SonoSite (SONO) (BRCM) (SFSF) (DAN) (REN) (ECTE) Get New Coverage

SonoSite Inc (NASDAQ: SONO), Broadcom Corp (NASDAQ: BRCM), SuccessFactors, Inc. (NASDAQ: SFSF), Dana Holding Co. (NYSE: DAN), Resolute Energy Corp (NYSE: REN) and Echo Therapeutics (NASDAQ: ECTE) getting new coverage from analysts.

Stifel Nicolaus initiated coverage on SonoSite Inc. (SONO). They placed a “Buy” rating on the company.

ThinkEquity initiated coverage on Broadcom Corp. (BRCM). They placed a “Buy” rating on the company.

Piper Jaffray (NYSE:PJC) initiated coverage on SuccessFactors, Inc. (SFSF). They placed an “Overweight” rating on the company.

CRT Capital initiated coverage on Dana Holding Co. (DAN). They placed a “Buy” rating on the company.

Morgan Keegan initiated coverage on Resolute Energy Corp. (REN). They placed an “Outperform” rating and a price target of $19.00 on the company.

Stifel Nicolaus initiated coverage on Echo Therapeutics (ECTE). They placed a “Buy” rating on the company.

BlackRock (BLK) (BRCM) (ECTE) (JNS) (SFSF) (SQNM) (SONO) (THS) (WDR) Get New Coverage

BlackRock (NYSE:BLK), Broadcom (NASDAQ:BRCM), Echo Therapeutics (NASDAQ:ECTE), Janus Capital (NYSE:JNS), SuccessFactors (NASDAQ:SFSF), Sequenom (NASDAQ:SQNM), SonoSite (NASDAQ:SONO), TreeHouse Foods (NYSE:THS) and Waddell & Reed (NYSE:WDR) getting new coverage from analysts.

Jefferies (NYSE:JEF) initiated coverage on BlackRock (BLK). They started them off with a "Hold" rating.

ThinkEquity initiated coverage on Broadcom (BRCM). They started them off with a "Buy" rating.

Stifel Nicolaus initiated coverage on Echo Therapeutics (ECTE). They started them off with a "Buy" rating.

Jefferies initiated coverage on Janus Capital (JNS). They started them off with a "Buy" rating.

Piper Jaffray (NYSE:PJC) initiated coverage on SuccessFactors (SFSF). They started them off with a "Overweight" rating.

William Blair initiated coverage on Sequenom (SQNM). They started them off with a "Outperform" rating.

Stifel Nicolaus initiated coverage on SonoSite (SONO). They started them off with a "Buy" rating.

Wells Fargo (NYSE:WFC) initiated coverage on TreeHouse Foods (THS). They started them off with a "Outperform" rating.

Jefferies initiated coverage on Waddell & Reed (WDR). They started them off with a "Buy" rating.

Is Sprint's (NYSE:S) Echo a Smartphone, Tablet, or Both?

The weeks of generating interest in the newest smartphone from Sprint (NYSE:S) wasn't a disappointment, as created a lot of buzz over the first-even smartphone with includes dual screens which Sprint is marketing as a combination smartphone/tablet.

Named "Echo," the new device has a 3.5-inch touch-screen which slides out into dual screens with a combined width of 4.7 inches, which is what prompts Sprint to assert it's a smartphone and a tablet. (This couldn't already be a disruptor of tablets before tablets get their legs could it?)

David Owen, Sprint’s vice president of consumer acquisition, says, “You will see a major marketing campaign for this phone. We consider the Echo to be a breakthrough device.”

When explaining why Echo would only be running on a 3G network, Owens answered, “We wanted to be first to market. We thought it was OK to have the first generation of this device be 3G.”

Echo runs the 2.2 version of Google’s (NASDAQ:GOOG) Android operating system, which means the over 100,000 applications in Google’s Android Market will be able to be run in standard mode on the device.

Users can drag-and-drop items from one screen to another, and view two different operations at a time; one on each screen.

The Echo will go on sale in the spring of 2011, and be sold exclusively at Sprint for $199.

Sprint (NYSE:S) Unveiling Dual-Screen Android (NASDAQ:GOOG) Smartphone Today

Later today Sprint Nextel Corp. (NYSE:S) will unveil an Android (NASDAQ:GOOG) smartphone with dual screens, both 3.5" touch screens.

The new smartphone will be named Echo and was developed by Kyocera Corp. The two screens will be able to be stacked side by side.

With the screens positioned side by side, users can perform multiple tasks or drag items from screen to screen.

There is also a hinge include where one screen can be layered below the other, allowing for a more normal single touch-screen smartphone experience. Echo will run on 3G.

Analysts have noted Sprint was in need of a new offering to continue to generate momentum, as their existing smartphone products are maturing.

Sprint was trading at $4.43, up $0.025, or 0.57 percent, as of 11:44 Am EST.