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Research Analysts’ new coverage for Tuesday, May 13th:

JPMorgan Chase & Co. assumed coverage on shares of Apache (NYSE:APA). They issued a neutral rating and a $94.00 price target on the stock.

Berenberg Bank started coverage on shares of Deutsche Post AG (NASDAQ:DPSGY). Berenberg Bank issued a hold rating on the stock.

Raymond James initiated coverage on shares of The Dixie Group (NASDAQ:DXYN). Raymond James issued a strong-buy rating and a $14.00 target price on the stock.

Dougherty & Co initiated coverage on shares of GT Advanced Technologies (NASDAQ:GTAT). Dougherty & Co issued a buy rating on the stock.

Morgan Stanley began coverage on shares of W.W. Grainger (NYSE:GWW). The firm issued an overweight rating and a $296.00 price target on the stock.

Morgan Stanley began coverage on shares of HD Supply Holdings (NYSE:HDS). The firm issued an equal weight rating and a $28.00 target price on the stock. The analysts wrote, “We like HDS’ exposure to a cyclical rebound in construction and institutional spending, though we believe expectations have largely been right-sized following a strong 4Q beat. Mgmt has interesting balance sheet optionality, though largely baked into our estimates. Initiating at EW with a $28 PT.”

JPMorgan Chase & Co. initiated coverage on shares of Illinois Tool Works (NYSE:ITW). They issued a neutral rating and a $86.00 target price on the stock.

Brinson Patrick initiated coverage on shares of Regulus Therapeutics (NASDAQ:RGLS). They issued an outperform rating on the stock.

Berenberg Bank started coverage on shares of Royal Mail (OTCMKTS:ROYMF). They issued a buy rating on the stock.

Berenberg Bank initiated coverage on shares of Royal Mail (NASDAQ:ROYMF). Berenberg Bank issued a buy rating on the stock.

Goldman Sachs started coverage on shares of SINA Corp (NASDAQ:SINA). The firm issued a buy rating on the stock.

Berenberg Bank started coverage on shares of TNT Express (NASDAQ:TNTEY). Berenberg Bank issued a sell rating on the stock.

Morgan Stanley initiated coverage on shares of WESCO International (NYSE:WCC). They issued an equal weight rating and a $92.00 target price on the stock. The analysts wrote, “We like WCC’s leverage to improving construction trends, and revenue performance (finally) looks poised to match market growth in 2H14. However, with op leverage expected to remain subdued, and the company at the high end of its leverage range, we see shares as broadly fair valued.”

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