Wednesday, November 9, 2011

Deere (DE) (XYL) (CYN) (FII) (FITB) (FMER) Get New Coverage

Deere & Company (NYSE: DE), Xylem (NYSE: XYL), City National Co. (NYSE: CYN), Fed Investors (NYSE: FII), Fifth Third Bancorp (NASDAQ: FITB) and FirstMerit Co. (NASDAQ: FMER) getting new coverage from analysts.

Janney Montgomery Scott initiated coverage on Deere & Company (DE). They placed a “Neutral” rating on the company.

Wedbush initiated coverage on Xylem (XYL). They placed an “Outperform” rating on the company.

UBS AG (NYSE:UBS) initiated coverage on City National Co. (CYN). They placed a “Buy” rating and a price target of $54.00 on the company.

Morgan Stanley (NYSE:MS) initiated coverage on Fed Investors (FII). They placed an “Underweight” rating on the company.

UBS AG initiated coverage on Fifth Third Bancorp (FITB). They placed a “Buy” rating and a price target of $15.00 on the company.

UBS AG initiated coverage on FirstMerit Co. (FMER). They placed a “Buy” rating and a price target of $19.00 on the company.

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