Wednesday, November 2, 2011

Valero (VLO) (ARUN) (WNR) (ARMH) (XYL) (ALJ) Get New Coverage

Valero Energy Co. (NYSE: VLO), Aruba Networks, Inc. (NASDAQ: ARUN), Western Refining, Inc. (NYSE: WNR), ARM Holdings plc (NASDAQ: ARMH), Xylem (NYSE: XYL) and Alon USA Energy, Inc. (NYSE: ALJ) getting new coverage from analysts.

Global Hunter Securities initiated coverage on Valero Energy Co. (VLO). They placed an “Accumulate” rating and a price target of $33.00 on the company.

Deutsche Bank (NYSE:DB) initiated coverage on Aruba Networks, Inc. (ARUN). They placed a “hold” rating and a price target of $27.00 on the company.

Global Hunter Securities initiated coverage on Western Refining, Inc. (WNR). They placed a “Neutral” rating on the company.

Canaccord Genuity initiated coverage on ARM Holdings plc (ARMH). They placed a “Hold” rating on the company.

Robert W. Baird initiated coverage on Xylem (XYL). They placed a “Neutral” rating and a price target of $29.00 on the company.

Global Hunter Securities initiated coverage on Alon USA Energy, Inc. (ALJ). They placed a “Neutral” rating on the company.

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