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Monday, October 31, 2011

Lowe’s (LOW) (KSS) (M) (ODP) (ORLY) (PEP) Get New Coverage

Lowe’s (NYSE: LOW), Kohls Corp (NYSE: KSS), Macy’s (NYSE: M), Office Depot, Inc. (NYSE: ODP), O’Reilly Automotive, Inc. (NASDAQ: ORLY) and PepsiCo, Inc. (NYSE: PEP) getting new coverage from analysts.

Morgan Stanley (NYSE:MS) initiated coverage on Lowe’s (LOW). They placed an “Underweight” rating on the company.

Nomura initiated coverage on Kohls Corp. (KSS). They placed a “Neutral” rating on the company.

Nomura initiated coverage on Macy’s (M). They placed a “Buy” rating on the company.

Morgan Stanley initiated coverage on Office Depot, Inc. (ODP). They placed an “Equal Weight” rating on the company.

Morgan Stanley initiated coverage on O’Reilly Automotive, Inc. (ORLY). They placed an “Overweight” rating on the company.

Deutsche Bank (NYSE:DB) initiated coverage on PepsiCo, Inc. (PEP). They placed a “Buy” rating and a price target of $70.00 on the company.

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