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Tuesday, January 10, 2012

EMC (EMC) (P) (PVH) (RAM) (FIO) (MCHP) Get New Coverage

EMC Corp. (NYSE: EMC), Pandora Media (NYSE: P), Phillips-Van Heusen (NYSE: PVH), RAM Energy Resources (NYSE: RAM), Fusion-Io Inc. (NYSE: FIO) and Microchip Technology Inc. (NASDAQ: MCHP) getting new coverage from analysts.

Needham & Company initiated coverage on Pandora Media (P). They placed a “Buy” rating and a price target $13.00 on the company.

Sterne Agee initiated coverage on Phillips-Van Heusen (PVH). They placed a “Buy” rating on the company.

BMO Capital Markets initiated coverage on RAM Energy Resources (RAM). They placed an “Outperform” rating on the company.

Hilliard Lyons initiated coverage on EMC Corp. (EMC). They placed a “Long-Term Buy” rating and a price target of $31.00 on the company.

Piper Jaffray (NYSE:PJC) initiated coverage on Fusion-Io Inc. (FIO). They placed an “Overweight” rating on the company.

Pacific Crest initiated coverage on Microchip Technology Inc. (MCHP). They placed a “Sector Perform” rating on the company.

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