New Analyst Coverage

Published on Tuesday, 24 July 2012 08:12 Written by Danny Miller

New York, July 24^th (TradersHuddle.com) – Following are some of the new analyst ratings before the market open.

Research Firms Initiate:

Akamai Technologies (NASDAQ: AKAM) was initiated with Outperform at William Blair.

Avago Technologies (NASDAQ: AVGO) was initiated with a Buy at Canaccord Genuity.

Burger King (NYSE: BKW) was initiated with a Neutral at Credit Suisse.

HSN Inc. (NASDAQ: HSNI) was initiated with a Market Perform at Wells Fargo.

J. C. Penney (NYSE: JCP) was initiated with Outperform at Oppenheimer and with a Neutral at Atlantic Equities.

Liberty Interactive (NASDAQ: LINTA) was initiated with Market Perform at Wells Fargo.

Magnum Hunter Resources Corp. (NYSE: MHR) was initiated with a Buy at Citigroup.

Prospect Global Resources (NASDAQ: PGRX) was initiated with a Buy and a target price of $5 at Dahlman Rose.

Red Robin Gourmet (NASDAQ: RRGB) was initiated with a Hold and a target price of $33 at Miller Tabak.

ServiceNow Inc (NYSE: NOW) was initiated with a Buy at Citigroup and with Overweight at Barclays, and with a Buy and a target price of $34 at Deutsche Bank.

Unit Corp. (NYSE: UNT) was initiated with a Buy at Brean Murray.