Monday, December 5, 2011

Ariba (ARBA) (ULTI) (URBN) (UTIW) (AMT) (ANTH) Get New Coverage

Ariba, Inc. (NASDAQ: ARBA), The Ultimate Software Group, Inc. (NASDAQ: ULTI), Urban Outfitters, Inc. (NASDAQ: URBN), UTi Worldwide Inc. (NASDAQ: UTIW), American Tower Corporation (NYSE: AMT) and Anthera Pharmaceuticals, Inc. (NASDAQ: ANTH) getting new coverage from analysts.

Goldman Sachs (NYSE:GS) initiated coverage on The Ultimate Software Group, Inc. (ULTI). They placed a “Sell” rating on the company.

Wells Fargo & Co. (NYSE:WFC) initiated coverage on Urban Outfitters, Inc. (URBN). They placed a “Market Perform” rating on the company.

Lazard Capital initiated coverage on UTi Worldwide Inc. (UTIW). They placed a “Buy” rating and a price target of $19.00 on the company.

Macquarie initiated coverage on American Tower Corporation (AMT). They placed an “Outperform” rating on the company.

Collins Stewart initiated coverage on Anthera Pharmaceuticals, Inc. (ANTH). They placed a “Buy” rating and a price target of $13.00 on the company.

Goldman Sachs initiated coverage on Ariba, Inc. (ARBA). They placed a “Neutral” rating on the company.

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