Wednesday, August 17, 2011

Oracle (ORCL) (WG) (BRO) (CNQR) (CRM) (ECYT) Get New Coverage

Oracle (NASDAQ: ORCL), Willbros Group, Inc. (NYSE: WG), Brown & Brown Inc. (NYSE: BRO), Concur Technologies, Inc. (NASDAQ: CNQR), Salesforce.com (NYSE: CRM) and Endocyte (NASDAQ: ECYT) getting new coverage from analysts.

Stifel Nicolaus initiated coverage on Willbros Group, Inc. (WG). They placed a “Buy” rating and a price target of $9.00 on the company.

Macquarie initiated coverage on Brown & Brown Inc. (BRO). They placed a “Neutral” rating on the company.

Morgan Keegan initiated coverage on Oracle (NASDAQ: ORCL). They placed an “Outperform” rating and a price target of $33.00 on the company.

Morgan Keegan initiated coverage on Concur Technologies, Inc. (CNQR). They placed a “Market Perform” rating and a price target of $42.00 on the company.

Morgan Keegan initiated coverage on Salesforce.com (CRM). They placed an “Outperform” rating and a price target of $165.00 on the company.

Cowen initiated coverage on Endocyte (ECYT). They placed an “Outperform” rating on the company.

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