2013-12-07

Equities Research Analysts’ new coverage for Friday, December 6th:

Scotiabank began coverage on shares of Alvopetro Energy (CVE:ALV). The firm issued a sector perform rating and a C$1.75 price target on the stock.

FBR Capital Markets began coverage on shares of Ashcourt Rowan PLC (LON:ARP). FBR Capital Markets issued an outperform rating on the stock.

Capital Ideas Research started coverage on shares of Progressive Waste Solutions Ltd (TSE:BIN). They issued an outperform rating on the stock.

Imperial Capital started coverage on shares of Progressive Waste Solutions Ltd (TSE:BIN). Imperial Capital issued an outperform rating and a C$31.00 target price on the stock.

Northland Securities began coverage on shares of BroadSoft (NASDAQ:BSFT). The firm issued a market perform rating and a $32.00 price target on the stock.

Morgan Stanley assumed coverage on shares of Caesars Entertainment Corp. (NYSE:CZR). Morgan Stanley issued an equal weight rating and a $4.00 target price on the stock. They noted that the move was a valuation call. The analysts noted that the move was a valuation call.

TheStreet assumed coverage on shares of Caesars Entertainment Corp. (NYSE:CZR). The firm issued a sell rating on the stock.

FIG Partners assumed coverage on shares of DNB Financial Corp. (NASDAQ:DNBF). The firm issued an outperform rating on the stock.

FBR Capital Markets assumed coverage on shares of Halliburton Company (NASDAQ:HAL.F). They issued a market perform rating on the stock.

Sidoti began coverage on shares of Heartland Express (NASDAQ:HTLD). They issued a neutral rating on the stock.

Dundee Securities began coverage on shares of Ivanhoe Mines Ltd (NYSE:IVN). Dundee Securities issued a buy rating on the stock.

Merrill Lynch began coverage on shares of Lexicon Pharmaceuticals (NASDAQ:LXRX). The firm issued an underperform rating on the stock.

Citigroup Inc. began coverage on shares of Marsh & McLennan Cos. (NYSE:MMC). Citigroup Inc. issued a hold rating and a $52.00 target price on the stock. They noted that the move was a valuation call. The analysts noted that the move was a valuation call.

JPMorgan Chase & Co. initiated coverage on shares of Nokia (NYSE:NOK). The firm issued an overweight rating and a $10.80 target price on the stock.

Northland Securities initiated coverage on shares of Sonus Networks (NASDAQ:SONS). The firm issued an outperform rating and a $4.40 target price on the stock.

Stephens initiated coverage on shares of Vocera Communications (NASDAQ:VCRA). Stephens issued an overweight rating on the stock.

FBR Capital Markets assumed coverage on shares of Vantage Drilling Company (NYSEMKT:VTG). The firm issued a market perform rating on the stock.

BMO Capital Markets started coverage on shares of ViXS Systems (TSE:VXS). BMO Capital Markets issued an outperform rating on the stock.

This article (Equities Research Analysts’ New Coverage for December, 6th (ALV, ARP, BIN, BSFT, CZR, DNBF, HAL.F, HTLD, IVN, LXRX)) was originally developed by and is property of American Banking News.

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