New Ratings

Published on Friday, 21 September 2012 07:44 Written by Danny Miller

New York, September 21^st (TradersHuddle.com) – Following are some of the new analyst ratings before the market open.

Research Firms Initiate:

Automatic Data Processing (NYSE: ADP) was initiated with Outperform at BMO Capital.

CECO Environmental (NASDAQ: CECE) was initiated with Outperform at JMP Securities.

EMC Corp. (NYSE: EMC) was initiated with a Buy at Jefferies.

Esterline Technologies (NYSE: ESL) was initiated with a Neutral at Bank of America Merrill.

Finisar (NASDAQ: FNSR) was initiated with a Buy at Janney Capital Markets.

GasLog (NYSE: GLOG) was initiated with a Buy at Jefferies.

Golar LNG (NASDAQ: GLNG) was initiated with a Buy at Jefferies.

International Business Machines (NYSE: IBM) was initiated with a Hold at Jefferies.

NetApp (NASDAQ: NTAP) was initiated with a Hold at Jefferies.

NETGEAR (NASDAQ: NTGR) was initiated with a Neutral at Sterne Agee.

Nordstrom (NYSE: JWN) was initiated with Outperform at William Blair.

Paychex (NASDAQ: PAYX) was initiated with Market Perform at BMO Capital.

TD Ameritrade (NASDAQ: AMTD) was initiated with a Buy and a target price of $19 at Sterne Agee.

Vical (NASDAQ: VICL) was initiated with a Buy at Canaccord Genuity.