Thursday, December 22, 2011

Cree (CREE) (SMBL) (TRW) (VNR) (CHKR) (CPST) Get New Coverage

Cree, Inc. (NASDAQ: CREE), Smart Balance Inc. (NASDAQ: SMBL), TRW Automotive Holdings Corp. (NYSE: TRW), Vanguard Natural Resources (NYSE: VNR), Chesapeake Granite Wash Trust Common Units (NASDAQ: CHKR) and Capstone Turbine Co. (NASDAQ: CPST) getting new coverage from analysts.

BMO Capital Markets initiated coverage on Smart Balance Inc. (SMBL). They placed a “Market Perform” rating on the company.

Sterne Agee initiated coverage on TRW Automotive Holdings Corp. (TRW). The analysts placed a “buy” rating on the company.

Wunderlich initiated coverage on Vanguard Natural Resources (VNR). They placed a “Buy” rating and a price target of $33.00 on the company.

Goldman Sachs (NYSE:GS) initiated coverage on Chesapeake Granite Wash Trust Common Units (CHKR). They placed a “Neutral” rating on the company.

JMP Securities initiated coverage on Capstone Turbine Co. (CPST). They placed an “Outperform” rating and a price target of $2.00 on the company.

Needham & Company initiated coverage on Cree, Inc. (CREE). They placed a “Buy” rating on the company.

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