Thursday, August 18, 2011

Alcoa (AA) (YMI) (CRM) (EXEL) (GCO) (HS) Get New Coverage

Alcoa Inc. (NYSE: AA), YM BioSciences Inc. (NYSE: YMI), Salesforce.com (NYSE: CRM), Exelixis, Inc. (NASDAQ: EXEL), Genesco Inc (NYSE: GCO) and HealthSpring, Inc. (NYSE: HS) getting new analyst coverage.

Collins Stewart initiated coverage on YM BioSciences Inc. (YMI). They placed a “Buy” rating and a price target of $4.00 on the company.

CRT Capital initiated coverage on Alcoa Inc. (AA). They placed a “Buy” rating on the company.

Sanford C. Bernstein initiated coverage on Salesforce.com (CRM). They placed an “Underperform” rating on the company.

Stifel Nicolaus initiated coverage on Exelixis, Inc. (EXEL). They placed a “Hold” rating and a price target of $8.00 on the company.

Avondale Partners initiated coverage on Genesco Inc. (GCO). They placed an “Outperform” rating and a price target of $55.00 on the company.

Wells Fargo & Co. (NYSE:WFC) initiated coverage on HealthSpring, Inc (HS). They placed an “Outperform” rating on the company.

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