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Tuesday, November 29, 2011

NetSpend (NTSP) (AEGN) (AVL) (GDOT) (GRPN) (MGI) (NJR) Get New Coverage

NetSpend (NASDAQ: NTSP), Aegion (NASDAQ: AEGN), Avalon Rare Metals (NYSE: AVL), Green Dot Co. (NASDAQ: GDOT), Groupon (NASDAQ: GRPN), MoneyGram International, Inc. (NYSE: MGI) and New Jersey Resources Co. (NYSE: NJR) getting new coverage from analysts.

Keefe, Bruyette & Woods initiated coverage on NetSpend (NTSP). They placed an “Outperform” rating and a price target of $8.00 on the company.

Ladenburg Thalmann initiated coverage on Aegion (AEGN). They placed a “Neutral” rating and a price target of $30.00 on the company.

Citigroup (NYSE:C) initiated coverage on Avalon Rare Metals (AVL). They placed a “Buy” rating on the company.

Keefe, Bruyette & Woods, Inc. initiated coverage on Green Dot Co. (GDOT). They placed an “Outperform” rating on the company.

Benchmark Co. initiated coverage on Groupon (GRPN). They placed a “Buy” rating on the company.

Bank of America (NYSE:BAC) initiated coverage on MoneyGram International, Inc. (MGI). They placed a “Buy” rating on the company.

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

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