Wal-Mart (WMT) (COST) (FRED) (ITMN) (JCP) Get New Coverage

Wal-Mart Stores Inc (NYSE: WMT), Costco (NASDAQ: COST), Fred’s (NASDAQ: FRED), InterMune, Inc. (NASDAQ: ITMN) and J.C. Penney Company, Inc. (NYSE: JCP) get new coverage from analysts.

Deutsche Bank (NYSE:DB) initiated coverage on Wal-Mart Stores Inc (WMT). They placed a “Sell” rating and a price target of $48.00 on the company.

Deutsche Bank initiated coverage on Costco (COST). They placed a “Buy” rating and a price target of $89.00 on the company.

Deutsche Bank initiated coverage on Fred’s (FRED). They placed a “Sell” rating and a price target of $9.00 on the company.

Credit Suisse (NYSE:CS) initiated coverage on InterMune, Inc. (ITMN). They placed an “Outperform” rating and a price target of $37.00 on the company.

Deutsche Bank initiated coverage on J.C. Penney Company, Inc. (JCP). They placed a “Sell” rating and a price target of $22.00 on the company.