Thursday, August 4, 2011

Yandex (YNDX) (ACN) (RLOC) (KIOR) Get New Coverage

Yandex (NASDAQ: YNDX), Accenture Plc (NYSE: ACN), ReachLocal Inc. (NASDAQ: RLOC) an Kior (NASDAQ: KIOR) getting new coverage.

BMO Capital Markets initiated coverage on Accenture Plc (ACN). They placed a “Market Perform” rating and a price target of $70.00 on the company.

Citigroup (NYSE:C) initiated coverage on KiOR Inc. (KIOR). They placed a “Buy” rating and a price target of $21.00 on the company.

Needham & Company initiated coverage on ReachLocal Inc. (RLOC). They placed a “Buy” rating and a price target of $25.00 on the company.

JPMorgan Chase & Co. (NYSE:JPM) initiated coverage on Yandex (YNDX). They placed an “Overweight” rating on the company.

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