Friday, January 6, 2012

AT&T (T) (SPW) (SWK) (CBE) (CHK) (CLVS) Get New Coverage

AT&T Inc. (NYSE: T), SPX Corp. (NYSE: SPW), Stanley Black & Decker Inc. (NYSE: SWK), Cooper Industries PLC (NYSE: CBE), Chesapeake Energy (NYSE: CHK) and Clovis Oncology Inc. (NASDAQ: CLVS) getting new coverage from analysts.

Morgan Stanley (NYSE:MS) initiated coverage on SPX Corp. (SPW). They placed an “Overweight” rating and a price target of $75.00 on the company.

Morgan Stanley initiated coverage on Stanley Black & Decker Inc. (SWK). They placed an “Equal Weight” rating and a price target of $74.00 on the company.

Guggenheim initiated coverage on AT&T Inc. (T). They placed a “Neutral” rating on the company.

Morgan Stanley initiated coverage on Cooper Industries PLC (CBE). They placed an “Equal Weight” rating and a price target of $60.00 on the company.

Bank of America (NYSE:BAC) initiated coverage on Chesapeake Energy (CHK). They placed a “Buy” rating on the company.

Credit Suisse (NYSE:CS) initiated coverage on Clovis Oncology Inc. (CLVS). They placed an “Outperform” rating on the company.

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