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February 26, 2010
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| 08:59 EDT |  | SJM |
| theflyonthewall.com: | On The Fly: Analysts Initiation Summary | | MOST NOTEWORTHY: ViaSat (VSAT), Incyte (INCY) and Kraft Foods (KFT) were today's noteworthy initiations: Merriman believes the recent acquisition of WildBlue by ViaSat and the launch of the ViaSat-1 broadband satellite in early 2011 will drive ViaSat's growth. The firm has a Buy rating and a $38-$41 valuation range on the stock. Oppenheimer believes Incyte will report positive phase III data for its lead JAK-1/2 inhibitor INCB18424. The firm started shares with an Outperform rating and $15 target. Deutsche Bank reinstated Kraft Foods with a Hold rating and $31 target...OTHER INITIATIONS: J.M. Smucker (SJM) was initiated with a Neutral rating and $67 target at Goldman. Intercontinental Exchange (ICE) was initiated with a Buy rating and $127 target at UBS. Manpower (MAN) was initiated with a Neutral rating and $60 target at Macquarie. :theflyonthewall.com |
| | 06:26 EDT |  | SJM |
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