Wednesday, December 7, 2011

Oracle (ORCL) (NVLS) (OI) (OPEN) (PDCO) (PETD) (PKG) Get New Coverage

Oracle (NASDAQ: ORCL), Novellus Systems, Inc. (NASDAQ: NVLS), Owens-Illinois (NYSE: OI), OpenTable Inc. (NASDAQ: OPEN), Patterson Companies Inc. (NASDAQ: PDCO), Petroleum Development Co. (NASDAQ: PETD) and Packaging Co. of America (NYSE: PKG) getting new coverage from analysts.

Credit Agricole initiated coverage on Novellus Systems, Inc. (NVLS). They placed an “Outperform” rating on the company.

Credit Suisse (NYSE:CS) initiated coverage on Owens-Illinois (OI). They placed an “Outperform” rating and a price target of $30.00 on the company.

Piper Jaffray (NYSE:PJC) initiated coverage on OpenTable Inc. (OPEN). They placed a “Neutral” rating and a price target of $38.00 on the company.

Barclays Capital initiated coverage on Oracle (ORCL). They placed an “Overweight” rating on the company.

Deutsche Bank (NYSE:DB) initiated coverage on Patterson Companies Inc. (PDCO). They placed a “Hold” rating and a price target of $31.50 on the company.

Brean Murray initiated coverage on Petroleum Development Co. (PETD). They placed a “Buy” rating and a price target of $46.00 on the company.

Credit Suisse initiated coverage on Packaging Co. of America (PKG). They placed a “Neutral” rating and a price target of $27.00 on the company.

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