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Thursday, November 3, 2011

Caterpillar (CAT) (OMG) (P) (SPIL) (ASX) (BLTI) (CMP) Get New Coverage

Caterpillar Inc. (NYSE: CAT), OM Group Inc (NYSE: OMG), Pandora Media (NYSE: P), Siliconware Precision (NASDAQ: SPIL), Advanced Semiconductor Engineering Inc. (NYSE: ASX), Biolase Technology (NASDAQ: BLTI) and Compass Minerals International, Inc. (NYSE: CMP) getting new coverage from analysts.

KeyBanc initiated coverage on OM Group Inc. (OMG). They placed a “Hold” rating on the company.

BMO Capital Markets initiated coverage on Pandora Media (P). They placed an “Outperform” rating on the company.

Jefferies (NYSE:JEF) initiated coverage on Siliconware Precision (SPIL). They placed an “Underperform” rating on the company.

Jefferies initiated coverage on Advanced Semiconductor Engineering Inc. (ASX). They placed a “Hold” rating on the company.

Ascendiant Capital Markets initiated coverage on Biolase Technology (BLTI). They placed a “Neutral” rating on the company.

Morgan Stanley (NYSE:MS) initiated coverage on Caterpillar Inc. (CAT). They placed an “Overweight” rating and a price target of $125.00 on the company. They cited valuation as the catalyst behind the call.

KeyBanc initiated coverage on Compass Minerals International, Inc. (CMP). They placed a “Hold” rating on the company.

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