Potash (POT) (PGH) (GRPN) (PGN) (CREE) (ERF) Get New Coverage

Potash Corp. (NYSE: POT), Pengrowth Energy Trust (NYSE: PGH), Groupon (NASDAQ: GRPN), Progress Energy (NYSE: PGN), Cree, Inc. (NASDAQ: CREE) and Enerplus Resources Fund (NYSE: ERF) getting new coverage from analysts.

Lazard Capital initiated coverage on Potash Corp. (POT). They placed a “Buy” rating on the company.

Barclays Capital initiated coverage on Pengrowth Energy Trust (PGH). They placed an “Equal Weight” rating on the company.

Wedbush initiated coverage on Groupon (GRPN). They placed a “Neutral” rating on the company.

Barclays Capital initiated coverage on Progress Energy (PGN). They placed an “Overweight” rating on the company.

Goldman Sachs (NYSE:GS) initiated coverage on Cree, Inc. (CREE). They placed a “Buy” rating and a price target of $40.00 on the company.

Barclays Capital initiated coverage on Enerplus Resources Fund (ERF). They placed an “Underweight” rating on the company.