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Analyst initiations: Infinera, Dawson Geophysical, Electro-Optical Sciences

MOST NOTEWORTHY: Infinera, Dawson Geophysical and Electro-Optical Sciences were today's noteworthy initiations:
  • Thomas Weisel said Infinera (NASDAQ: INFN) has unique technology that will result in a sustained competitive differentiation, increases customer diversification and improving margins. The firm started shares with an Overweight rating and $13 target.
  • Dawson Geophysical (NASDAQ: DWSN) was initiated with a Hold rating and $72 target at Jefferies, as they believe the stock is fairly-valued at current levels.
  • Jesup & Lamont initiated Electro-Optical Sciences (NASDAQ: MELA) with a Buy rating and $8 target. The believes MELA's Melafind is a breakthrough technology for the diagnosis of melanoma.
OTHER INITIATIONS:

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Symbol Lookup
IndexesChangePrice
DJIA-143.288,599.18
NASDAQ-45.421,571.59
S&P 500-19.38890.35

Last updated: January 09, 2009: 07:30 PM

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