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Monday, October 31, 2011

Staples (SPLS) (FOSL) (SPB) (FORR) (SYNT) (DPS) Get New Coverage

Staples, Inc. (NASDAQ: SPLS), Fossil (NASDAQ: FOSL), Spectrum Brands Inc. (NYSE: SPB), Forrester Research, Inc. (NASDAQ: FORR), Syntel, Inc. (NASDAQ: SYNT) and Dr. Pepper Snapple Group Inc. (NYSE: DPS) getting new coverage from analysts.

Morgan Stanley (NYSE:MS) initiated coverage on Staples, Inc. (SPLS). They placed an “Overweight” rating on the company.

Bank of America (NYSE:BAC) initiated coverage on Fossil (FOSL). They placed a “Buy” rating on the company.

Credit Suisse initiated coverage on Spectrum Brands Inc. (SPB). They placed an “outperform” rating and a price target of $35.00 on the company.

Northland Securities initiated coverage on Forrester Research, Inc. (FORR). They placed a “Market Perform” rating on the company.

Kaufman Brothers initiated coverage on Syntel, Inc. (SYNT). They placed a “Hold” rating and a price target of $52.00 on the company.

Deutsche Bank (NYSE:DB) initiated coverage on Dr. Pepper Snapple Group Inc. (DPS). They placed a “Hold” rating on the company.

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