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New Analyst Ratings (CLWR, EBTX, MCO, NFLX, QLTI, SCOK, VTG)
Published on Thursday, 02 September 2010 07:26 Written by Danny Miller
New York, September 2nd (TradersHuddle.com) – Following are some of the new analyst ratings before the market open.
Research Firms Initiate:
Clearwire (NASDAQ:CLWR), the wireless provider, was initiated with Buy at Kaufman Brothers and a target price of $8.50. The firm said the company’s wireless data services are set to increase significantly in 2011. The company presents investors with a unique opportunity to invest in an early stage, pure-play, next-generation (4G) wireless services company that will generate significant growth beginning in 2011 with the company to cross over to positive free cash flow sometime in 2013 with a full year of positive free cash flow in 2014.
Encore Bancshares (NASDAQ:EBTX) was initiated with a Neutral at Macquarie.
Moody's (NYSE:MCO), the credit rating firm, was initiated with a Market Perform at Keefe Bruyette.
Netflix (NASDAQ:NFLX), the online video rental company, was initiated with a Hold at ThinkEquity.
QLT Inc (NASDAQ:QLTI) was initiated with a Buy at CK Cooper and a target price of $12 saying they believe the company will continue to be a player in the growing ophthalmology market. The firm believes shares of QLTI represent a compelling opportunity for investors at current levels.
SinoCoking Coal And Coke Chemical Company (NASDAQ:SCOK) was initiated with a Neutral at Madison Williams.
Vantage Drilling (NYSE:VTG) was initiated with a Buy at Jefferies.
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