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Research Analysts’ new coverage for Tuesday, July 1st:

Bank of America began coverage on shares of Arista Networks (NASDAQ:ANET). They issued a buy rating on the stock.

Pacific Crest initiated coverage on shares of Arista Networks (NASDAQ:ANET). They issued an outperform rating and a $73.00 target price on the stock.

Canaccord Genuity initiated coverage on shares of Cascade Microtech (NASDAQ:CSCD). The firm issued a buy rating and a $16.00 target price on the stock.

Sidoti started coverage on shares of LeapFrog Enterprises (NYSE:LF). They issued a buy rating and a $10.00 target price on the stock.

Capital One Financial Corp. initiated coverage on shares of Matador Resources (NYSE:MTDR). The firm issued an overweight rating and a $32.00 target price on the stock.

Goldman Sachs assumed coverage on shares of National Bank of Greece (NYSE:NBG). The firm issued a buy rating on the stock.

Wm Smith began coverage on shares of RF Industries (NASDAQ:RFIL). Wm Smith issued a not rated rating and a $8.50 target price on the stock.

Wells Fargo & Co. started coverage on shares of Restoration Hardware Holdings (NYSE:RH). They issued a market perform rating on the stock.

Simmons assumed coverage on shares of TETRA Technologies (NYSE:TTI). The firm issued an overweight rating and a $14.00 price target on the stock.

BTIG Research started coverage on shares of Verizon Communications (NYSE:VZ). BTIG Research issued a buy rating and a $60.00 target price on the stock.

Morgan Stanley assumed coverage on shares of Westport Innovations (NASDAQ:WPRT). Morgan Stanley issued an equal weight rating and a $20.00 price target on the stock. The analysts wrote, “Long-term bullish view on natural gas transportation, but HPDI technology is unproven. A bullish view on WPRT stock requires substantial conviction in the long-term viability and market demand for WPRT’s many natural gas ventures – many of which have yet to launch into the market. “While we are longer-term bulls on the outlook for natural gas penetration in the NAFTA (and China) transportation markets, calling for 5-10% penetration by 2020e, it has yet to be proven whether HPDI technology will gain real traction vs. Spark-Ignited. Moreover, longer-term profitability potential remains unclear, as two of the company’s segments will remain in negative territory until year-end (according to guidance).”

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