Friday, August 12, 2011

Nucor (NUE) (X) (ZX) (AKS) (BTX) (STLD) Get New Coverage

Coverage was initiated on Nucor Co. (NYSE: NUE), U.S. Steel (NYSE: X), China Zenix Auto International (NYSE: ZX), AK Steel Holding Co. (NYSE: AKS), BioTime Inc. (NYSE: BTX) and Steel Dynamics, Inc. (NASDAQ: STLD).

UBS AG (NYSE:UBS) initiated coverage on U.S. Steel (X). They placed a “Buy” rating and a price target of $38.00 on the company.

William Blair initiated coverage on China Zenix Auto International (ZX). They placed an “Outperform” rating on the company.

UBS AG initiated coverage on AK Steel Holding Co. (AKS). They placed a “Buy” rating and a price target of $12.00 on the company.

UBS AG initiated coverage on Nucor Co. (NUE). They placed a “Neutral” rating and a price target of $35.00 on the company.

WBB Securities initiated coverage on BioTime Inc. (BTX). They placed a “Speculative Buy” rating and a price target of $6.00 on the company.

UBS AG initiated coverage on Steel Dynamics, Inc. (STLD). They placed a “Neutral” rating and a price target of $13.00 on the company.

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