Triangle (TPLM) (TISA) (NETL) (ACPW) (HNR) (LLNW) Get New Coveage

Triangle Petroleum (NASDAQ: TPLM), Top Image Systems (NASDAQ: TISA), NetLogic Microsystems, Inc. (NASDAQ: NETL), Active Power (NASDAQ: ACPW), Harvest Natural Resources, Inc. (NYSE: HNR) and Limelight Networks (NASDAQ: LLNW) getting new analyst coverage.

Rodman & Renshaw initiated coverage on Top Image Systems (TISA). They placed an “Outperform” rating and a price target of $4.00 on the company.

BMO Capital Markets initiated coverage on Triangle Petroleum (TPLM). They placed a “Market Perform” rating on the company.

Wunderlich initiated coverage on NetLogic Microsystems, Inc. (NETL). They placed a “Buy” rating and a price target of $40.00 on the company.

Rodman & Renshaw initiated coverage on Active Power (ACPW). They placed a “Market Perform” rating on the company.

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

Janney Montgomery Scott initiated coverage on Limelight Networks (LLNW). They placed a “Neutral” rating on the company.

Triangle Petroleum (AMEX:TPLM) Moving from Acquisition Stage to Operational Stage

Triangle Petroleum (AMEX:TPLM) almost had a complete makeover in 2010, prompting Global Hunter Securities to say they're poised to move from an acquisition stage to an operational stage.

Global said, "Triangle Petroleum exits 2010 an entirely different company than when it entered the year. With a new management, new capital structure and a new business plan focused on what has become the hottest oil play in the U.S. (Bakken Shale), Triangle is poised to grab investor attention as it moves from acreage acquirer to operator in 2011."

Global Hunter Securities initiated coverage on Triangle Petroleum with a "Buy" rating. Triangle closed Friday at $6.50, up $0.09, or 1.40 percent. Global has a price target of $8.50 on them.