New Ratings (AXL, BWA, CELG, CHSP, CAG, DAN, JCI, LEA, MTU, MGI, EDU, PLX, RLJ, SYT, TEN, MDCO)

Published on Wednesday, 30 November 2011 08:29 Written by Danny Miller

New York, November 30^th (TradersHuddle.com) – Following are some of the new analyst ratings before the market open.

Research Firms Initiate:

American Axle (NYSE:AXL), the maker of driveline systems, was initiated with Sector Perform at RBC Capital.

Borg Warner (NYSE:BWA), the provider of engineered systems and components for automotive power-train applications, was initiated with Outperform at RBC Capital.

Celgene (NASDAQ:CELG), the biopharmaceutical company focused on cancer treatments, was initiated with a Buy at Auriga.

Chesapeake Lodging Trust (NYSE:CHSP) was initiated with a Buy at Janney Capital Markets.

ConAgra Foods (NYSE:CAG), the maker of packaged foods like Chef Boyardee and Peter Pan peanut butter, was initiated with a Buy at Janney Capital Markets.

Dana Holding Corp. (NYSE:DAN) was initiated with Sector Perform at RBC Capital.

Johnson Controls (NYSE:JCI), the maker of automotive seating and interior systems, was initiated with Outperform at RBC Capital.

Lear Corp. (NYSE:LEA), the global supplier of automotive seating systems and electrical power management systems, was initiated with a Sector Perform at RBC Capital.

Mitsubishi Financial (NYSE:MTU) was initiated with Underperform at Jefferies.

Moneygram (NYSE:MGI) was initiated with a Neutral at JP Morgan

New Oriental Education & Technology (NYSE:EDU) was initiated with Outperform at Credit Suisse.

Protalix BioTherapeutics (NYSE:PLX) was initiated with a Buy at Auriga.

RLJ Lodging Trust (NYSE:RLJ) was initiated with a Neutral at Janney Capital Markets.

Syngenta (NYSE:SYT) was initiated with a Buy at Jefferies.

Tenneco (NYSE:TEN), the manufacturer and distributor of emission control and ride control products and systems, was initiated with a Top Pick at RBC Capital.

 The Medicines Co. (NASDAQ:MDCO) was initiated with a Buy at Auriga.