Monday, October 3, 2011

MEMC (WFR) (AL) (VAL) (CMC) (SSRX) (DEPO) Get New Coverage

MEMC Electronic Materials Inc. (NYSE: WFR), Air Lease Corp (NYSE: AL), The Valspar Co. (NYSE: VAL), Commercial Metals (NYSE: CMC), 3SBio Inc. (NASDAQ: SSRX) and Depomed Inc. (NASDAQ: DEPO) get new coverage from analysts.

Piper Jaffray (NYSE:PJC) initiated coverage on MEMC Electronic Materials Inc. (WFR). They placed a “Neutral” rating and a price target of $7.00 on the company.

Citigroup (NYSE:C) initiated coverage on Air Lease Corp. (AL). They placed a “Buy” rating on the company.

KeyBanc initiated coverage on The Valspar Co. (VAL). They placed a “Hold” rating on the company.

Longbow Research initiated coverage on Commercial Metals (CMC). They placed a “Neutral” rating on the company.

Auriga initiated coverage on 3SBio Inc. (SSRX). They placed a “Hold” rating and a price target of $13.00 on the company.

Auriga initiated coverage on Depomed Inc. (DEPO). They placed a “Buy” rating and a price target of $10.00 on the company.

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