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Friday, November 18, 2011

Veeco (VECO) (UTX) (BTE) (VIV) (BC) (BRCD) Ratings, Price Targets

Veeco Instruments Inc. (VECO), United Technologies Co. (UTX), Baytex Energy Corp. (BTE), Vivo Participacoes SA (VIV), Brunswick Co. (BC) and Brocade Communications Systems, Inc. (BRCD) ratings and price targets.

Deutsche Bank (NYSE:DB) reiterated its “Buy” on United Technologies Co. (UTX). They have a price target of $91.00 on the company.

Barclays Capital initiated coverage on Baytex Energy Corp. (BTE). They placed an “Overweight” rating on the company.

Goldman Sachs (NYSE:GS) initiated coverage on Veeco Instruments Inc. (VECO). They placed a “Neutral” rating on the company.

Sanford C. Bernstein initiated coverage on Vivo Participacoes SA (VIV). They placed a “Market Perform” rating on the company.

BMO Capital Markets initiated coverage on Brunswick Co. (BC). They placed a “Market Perform” rating on the company.

Piper Jaffray (NYSE:PJC) reiterated its “Neutral” on Brocade Communications Systems, Inc. (BRCD). They have a price target of $4.00 on the company.

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