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Wednesday, November 30, 2011

FMC (FTI) (NR) (NVLS) (DVR) (ESC) (FEIC) Get New Coverage

FMC Tech (NYSE: FTI), Newpark Resources, Inc. (NYSE: NR), Novellus Systems, Inc. (NASDAQ: NVLS), Cal Dive International, Inc. (NYSE: DVR), Emeritus Co. (NYSE: ESC) and FEI (NASDAQ: FEIC) getting new coverage from analysts.

Jefferies (NYSE:JEF) initiated coverage on FMC Tech (FTI). They placed a “Hold” rating on the company.

Canaccord Genuity initiated coverage on Newpark Resources, Inc. (NR). They placed a “Hold” rating and a price target of $10.00 on the company.

Deutsche Bank (NYSE:DB) initiated coverage on Novellus Systems, Inc. (NVLS). They placed a “Hold” rating and a price target of $33.00 on the company.

Jefferies initiated coverage on Cal Dive International, Inc. (DVR). They placed a “Buy” rating on the company.

JMP Securities initiated coverage on Emeritus Co. (ESC). They placed an “Outperform” rating and a price target of $20.00 on the company.

Dougherty & Co. initiated coverage on FEI (FEIC). They placed a “Buy” rating and a price target of $49.00 on the company.

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