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Monday, December 19, 2011

Thoratec (THOR) (TW) (USB) (BK) (BRCD) (CMI) Get New Coverage

Thoratec (NASDAQ: THOR), Towers Watson and Co. (NYSE: TW), US Bancorp (NYSE: USB), Bank of New York Mellon (NYSE: BK), Brocade Communications Systems, Inc. (NASDAQ: BRCD) and Cummins (NYSE: CMI) getting new coverage from analysts.

Goldman Sachs (NYSE:GS) initiated coverage on Thoratec (THOR). They placed a “Neutral” rating on the company.

Raymond James (NYSE:RJF) initiated coverage on Towers Watson and Co. (TW). They placed an “Outperform” rating on the company.

UBS AG (NYSE:UBS) initiated coverage on US Bancorp (USB). They placed a “buy” rating on the company.

UBS AG initiated coverage on Bank of New York Mellon (BK). They placed a “Neutral” rating on the company.

Wedbush initiated coverage on Brocade Communications Systems, Inc. (BRCD). They placed a “Neutral” rating on the company.

Standpoint Research initiated coverage on Cummins (CMI). They placed a “Buy” rating and a price target of $110.00 on the company.

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