New York, January 9th (TradersHuddle.com) – Pre-market new initiations and ratings.
Fusion-io (NYSE:FIO) was initiated with Overweight at Piper Jaffray.
Pandora Media (NYSE:P), the Internet radio provider, was initiated with a Buy and a target price of $13 at Needham.
Manning & Napier (NYSE:MN) was initiated with a Buy and a target price of $15 at Needham.
OCZ Technology Group (NASDAQ:OCZ) was initiated with Overweight and a target price of $16 at Piper Jaffray.
ARM Holdings (NASDAQ:ARMH), the licensor of technology designs to semiconductor companies, was initiated with Underperform at Bernstein.
RAM Energy Resources (NASDAQ:RAM) was initiated with Outperform at BMO Capital.
Cott Corporation (NYSE:COT) was initiated with a Buy at Deutsche Bank.
PVH Corp. (NYSE:PVH), the multi-brand apparel maker, was initiated with a Buy at Sterne Agee.
Exelis (NYSE:XLS) was initiated with a Sector Perform at RBC Capital.
Microchip Technology (NASDAQ:MCHP), the maker of microcontrollers and related mixed-signal and memory products, was initiated with a Sector Perform at Pacific Crest.