Equities research analysts initiated coverage on a number of stocks today, as reported by Analyst Ratings Network (http://www.analystratings.net/default.aspx?RegistrationCode=EquityBriefing):
Arris Group, Inc. (NASDAQ: ARRS) is now covered by analysts at Maxim Group. They set a "buy" rating and a $17.00 price target on the stock.
Callidus Software Inc. (NASDAQ: CALD) is now covered by analysts at ThinkEquity. They set a "buy" rating on the stock.
Corcept Therapeutics Incorporated (NASDAQ: CORT) is now covered by analysts at Bank of America. They set an "underperform" rating on the stock.
Salesforce.com (NYSE: CRM) is now covered by analysts at ThinkEquity. They set a "buy" rating and a $155.00 price target on the stock.
Cornerstone OnDemand (NASDAQ: CSOD) is now covered by analysts at ThinkEquity. They set a "buy" rating on the stock.
Echo Therapeutics (NASDAQ: ECTE) is now covered by analysts at Wunderlich. They set a "hold" rating and a $1.75 price target on the stock.
Ellie Mae (NASDAQ: ELLI) is now covered by analysts at ThinkEquity. They set a "buy" rating on the stock.
Emcore Corporation (NASDAQ: EMKR) is now covered by analysts at FBR Capital. They set an "outperform" rating and a $6.50 price target on the stock.
Emcore Corporation (NASDAQ: EMKR) is now covered by analysts at Needham & Company. They set a "buy" rating on the stock.
FLIR Systems, Inc. (NASDAQ: FLIR) is now covered by analysts at Drexel Hamilton. They set a "buy" rating and a $22.00 price target on the stock.
Fabrinet Ordinary (NYSE: FN) is now covered by analysts at Needham & Company. They set a "hold" rating on the stock.
Finisar (NASDAQ: FNSR) is now covered by analysts at Needham & Company. They set a "hold" rating on the stock.
First Industrial Realty Trust Inc (NYSE: FR) is now covered by analysts at Stifel Nicolaus. They set a "hold" rating and a $50.00 price target on the stock.
Great Plains Engy (NYSE: GXP) is now covered by analysts at Ladenburg Thalmann. They set a "buy" rating on the stock.
Harmonic (NASDAQ: HLIT) is now covered by analysts at Maxim Group. They set a "hold" rating on the stock.
HeartWare (NASDAQ: HTWR) is now covered by analysts at Goldman Sachs. They set a "neutral" rating on the stock.
JDS Uniphase Co. (NASDAQ: JDSU) is now covered by analysts at Needham & Company. They set a "hold" rating on the stock. They noted that the move was a valuation call.
Micros Systems Inc (NASDAQ: MCRS) is now covered by analysts at Compass Point. They set a "neutral" rating and a $50.00 price target on the stock.
Melco Crown Entertainment Limited (NASDAQ: MPEL) is now covered by analysts at Janney Montgomery Scott. They set a "buy" rating on the stock.
NetSuite Inc. (NYSE: N) is now covered by analysts at ThinkEquity. They set a "hold" rating on the stock.
Neophotonics Corp. (NASDAQ: NPTN) is now covered by analysts at Needham & Company. They set a "hold" rating on the stock.
Novadaq Technologies Inc. (NASDAQ: NVDQ) is now covered by analysts at Wunderlich. They set a "hold" rating and a $8.00 price target on the stock.
Oclaro, Inc. (NASDAQ: OCLR) is now covered by analysts at Needham & Company. They set a "hold" rating on the stock.
Pacific Drilling S (NASDAQ: PACD) is now covered by analysts at Global Hunter Securities. They set a "buy" rating and a $12.00 price target on the stock.
Verifone (NYSE: PAY) is now covered by analysts at Compass Point. They set a "neutral" rating and a $38.00 price target on the stock.
Pharmacyclics, Inc. (NASDAQ: PCYC) is now covered by analysts at Sanford C. Bernstein. They set a "market perform" rating and a $51.00 price target on the stock. They noted that the move was a valuation call.
Phillips-Van Heusen (NYSE: PVH) is now covered by analysts at Lazard Capital. They set a "buy" rating on the stock.
Questcor Pharmaceuticals, Inc. (NASDAQ: QCOR) is now covered by analysts at Bank of America. They set a "buy" rating and a $60.00 price target on the stock.
Ubiquiti Networks (NASDAQ: UBNT) is now covered by analysts at Capstone. They set a "buy" rating and a $18.00 price target on the stock.
Valeant Pharmaceuticals (NYSE: VRX) is now covered by analysts at Goldman Sachs. They set a "neutral" rating on the stock.
Wabash National Co. (NYSE: WNC) is now covered by analysts at FBR Capital. They set an "outperform" rating and a $9.00 price target on the stock.
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Source: Equity Briefing via Thomson Reuters ONE
