Thursday, October 6, 2011

Sprint (S) (CRM) (CTXS) (NTGR) (SARA) (CX) Get New Coverage

Sprint Nextel (NYSE: S), Salesforce.com (NYSE: CRM), Citrix Systems, Inc. (NASDAQ: CTXS), NetGear Inc (NASDAQ: NTGR), Saratoga Resources, Inc. (NASDAQ: SARA) and Cemex SAB de CV (NYSE: CX) getting new coverage from analysts.

Evercore Partners initiated coverage on Sprint Nextel (S). They placed an “Equal Weight” rating and a price target of $3.00 on the company.

Ticonderoga Securities initiated coverage on Salesforce.com (CRM). They placed a “neutral” rating on the company.

Jefferies (NYSE:JEF) initiated coverage on Citrix Systems, Inc. (CTXS). They placed a “Hold” rating and a price target of $62.00 on the company.

Capstone initiated coverage on NetGear Inc. (NTGR). They placed a “Buy” rating on the company.

Imperial Capital initiated coverage on Saratoga Resources, Inc. (SARA). They placed an “Outperform” rating on the company.

RBC Capital initiated coverage on Cemex SAB de CV (CX). They placed a “Sector Perform” rating and a price target of $3.00 on the company.

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