Thursday, October 13, 2011

Cypress (CY) (DENN) (FRC) (FSL) (GEN) (GTAT) Get New Coverage

Cypress Semi (NYSE: CY), Denny’s (NASDAQ: DENN), First Republic Bank (NYSE: FRC), Freescale Semi (NYSE: FSL), RRI Energy, Inc. (NYSE: GEN) and GT Advanced Technologies, Inc. (NASDAQ: GTAT) getting new coverage from analysts.

RBC Capital initiated coverage on Cypress Semi (CY). They placed an “Outperform” rating and a price target of $23.00 on the company.

B. Riley initiated coverage on Denny’s (DENN). They placed a “Buy” rating and a price target of $5.00 on the company.

Cantor Fitzgerald initiated coverage on First Republic Bank (FRC). They placed a “Buy” rating and a price target of $34.00 on the company.

RBC Capital initiated coverage on Freescale Semi (FSL). They placed a “Sector Perform” rating and a price target of $15.00 on the company.

ISI Group initiated coverage on RRI Energy, Inc. (GEN). They placed a “Hold” rating on the company.

Jefferies (NYSE:JEF) initiated coverage on GT Advanced Technologies, Inc. (GTAT). They placed an “Underperform” rating and a price target of $5.00 on the company.

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