New Ratings (AER, AIR, AYR, AVD, BG, CLF, GLW, DEPO, FDX, MRVL, NOV, UBNT, UPS, PANL, ZNGA)

Published on Friday, 06 January 2012 10:49 Written by Danny Miller

New York, January 6^th (TradersHuddle.com) – Following are some of the new analyst ratings before the market open.

Research Firms Initiate:

AerCap (NYSE:AER) was initiated with Equal Weight at Morgan Stanley.

Air Lease (NYSE:AIR) was initiated with Overweight at Morgan Stanley.

Aircastle (NYSE:AYR) was initiated with Equal Weight at Morgan Stanley.

American Vanguard (NYSE:AVD) was initiated with Overweight at Piper Jaffray.

Bunge (NYSE:BG), the integrated global agribusiness firm, was initiated with a Neutral at Piper Jaffray.

Cliffs Natural Resources (NYSE:CLF) was initiated with Outperform at RBC Capital.

Corning (NYSE:GLW), the LCD and optical fiber maker, was initiated with a Hold at KeyBanc Capital Markets.

DepoMed (NASDAQ:DEPO) was initiated with a Buy at ThinkEquity.

FedEx (NYSE:FDX) was initiated with Outperform at Wells Fargo.

Marvell (NASDAQ:MRVL), the chipmaker, was initiated with a Buy and a target price of $17 at Mizuho.

National Oilwell Varco (NYSE:NOV) was initiated with Outperform at Bernstein.

Ubiquiti Networks (NASDAQ:UBNT) was initiated with a Buy and a target price of $25 at Wunderlich.

United Parcel Services (NYSE:UPS) was initiated with a Market Perform at Wells Fargo.

Universal Display (NASDAQ:PANL) was initiated with a Buy and a target price of $45 at KeyBanc Capital Markets.

Zynga (NASDAQ:ZNGA), the social gaming developer, was initiated with a Neutral at Macquarie.