Tuesday, December 6, 2011

Vulcan (VMC) (VRA) (WRES) (ADTN) (ALB) (ALK) Ratings, Price Targets

Vulcan Materials Company (VMC), Vera Bradley, Inc. (VRA), Warren Resources, Inc. (WRES), ADTRAN, Inc. (ADTN), Albemarle Co. (ALB) and Alaska Air (ALK) ratings and price targets.

Sterne Agee initiated coverage on Vulcan Materials Company (VMC). They placed a “Neutral” rating on the company.

Jefferies (NYSE:JEF) reiterated its “Buy” rating on Vera Bradley, Inc. (VRA). They have a price target of $50.00 on the company.

Brean Murray initiated coverage on Warren Resources, Inc. (WRES). They placed a “Buy” rating and a price target of $4.50 on the company.

Goldman Sachs (NYSE:GS) downgraded ADTRAN, Inc. (ADTN) from a “Neutral” rating to a “Sell” rating. They have a price target of $29.00 on the company.

Sterne Agee initiated coverage on Albemarle Co. (ALB). They placed a “Buy” rating and a price target of $65.00 on the company.

Raymond James (NYSE:RJF) initiated coverage on Alaska Air (ALK). They placed a “Market Perform” rating on the company.

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