Wal-Mart Stores Inc (NYSE: WMT), Commercial Metals (NYSE: CMC), Richmont Mines Inc. (NYSE: RIC), FreightCar America, Inc. (NASDAQ: RAIL) and Hewlett-Packard (NYSE: HPQ) getting new coverage from analysts.
Jefferies (NYSE:JEF) initiated coverage on Hewlett-Packard (HPQ). They have a "Hold" rating on the company with a price target of $40.00.
Morgan Stanley (NYSE:MS) launched coverage on Wal-Mart Stores Inc (WMT). They have an "Equal Weight" rating on the retail giant.
Sterne Agee initiated coverage on shares of FreightCar America, Inc. (RAIL). They have a "Buy" rating on the company and a price target of $35.00.
CRT Capital started coverage on Commercial Metals (CMC). They have a "Buy" rating on the company.
Rodman & Renshaw initiated coverage on Richmont Mines Inc. (RIC). They have an "Outperform" rating on the company with a price target of $10.00 a share.
Commercial Metals closed Tuesday at $13.88, gaining $0.04, or 0.29 percent. Richmont Mines Inc. closed at $7.71, jumping $0.50, or 6.93 percent. FreightCar America, Inc. ended the session at $26.39, rising $0.45, or 1.74 percent. Wal-Mart closed the day at $53.96, up $0.09, or 0.16 percent. Hewlett-Packard closed at $35.28, down 0.01, or 0.03 percent.
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