Monday, May 16, 2011

Coverage on (KEG) (KWR) (RES) (TZYM) (WX) Initiated

Coverage on Key Energy (NYSE: KEG), Quaker Chemical Co. (NYSE: KWR), RPC, Inc (NYSE: RES), Tranzyme Inc (NASDAQ: TZYM) and WuXi PharmaTech (NYSE: WX) was initiated by analysts.

Global Hunter Securities initiated coverage on Key Energy (KEG). They placed a “buy” rating and a price target of $24.00 on the company.

Jefferies (NYSE:JEF) initiated coverage on Quaker Chemical Co. (KWR). They placed a “buy” rating and a price target of $49.00 on the company.

Global Hunter Securities initiated coverage on RPC, Inc (RES). They placed a “neutral” rating and a price target of $27.00 on the company.

Canaccord Genuity initiated coverage on Tranzyme Inc (TZYM). They placed a “buy” rating on the company.

Credit Agricole initiated coverage on WuXi PharmaTech (WX). They placed a “buy” rating on the company.

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