Coverage on (CAVM) (CRFN) (CSCO) (EXLS) (G) Initiated By Analysts

Coverage on shares of Cavium Networks, Inc. (NASDAQ: CAVM), Crescent Financial Co. (NASDAQ: CRFN), Cisco Systems, Inc. (NASDAQ: CSCO), ExlService Holdings, Inc. (NASDAQ: EXLS) and Genpact Limited (NYSE: G) was initiated by analysts.

Gleacher & Co. initiated coverage on Cavium Networks, Inc. (CAVM). They placed a “neutral” rating on the company.

Raymond James (NYSE:RJF) initiated coverage on Crescent Financial Co. (CRFN). They placed a “market perform” rating on the company.

Janney Montgomery Scott initiated coverage on Cisco Systems, Inc. (CSCO). They placed a “neutral” rating and a price target of $18.00 on the company.

Oppenheimer initiated coverage on ExlService Holdings, Inc. (EXLS). They placed an “outperform” rating and a price target of $29.00 on the company.

Oppenheimer initiated coverage on Genpact Limited (G). They placed an “outperform” rating and a price target of $20.00 on the company.