Friday, January 6, 2012

Leap (LEAP) (IR) (ITW) (JKHY) (LII) (F) Get New Coverage

Leap Wireless (NASDAQ: LEAP), Ingersoll-Rand (NYSE: IR), Illinois Tool Works Inc. (NYSE: ITW), Jack Henry & Associates, Inc. (NASDAQ: JKHY), Lennox International Inc. (NYSE: LII) and Ford (NYSE: F) getting new coverage from analysts.

Morgan Stanley (NYSE:MS) initiated coverage on Ingersoll-Rand (IR). They placed an “Overweight” rating and a price target of $39.00 on the company.

Morgan Stanley initiated coverage on Illinois Tool Works Inc. (ITW). They placed an “Equal Weight” rating and a price target of $54.00 on the company.

Evercore Partners initiated coverage on Jack Henry & Associates, Inc. (JKHY). They placed an “Equal Weight” rating on the company.

Guggenheim initiated coverage on Leap Wireless (LEAP). They placed a “Buy” rating on the company.

Morgan Stanley initiated coverage on Lennox International Inc. (LII). They placed an “Underweight” rating on the company.

Guggenheim initiated coverage on Ford (F). They placed a “Neutral” rating on the company.

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