Analyst initiations: U.S. retail hardlines, biofuels, IPG and OMC
Posted Apr 25th 2008 11:21AM by Eric Buscemi
Filed under: Analyst reports, Home Depot (HD), Bed Bath and Beyond (BBBY), Best Buy (BBY), Intl Flavors/Fragr (IFF), Lowe's Cos (LOW), Analyst initiations
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MOST NOTEWORTHY: The U.S. Retail Hardlines Sector, the BioFuels Sector, Interpublic Group and Omnicom Group were today's noteworthy initiations:
OTHER INITIATIONS:
- Morgan Stanley assumed coverage of International Flavors (NYSE: IFF) with an Overweight rating.
- Wachovia initiated CGI Group (NYSE: GIB) with a Market Perform rating.
- Leap Wireless (LEAP) was initiated at RBC Capital with a Sector Perform rating and $55 target.
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