Wednesday, August 17, 2011

Priceline (PCLN) (POWL) (SAP) (SFSF) (STZ) (ULTI) Get New Coverage

Priceline (NASDAQ: PCLN), Powell Industries (NASDAQ: POWL), SAP Aktiengesellschaft (NYSE: SAP), SuccessFactors, Inc. (NASDAQ: SFSF), Constellation Brands, Inc. (NYSE: STZ) and The Ultimate Software Group, Inc. (NASDAQ: ULTI) getting new analyst coverage.

Nomura initiated coverage on Priceline (PCLN). They placed a “Reduce” rating on the company.

Stifel Nicolaus initiated coverage on Powell Industries (POWL). They placed a “Buy” rating and a price target of $53.00 on the company.

Morgan Keegan initiated coverage on SAP Aktiengesellschaft (SAP). They placed a “Market Perform” rating on the company.

Morgan Keegan initiated coverage on SuccessFactors, Inc. (SFSF). They placed an “Outperform” rating and a price target $33.00 on the company.

Capstone initiated coverage on Constellation Brands, Inc. (STZ). They placed a “Buy” rating on the company.

Morgan Keegan initiated coverage on The Ultimate Software Group, Inc. (ULTI). They placed an “Outperform” rating and a price target of $65.00 on the company.

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