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Monday, September 26, 2011

Penske (PAG) (OAS) (FEIC) (ORBK) (FIO) Get New Coverage

Penske Automotive (NYSE: PAG), Oasis Petroleum Inc. (NYSE: OAS), FEI (NASDAQ: FEIC), Orbotech Ltd. (NASDAQ: ORBK) and Fusion-Io Inc. (NYSE: FIO) getting new coverage from analysts.

Stifel Nicolaus initiated coverage on Penske Automotive (PAG). They placed a “Buy” rating and a price target of $25.00 on the company.

Ticonderoga initiated coverage on FEI (FEIC). They placed a “Buy” rating and a price target of $42.00 on the company.

Oppenheimer initiated coverage on Orbotech Ltd. (ORBK). They placed an “Outperform” rating and a price target of $16.00 on the company.

Stifel Nicolaus initiated coverage on Fusion-Io Inc. (FIO). They placed a “Buy” rating and a price target of $27.00 on the company.

Jefferies (NYSE:JEF) initiated coverage on Oasis Petroleum Inc. (OAS). They placed a “Buy” rating and a price target of $36.00 on the company.

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