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Wednesday, November 2, 2011

AngloGold (AU) (TAM) (TSO) (UFCS) (CAE) (CPA) Get New Coverage

AngloGold Ashanti (NYSE: AU), TAM S.A. (NYSE: TAM), Tesoro Co. (NYSE: TSO), United Fire & Casualty (NASDAQ: UFCS), CAE, Inc. (NYSE: CAE) and Copa Holdings (NYSE: CPA) getting new coverage from analysts.

Deutsche Bank (NYSE:DB) initiated coverage on AngloGold Ashanti (AU). They placed a “Buy” rating on the company.

Barclays Capital initiated coverage on TAM S.A. (TAM). They placed an “Underweight” rating on the company.

Global Hunter Securities initiated coverage on Tesoro Co. (TSO). They placed a “Buy” rating and a price target of $40.00 on the company.

Keefe, Bruyette & Woods, Inc. initiated coverage on United Fire & Casualty (UFCS). They placed a “Market Perform” rating on the company.

Scotia Capital initiated coverage on CAE, Inc. (CAE). They placed an “Outperform” rating on the company.

Barclays Capital initiated coverage on Copa Holdings (CPA). They placed an “Equal Weight” rating on the company.

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