Tuesday, July 12, 2011

Comcast (CMCSA) (DTV) (N) (TWC) (ARBA) Get New Coverage from Analysts

Comcast (NASDAQ: CMCSA), DirecTV (NYSE: DTV), NetSuite Inc. (NYSE: N), Time Warner Cable (NYSE: TWC) and Ariba, Inc. (NASDAQ: ARBA) had coverage initiated on them by analysts.

Barclays Capital initiated coverage on Ariba, Inc. (ARBA). They placed a “buy” rating and a price target of $44.00 on the company.

Brean Murray initiated coverage on Comcast Co. (CMCSA). They placed a “buy” rating on the company.

Brean Murray initiated coverage on DirecTV (DTV). They placed a “buy” rating and a price target of $62.00 on the company.

Barclays Capital initiated coverage on NetSuite Inc. (N). They placed a “neutral” rating and a price target of $45.00 on the company. They cited valuation as the catalyst behind the call.

BMC Equities Research initiated coverage on Time Warner Cable (TWC). They placed a “hold” rating on the company.

Comcast closed Monday at $25.03, falling $0.48, or 1.88 percent. DirecTV closed at $52.81, down $0.27, or 0.51 percent. NetSuite ended the day at $41.47, losing $1.17, or 2.74 percent. Time Warner Cable closed at $77.78, declining $1.46, or 1.84 percent. Ariba closed at $35.57, falling $35.57, or 3.13 percent.

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