Monday, September 12, 2011

Microchip (MCHP) (CRL) (CVD) (KKR) (EXPE) (GSM) (HINKY) Get New Coverage

Microchip Technology Inc. (NASDAQ: MCHP), Charles River Laboratories (NYSE: CRL), Covance Inc. (NYSE: CVD), KKR (NYSE: KKR), Expedia, Inc. (NASDAQ: EXPE), Globe Specialty Metals, Inc. (NYSE: GSM) and Heineken (NASDAQ: HINKY) get new coverage from analysts.

Mizuho initiated coverage on Microchip Technology Inc. (MCHP). They placed a “Neutral” rating on the company.

Citigroup (NYSE:C) initiated coverage on Charles River Laboratories (NYSE: CRL) is now covered by analysts at . The analysts placed a “hold” rating on the company.

Citigroup initiated coverage on Covance Inc. (CVD). They placed a “Buy” rating on the company.

Barclays Capital initiated coverage on KKR (KKR). They placed an “Overweight” rating on the company.

Wedbush initiated coverage on Expedia, Inc. (EXPE). They placed an “Outperform” rating and a price target of $38.00 on the company.

Keybanc initiated coverage on Globe Specialty Metals, Inc. (GSM). They placed a “Hold” rating on the company.

HSBC (NYSE:HBC) initiated coverage on Heineken (HINKY). They placed a “Neutral” rating on the company.

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