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Wednesday, August 31, 2011

Suncoke (SXC) (TKLC) (ARLP) (STO) (BRY) (SNN) Get New Coverage

Suncoke Energy Inc (NYSE: SXC), Tekelec (NASDAQ: TKLC), Alliance Resource (NASDAQ: ARLP), Statoil (NYSE: STO), Berry Petroleum Comp (NYSE: BRY) and Smith & Nephew (NYSE: SNN) getting new analyst coverage.

Credit Suisse (NYSE:CS) initiated coverage on Suncoke Energy Inc (SXC). They placed an “Outperform” rating and a price target $19.00 on the company.

Northland Securities initiated coverage on Tekelec (TKLC). They placed a “Market Perform” rating and a price target of $8.50 on the company.

JPMorgan Chase & Co. (NYSE:JPM) initiated coverage on Alliance Resource (ARLP). The placed an “Overweight” rating and a price target of $82.00 on the company.

Howard Weil initiated coverage on Statoil (STO). They placed a “Market Perform” rating and a price target of $26.00 on the company.

RBC Capital initiated coverage on Berry Petroleum (BRY). They placed an “Outperform” rating and a price target $67.00 on the company.

Deutsche Bank (NYSE:DB) initiated coverage on Smith & Nephew (SNN). They placed a “Buy” rating on the company.

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