Apple (AAPL) (GD) (LVS) (COOL) (GE) (T) Get New Coverage

Apple, Inc. (NASDAQ: AAPL), General Dynamics (NYSE: GD), Las Vegas Sands Corp. (NYSE: LVS), Majesco Entertainment Co. (NASDAQ: COOL), General Electric (NYSE: GE) and AT&T Inc. (NYSE: T) getting new coverage from analysts.

General Dynamics (GD) is now covered by Sterne Agee. They placed a “Buy” rating on the company.

Las Vegas Sands Corp. (LVS) is now covered by Compass Point. They placed a “sell” rating and a $35.00 price target on the company.

Apple, Inc. (AAPL) is now covered by Auriga. They placed a “Buy” rating on the company.

Majesco Entertainment Co. (COOL) is now covered by Rodman & Renshaw. They placed an “Outperform” rating and a price target of $7.00 on the company.

General Electric (GE) is now covered by Morgan Stanley (NYSE:MS). They placed an “Overweight” rating on the company.

AT&T Inc. (T) is now covered by Guggenheim. They placed a “Neutral” rating on the company.

Majesco (COOL) (ROK) (S) (SAAS) (CLWR) (CORT) Get New Coverage

Majesco Entertainment Co. (NASDAQ: COOL), Rockwell Automation Inc. (NYSE: ROK), Sprint Nextel (NYSE: S), inContact, Inc. (NASDAQ: SAAS), Clearwire (NASDAQ: CLWR) and Corcept Therapeutics Incorporated (NASDAQ: CORT) getting new coverage from analysts.

Morgan Stanley (NYSE:MS) initiated coverage on Rockwell Automation Inc. (ROK). They placed an “Underweight” rating and a price target of $78.00 on the company.

Guggenheim initiated coverage on Sprint Nextel (S). They placed a “Neutral” rating on the company.

Feltl & Co. initiated coverage on inContact, Inc. (SAAS). They placed a “Buy” rating and a price target of $6.00 on the company.

Guggenheim initiated coverage on Clearwire (CLWR). They placed a “Buy” rating on the company.

Rodman & Renshaw initiated coverage on Majesco Entertainment Co. (COOL). They placed an “Outperform” rating and a price target of $7.00 on the company.

BioLogic Equity Research initiated coverage on Corcept Therapeutics Incorporated (CORT). They placed a “Sell” rating on the company.

Netflix (NFLX) (CLVS) (CLWR) (COOL) (ARB) (BAC) Ratings, Price Targets

Netflix, Inc. (NASDAQ: NFLX), Clovis Oncology Inc. (NASDAQ: CLVS), Clearwire (NASDAQ: CLWR), Majesco Entertainment Co. (NASDAQ: COOL), Arbitron Inc. (NYSE: ARB) and Bank of America (NYSE: BAC) ratings and price targets.

Netflix, Inc. (NFLX) had its “underperform” rating reiterated

by analysts at Needham & Company.

Clovis Oncology Inc. (CLVS) is now covered by Credit Suisse (NYSE:CS). They have an “outperform” rating on the firm.

Clearwire (CLWR) is now covered by Guggenheim. They have a “buy” rating on the firm.

Majesco Entertainment Co. (COOL) is now covered by Rodman & Renshaw. They have an “outperform” rating and a price target of $7.00 on the firm.

Arbitron Inc. (ARB) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from an “overweight” rating to a “neutral” rating.

Bank of America (BAC) had its price target lowered by Citigroup (NYSE:C) to $8.00.

Ratings on (AMD) (APAC) (CA) (CEG) (COOL) Reiterated

Ratings on shares of Advanced Micro Devices (NYSE: AMD), APAC Customer Services, Inc. (NASDAQ: APAC), CA, Inc. (NASDAQ: CA), Constellation Energy Group (NYSE: CEG) and Majesco Entertainment Co. (NASDAQ: COOL) were reiterated by analysts.

Deutsche Bank (NYSE:DB) reiterated a “hold” rating on Advanced Micro Devices (AMD). They have a price target of $8.00 on the company.

BGB Securities reiterated a “buy” rating on APAC Customer Services, Inc. (APAC). They have a price target of $7.00 on the company.

Deutsche Bank reiterated a “buy” rating on CA, Inc. (CA). They have a price target of $29.00 on the company.

Dahlman Rose reiterated a “hold” rating on Constellation Energy Group (CEG).

Wedbush reiterated a “neutral” rating on Majesco Entertainment Co. (COOL). They have a price target of $3.50 on the company, up from $2.80.

