Wednesday, May 18, 2011

Coverage on (GNC) (TLLP) (UNP) (UPS) Initiated

Coverage on shares of GNC Corp. (NYSE: GNC), Tesoro Logistics LP (NASDAQ: TLLP), Union Pacific (NYSE: UNP) and United Parcel Service, Inc. (NYSE: UPS) was initiated by analysts.

Goldman Sachs (NYSE:GS) initiated coverage on GNC Corp. (GNC). They placed a “neutral” rating and a price target of $22.00 on the company. They cited valuation as the catalyst behind the call.

Morgan Stanley (NYSE:MS) initiated coverage on GNC Corp. (GNC). They placed an “overweight” rating and a price target of $23.00 on the company.

Oppenheimer initiated coverage on Tesoro Logistics LP (TLLP). They placed an “outperform” rating and a price target of $30.00 on the company.

Sanford C. Bernstein initiated coverage on Union Pacific (UNP). They placed a “market perform” rating and a price target of $105.00 on the company.

Sanford C. Bernstein initiated coverage on United Parcel Service, Inc. (UPS). They placed an “outperform” rating and a price target of $88.00 on the company.

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