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Tuesday, November 29, 2011

MoneyGram (MGI) (NJR) (NTSP) (PETM) (PVR) (GDOT) Get New Coverage

MoneyGram International, Inc. (NYSE: MGI), New Jersey Resources Co. (NYSE: NJR), NetSpend (NASDAQ: NTSP), Petsmart Inc. (NASDAQ: PETM), Penn Virginia (NYSE: PVR) and Green Dot Co. (NASDAQ: GDOT) getting new coverage from analysts.

Wells Fargo & Co. (NYSE:WFC) initiated coverage on MoneyGram International, Inc. (MGI). They placed an “Outperform” rating on the company.

Brean Murray initiated coverage on New Jersey Resources Co. (NJR). They placed a “Hold” rating on the company.

Keefe, Bruyette & Woods, Inc. initiated coverage on NetSpend (NTSP). They placed an “Outperform” rating on the company.

Needham & Company initiated coverage on Petsmart Inc. (PETM). They placed a “Buy” rating and a price target of $57.00 on the company.

Bank of America (NYSE:BAC) initiated coverage on Penn Virginia (PVR). They placed a “Buy” rating and a price target of $31.00 on the company.

Keefe, Bruyette & Woods initiated coverage on Green Dot Co. (GDOT). They placed an “Outperform” rating and a price target of $36.00 on the company.

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