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Tuesday, November 15, 2011

Covance (CVD) (BLTI) (BPAX) (CPGI) (CRL) (JCP) Ratings, Price Targets

Covance Inc. (CVD), Biolase Technology (BLTI), BioSante Pharmaceuticals, Inc. (BPAX), China Packaging Group (CPGI), Charles River Laboratories (CRL) and J.C. Penney Company, Inc. (NYSE: JCP) ratings and price targets.

Sterne Agee initiated coverage on Covance Inc. (CVD). They placed a “Buy” rating and a price target of $59.00 on the company.

Rodman & Renshaw reiterated its “Outperform” rating on Biolase Technology (BLTI). They have a price target of $5.50 on the company.

Jefferies (NYSE:JEF) initiated coverage on BioSante Pharmaceuticals, Inc. (BPAX). They placed a “Buy” rating and a price target of $5.00 on the company.

Oppenheimer reiterated its “Market Perform” rating on China Packaging Group (CPGI).

Sterne Agee initiated coverage on Charles River Laboratories (CRL). They placed a “Buy” rating and a price target of $43.00 on the company.

J.C. Penney Company, Inc. (JCP) was given a reiterated “Neutral” by Piper Jaffray (NYSE:PJC). They have a price target of $29.00 on the company.

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