Wednesday, December 21, 2011

Hanmi (HAFC) (HBNC) (LLY) (LTD) (MDT) (MS) Get New Coverage

Hanmi Financial Corp. (NASDAQ: HAFC), Horizon Bancorp (NASDAQ: HBNC), Eli Lilly & Co. (NYSE: LLY), Limited Brands (NYSE: LTD), Medtronic, Inc. (NYSE: MDT) and Morgan Stanley (NYSE: MS) getting new coverage from analysts.

FBR Capital initiated coverage on Hanmi Financial Corp. (HAFC). They placed an “Outperform” rating and a price target of $12.80 on the company.

Sandler O'Neill initiated coverage on Horizon Bancorp (HBNC). They placed a “Buy” rating on the company.

MKM Partners initiated coverage on Eli Lilly & Co. (LLY). They placed a “Sell” rating and a price target of $33.00 on the company.

Collins Stewart initiated coverage on Limited Brands (LTD). They placed a “Neutral” rating and a price target of $42.00 on the company.

Susquehanna initiated coverage on Medtronic, Inc. (MDT). They placed a “Neutral” rating and a price target of $40.00 on the company.

Evercore Partners initiated coverage on Morgan Stanley (MS). They placed an “Equal Weight” rating on the company.

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