Filed under: Analyst reports, Amazon.com (AMZN), Altria Group (MO), Novell Inc (NOVL), Intuit Inc (INTU), Analyst initiations

MOST NOTEWORTHY: Amazon.com, Altria Group and Skilled Healthcare were today’s noteworthy initiations:

• Canaccord Adams expects Amazon.com (NASDAQ: AMZN) growth to be driven by its expanding international reach, mix shift to third-party revenue, product innovation, and category expansion. The firm initiated shares with a Buy rating and $78 target.
• UBS is positive on Altria’s (NYSE: MO) growth, low likelihood of downward EPS revisions, and best-in-class cash flow distribution; shares were started with a Buy rating.
• Skilled Healthcare (NYSE: SKH) was initiated with an Outperform rating at Morgan Keegan, as they believe nursing home reimbursement risk is already reflected in its valuation.

OTHER INITIATIONS:

• KeyBank assumed Callaway Golf (NYSE: ELY) with a Buy rating and $19 target.
• Credit Suisse initiated Intuit (NASDAQ: INTU) with an Outperform rating and $35 target.
• Broadpoint initiated Novell (NASDAQ: NOVL) with a Buy rating.

Permalink | Email this | Comments

Share This

This entry was posted on Tuesday, March 18th, 2008 at 6:12 pm and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.