Price Targets on (BAX) (COOL) (CSCO) (ESS) Updated

Price targets on Baxter International Inc. (NYSE: BAX), Majesco Entertainment Co. (NASDAQ: COOL), Cisco Systems, Inc. (NASDAQ: CSCO) and Essex Property Trust Inc (NYSE: ESS) were updated by analysts.

UBS AG (NYSE:UBS) raised their price target on Baxter International Inc. (BAX) from $58.00 to $65.00. They have a “buy” rating on the company.

Needham & Company raised their price target on Majesco Entertainment Co. (COOL) from $2.50 to $4.00. They have a “buy” rating on the company.

Barclays Capital cut their price target on Cisco Systems, Inc. (CSCO) from $22.00 to $20.00. They have an “equal weight” rating on the company.

Barclays Capital raised their price target on Essex Property Trust Inc (NYSE: ESS) from $127.00 to $136.00. They have an “overweight” rating on the company.

Majesco (COOL) Quietly Doubles in a Month

Majesco Entertainment (NASDAQ:COOL) a maker or reproducer of casual games, has almost doubled since February 11, when it traded for $1.26 a share.

If you go back to January 1, when they were trading a 77 cents a share, the company has over tripled in price.

While the company has been steadily moving up over the last several months, the main catalysts was their recent report where revenue for the quarter increased to $48.5 million, a 66 percent gain.

The company, at this time, is being driven by the release of its popular Zumba Fitness software, which can be played on Nintendo Wii, Xbox 360 (NASDAQ:MSFT), and Sony’s PS3 (NYSE:SNE) consoles.

Majesco closed Thursday at $2.48, gaining $0.23, or 10.22 percent. They were up to $2.50 in after hours trading.

Microsoft's (MSFT) Xbox Sales Up 15 Percent on Kinect Demand

The overall videogame segment suffered a dismal January, as sales were down and no company but Microsoft (NASDAQ:MSFT) with their Xbox was able to grow console sales year-over-year.

Microsoft said Thursday they sold 381,000 Xbox units in January, a 15 percent boost over January 2010. The company claims theirs was the only console showing growth for the month.

They could have sold a lot more consoles except for shortages driven by continuing demand for Kinect. Microsoft said that should show improvement throughout February.

According to NPD Group the only positive news for the overall sector was in accessories, which includes Microsoft's Kinect, which obviously was the story there as well.

Sale for accessories in January jumped to $235.1 percent, a six percent gain for the industry over last year.

The bad news in January for videogame software was sales dropped to $576 million, down 5 percent from last January. Hardware sales were worse, falling to $324 million, an eight percent plunge.

The top five selling games in January were Activision Blizzard’s (ATVI) Call of Duty: Black Ops, Ubisoft’s Just Dance 2, Electronic Arts’ (ERTS) Dead Space 2, Sony’s (SNE) Little Big Planet 2, and Majesco’s (COOL) Zumba Fitness.

Majesco (COOL) Quietly Making Big Move

Majesco Entertainment Co. (NASDAQ:COOL) has been moving under the radar of most investors, but has been soaring over the last several months, almost doubling since it traded at $0.78 on January 1, 2010.

The company develops games for all the major consoles, including Xbox (MSFT), PlayStation (SNE), Nintendo, mobile devices and PCs.

They most work in the casual gaming sector, and the enjoyed recent success with its Zumba Fitness, which was the No. 5 selling video game in January, in an otherwise very slow month.

In the last three months, Majesco has soared from $0.60 at the close of the market November 17, to $1.50 as of close on February 17.

Majesco Entertainment (NASDAQ:COOL) Pulling Back After Running Up

Majesco Entertainment (NASDAQ:COOL) has soared since the middle of December, rising from $0.66 to $1.45 during that time.

The company in fact did pull back on Wednesday, falling from $1.40 to end the day at $1.12, a 20 percent plunge.

Needham noted early in the session, "COOL reported sales and EPS for 4Q'10 (ended 10/31/10) that were below our estimates, which, given industry weakness during the holidays, is not too surprising. COOL's recent rise is based on anticipation of very strong sales in Q1 of FY2011, driven by a few key titles. We expect FY2'11 to show significant improvement over 2010, but to be front-end loaded, as is typical with Q1 falling over the holiday season. We believe the stock remains attractive, but that given the recent strong runup, we would not be surprised to see a pull-back."

Even so, Needham reiterates their "Buy" rating on Majesco Entertainment (COOL), and have a price target of $1.50 on them.