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Tuesday, November 22, 2011

Sunoco (SUN) (ALLT) (AMAG) (AMNB) (FES) (HOS) (KW) Get New Coverage

Sunoco Incorporated (NYSE: SUN), Allot Communications Ltd. (NASDAQ: ALLT), AMAG Pharmaceuticals, Inc. (NASDAQ: AMAG), American National Bankshares Inc. (NASDAQ: AMNB), Forbes Energy Services Ltd (NYSE: FES), Hornbeck Offshore (NYSE: HOS) and Kennedy-Wilson Holdings (NYSE: KW) getting new coverage from analysts.

Tudor Pickering initiated coverage on Sunoco Incorporated (SUN). They placed a “Buy” rating on the company.

Bank of America (NYSE:BAC) initiated coverage on Allot Communications Ltd. (ALLT). They placed a “Buy” rating and a price target of $19.50 on the company.

Morgan Stanley (NYSE:MS) initiated coverage on AMAG Pharmaceuticals, Inc. (AMAG). They placed an “Equal Weight” rating and a price target of $15.00 on the company.

Keefe, Bruyette & Woods, Inc. initiated coverage on American National Bankshares Inc. (AMNB). They placed a “Market Perform” rating on the company.

Canaccord Genuity initiated coverage on Forbes Energy Services Ltd (FES). They placed a “Buy” rating on the company.

Wells Fargo & Co. (NYSE:WFC) initiated coverage on Hornbeck Offshore (HOS). They placed an “Outperform” rating on the company.

Bank of America initiated coverage on Kennedy-Wilson Holdings (KW). They placed a “Buy” rating and a price target of $13.00 on the company.

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