Monday, August 1, 2011

ADTRAN (ADTN) (AIG) (CIEN) (SONS) (XTEX) (VHS) Get New Coverage

ADTRAN, Inc. (NASDAQ: ADTN), American International Group, Inc. (NYSE: AIG), Ciena Corp. (NASDAQ: CIEN), Sonus Networks, Inc. (NASDAQ: SONS), Crosstex Energy LP (NASDAQ: XTEX) and Vanguard Health System (NYSE: VHS) getting new coverage from analysts.

Kaufman Brothers initiated coverage on ADTRAN, Inc. (ADTN). They placed a “Buy” rating and a price target of $50.00 on the company.

Citigroup (NYSE:C) initiated coverage on American International Group, Inc. (AIG). They placed a “Hold” rating and a price target of $33.00 on the company.

Kaufman Brothers initiated coverage on Ciena Corp. (CIEN). They placed a “Hold” rating and a price target of $17.00 on the company.

Kaufman Brothers initiated coverage on Sonus Networks, Inc. (SONS). They placed a “Hold” rating and a price target of $3.50 on the company.

Janney Montgomery Scott initiated coverage on Crosstex Energy LP (XTEX). They placed a “Buy” rating on the company.

Susquehanna Vanguard initiated coverage on Health System (VHS). They placed a “Positive” rating on the company.

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