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Friday, November 4, 2011

EMC (EMC) (FCX) (FTNT) (HPQ) (IBM) Get New Coverage

EMC Corp. (NYSE: EMC), Freeport McMoRan Copper and Gold Inc. (NYSE: FCX), Fortinet, Inc. (NASDAQ: FTNT), Hewlett-Packard (NYSE: HPQ) and IBM (NYSE: IBM) getting new coverage from analysts.

Evercore Partners initiated coverage on EMC Corp. (EMC). They placed an “Equal Weight” rating and a price target of $33.00 on the company.

Barclays Capital initiated coverage on Freeport McMoRan Copper and Gold Inc. (FCX). They placed an “Overweight” rating and a price target of $63.00 on the company.

UBS AG (NYSE:UBS) initiated coverage on Fortinet, Inc. (FTNT). They placed a “Neutral” rating and a price target of $24.00 on the company.

Evercore Partners initiated coverage on Hewlett-Packard (HPQ). They placed an “Underweight” rating and a price target of $29.00 on the company.

Evercore Partners initiated coverage on IBM (IBM). They placed an “Overweight” rating and a price target of $210.00 on the company.

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