Thursday, December 8, 2011

Pandora (P) (PCYC) (PGR) (BSFT) (CINF) (CMA) Get New Coverage

Pandora Media (NYSE: P), Pharmacyclics, Inc. (NASDAQ: PCYC), Progressive (NYSE: PGR), Broadsoft Inc. (NASDAQ: BSFT), Cincinnati Financial (NASDAQ: CINF) and Comerica (NYSE: CMA) getting new coverage from analysts.

Canaccord Genuity initiated coverage on Pandora Media (P). They placed a “Hold” rating and a price target of $13.00 on the company.

Rodman & Renshaw initiated coverage on Pharmacyclics, Inc. (PCYC). They placed an “Outperform” rating and a price target of $20.00 on the company.

Credit Suisse (NYSE:CS) initiated coverage on Progressive (PGR). They placed a “Neutral” rating on the company.

Brigantine initiated coverage on Broadsoft Inc. (BSFT). They placed a “Buy” rating and a price target of $42.50 on the company.

Credit Suisse (NYSE:CS) initiated coverage on Cincinnati Financial (CINF). They placed a “Neutral” rating on the company.

Wunderlich initiated coverage on Comerica (CMA). They placed a “Buy” rating and a price target of $34.00 on the company.

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