New Analyst Coverage

PCXNew York, May 16th (TradersHuddle.com) - Pre-market new initiations and ratings.

 

Xylem (NYSE:XYL) was initiated with Overweight at Atlantic Equities.

 

TCP Capital (NASDAQ:TCPC) was initiated with a Buy at Deutsche Bank.

 

Solazyme (NASDAQ:SZYM) was initiated with Outperform at Credit Suisse.

 

LSI Logic (NYSE:LSI) was initiated with Outperform at Pacific Crest.

 

Patriot Coal (NYSE:PCX) was initiated with Underperform and a target price of $2.50 at Imperial Capital.

 

ReachLocal (NASDAQ:RLOC) was initiated with Outperform and a target price of $12 at Imperial Capital.

Stock Market

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o Dow Jones 17,416.85 ▲225.48 (1.31%)
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o NASDAQ 4,683.41 ▲45.41 (0.98%)
INDEXDJX:.DJI

Dow Jones

Company ID [INDEXDJX:.DJI] Last trade:17,416.85 Trade time:4:31PM EST Value change:▲225.48 (1.31%)
INDEXSP:.INX

S&P 500

Company ID [INDEXSP:.INX] Last trade:2,021.25 Trade time:4:31PM EST Value change:▲19.09 (0.95%)
INDEXNASDAQ:.IXIC

NASDAQ

Company ID [INDEXNASDAQ:.IXIC] Last trade:4,683.41 Trade time:5:15PM EST Value change:▲45.41 (0.98%)
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