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Wednesday, November 16, 2011

Teck (TCK) (SWY) (SYMC) (DE) (FE) (FIRE) Get New Coverage

Teck Resources Limited (NYSE: TCK), Safeway Inc. (NYSE: SWY), Symantec (NASDAQ: SYMC), Deere & Company (NYSE: DE), FirstEnergy Corp. (NYSE: FE) and Sourcefire, Inc. (NASDAQ: FIRE) getting new coverage from analysts.

Dahlman Rose initiated coverage on Teck Resources Limited (TCK). They placed a “Buy” rating and a price target of $47.00 on the company.

JPMorgan Chase & Co. (NYSE:JPM) initiated coverage on Safeway Inc. (SWY). They placed a “Neutral” rating and a price target of $22.00 on the company. They cited valuation as the catalyst behind the call.

ThinkEquity initiated coverage on Symantec (SYMC). They placed a “Buy” rating and a price target of $20.00 on the company.

Morgan Stanley (NYSE:MS) initiated coverage on Deere & Company (DE). They placed an “Underweight” rating and a price target of $74.00 on the company.

UBS AG (NYSE:UBS) initiated coverage on FirstEnergy Corp. (FE). They placed a “Neutral” rating and a price target of $47.00 on the company.

Bank of America (NYSE:BAC) initiated coverage on Sourcefire, Inc. (FIRE). They placed a “Buy” rating and a price target of $36.00 on the company.

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