Tuesday, November 8, 2011

Groupon (GRPN) (ADM) (FLT) (HERO) (IACI) (MYL) Get New Coverage

Groupon (NASDAQ: GRPN), Archer Daniels Midland (NYSE: ADM), FleetCor Technologies, Inc. (NYSE: FLT), Hercules Offshore, Inc. (NASDAQ: HERO), InterActiveCorp (NASDAQ: IACI) and Mylan Inc. (NYSE: MYL) had new coverage initiated on them by analysts.

Benchmark Co. initiated coverage on Groupon (GRPN). They placed a “Buy” rating and a price target of $32.00 on the company.

Ticonderoga initiated coverage on Archer Daniels Midland (ADM). The analysts placed a “neutral” rating on the stock.

Citigroup (NYSE:C) initiated coverage on FleetCor Technologies, Inc. (FLT). They placed a “Neutral” rating and a price target of $30.00 on the company.

Dahlman Rose initiated coverage on Hercules Offshore, Inc. (HERO). They placed a “Hold” rating on the company.

Needham & Company initiated coverage on InterActiveCorp (IACI). They placed a “Hold” rating on the company.

Leerink initiated coverage on Mylan Inc. (MYL). They placed a “Market Perform” rating on the company.

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