Coverage on (AKS) (ATPG) (CMC) (MRO) (LPR) Initiated by Analysts

Analysts initiated coverage on AK Steel Holding Co. (NYSE: AKS), ATP Oil & Gas Co. (NASDAQ: ATPG), Commercial Metals (NYSE: CMC), Marathon Oil Co. (NYSE: MRO) and Lone Pine Resources (NYSE: LPR).

Jefferies (NYSE:JEF) initiated coverage on shares of AK Steel Holding Co. (AKS). They placed a “hold” rating and a price target of $18.00 on the company.

Rodman & Renshaw initiated coverage on ATP Oil & Gas Co. (ATPG). They placed an “outperform” rating and a price target of $22.00 on the company.

Jefferies initiated coverage on Commercial Metals (CMC). They placed a “hold” rating and a price target of $16.50 on the company.

Morgan Stanley (NYSE:MS) initiated coverage on shares of Marathon Oil Co. (MRO). They placed an “equal weight” rating and a price target of $41.00 on the company.

Wells Fargo & Co. (NYSE:WFC) initiated coverage on shares of Lone Pine Resources (LPR). They placed an “outperform” rating on the company.

AK Steel closed Friday at $16.22, down $0.39, or 2.35 percent. ATP Oil & Gas closed at $15.81, falling $0.04, or 0.25 percent. Commercial Metals closed at $14.31, dropping $0.05, or 0.35 percent. Marathon Oil ended the session at $32.67, losing $0.43, or 1.30 percent. Lone Pine Resources closed at $11.11, gaining $0.20, or 1.83 percent.