Rare Element (REE) (TIF) (WEN) (WSM) (ERII) (LLTC) Get New Coverage

Rare Element Resources (NYSE: REE), Tiffany & Co. (NYSE: TIF), Wendys Arbys Group Ord Shs Class A (NYSE: WEN), Williams Sonoma Inc (NYSE: WSM), Energy Recovery Inc (NASDAQ: ERII) and Linear Technology Co. (NASDAQ: LLTC) had new coverage initiated on them by analysts.

Global Hunter Securities initiated coverage on Rare Element Resources (REE). They placed a “Buy” rating and a price target of $18.50 on the company.

Merriman Curhan Ford initiated coverage on Tiffany & Co. (TIF). They placed a “Neutral” rating on the company.

Janney Montgomery Scott initiated coverage on Wendys Arbys Group (WEN). They placed a “Buy” rating on the company.

Merriman Curhan Ford initiated coverage on Williams Sonoma Inc (WSM). They placed a “Buy” rating on the company.

Rodman & Renshaw initiated coverage on Energy Recovery Inc. (ERII). They placed a “Market Perform” rating on the company.

Wells Fargo & Co. (NYSE:WFC) initiated coverage on Linear Technology Co. (LLTC). They placed an “Outperform” rating on the company.

All-Time Lows for (CCIH) (ERII) (FRF) (MY) (PACB) (TNCC) on May 6

Chinacache International (NASDAQ:CCIH), Energy Recovery (NASDAQ:ERII), Fortegra Financial (NYSE:FRF), China Ming Yang Wind Power (NYSE:MY), Pacific Biosciences (NASDAQ:PACB) and Tennessee Commerce Bancorp (NASDAQ:TNCC) all breached all-time lows on Friday, May 6.

Chinacache International (CCIH) closed Friday at $14.35, falling $0.38, or 2.58 percent. They traded as low as $14.10 on the day.

Energy Recovery (ERII) closed Friday at $2.71, down $0.17, or 2.86 percent. They traded as low as $2.71 on the day.

Fortegra Financial (FRF) closed at $9.95, dropping $0.32, or 3.12 percent. They traded as low as $9.95 on the day.

China Ming Yang Wind Power (MY) closed Friday at $8.10, losing $0.10, or 1.22 percent. They traded as low as $8.01 on the day.

Pacific Biosciences (PACB) closed Friday at $10.49, gaining $0.05, or 0.48 percent. They traded as low as $10.27 on the day.

Tennessee Commerce Bancorp (TNCC) closed at $2.90, up $0.09, or 3.01 percent. They traded as low as $2.84 on the day.