Analyst’s Initiations ( FIO, P, MN, OCZ, ARMH, RAM, COT, PVH, XLS, MCHP )

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.

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