Initiate:

Cimarex Energy (NYSE:XEC), the crude oil and natural gas exploration and production company, was initiated with Overweight at JP Morgan and a target price of $88.

Corporate Office Properties Trust (NYSE:OFC), the suburban office properties REIT, was initiated with an Outperform at Keefe, Bruyette and a  $44 target price.

GenMark Diagnostics (NASDAQ:GNMK), the molecular diagnostics company, was initiated with Overweight at Piper Jaffray and an $8 target price.

Nu Skin Enterprises (NYSE:NUS), the personal care products and nutritional supplements global direct marketer, was initiated with Overweight at JP Morgan and a $37 target price.

Patterson-UTI Energy (NASDAQ:PTEN), the land-based drilling services provider, was initiated with a Neutral at Susquehanna.

Suntech Power (NYSE:STP), the Chinese photovoltaic products maker, was initiated with a Sell at Citigroup and a $7 target price.

Trina Solar (NYSE:TSL), the maker of solar power products, was initiated with a Buy at Citigroup and a $30 target price.

Yingli Green Energy (YGE), the China based Photovoltaic modules maker, was initiated with a Hold at Citigroup and a $15 target price.