Share on StockTwits

Equities Research Analysts’ new coverage for Wednesday, August 27th:

Jennings Capital began coverage on shares of Ceiba Energy Services (CVE:CEB). They issued a speculative buy rating and a C$1.25 target price on the stock.

Davidson assumed coverage on shares of Concur Technologies (NASDAQ:CNQR). They issued a neutral rating on the stock.

RBC Capital began coverage on shares of Deethree Exploration (TSE:DTX). The firm issued an outperform rating and a C$15.00 price target on the stock.

Stifel Nicolaus began coverage on shares of FireEye (NASDAQ:FEYE). Stifel Nicolaus issued a buy rating and a $45.00 price target on the stock.

Drexel Hamilton initiated coverage on shares of First Financial Bancorp (Ohio) (NASDAQ:FFBC). They issued a hold rating on the stock.

HSBC started coverage on shares of Gran Tierra Energy (NYSE:GTE). They issued an overweight rating on the stock.

Credit Suisse assumed coverage on shares of Infineon Technologies AG (NASDAQ:IFNNY). The firm issued an outperform rating on the stock.

Barrington Research began coverage on shares of Kirkland's (NASDAQ:KIRK). They issued an outperform rating and a $21.00 target price on the stock.

Deutsche Bank began coverage on shares of Merck KGaA (FRA:MRK). Deutsche Bank issued a hold rating on the stock.

Morgan Stanley initiated coverage on shares of ServiceNow (NYSE:NOW). Morgan Stanley issued a buy rating and a $74.00 target price on the stock. The analysts wrote, “Strong relationships with enterprise IT departments a differentiating factor. NOW’s products provide a way to improve an IT department’s standing within an organization by improving user experience. They also provide a mechanism for IT personnel to reassert some control away from other division managers in technology purchasing and enterprise IT roadmap decisions. As a result, IT personnel become advocates for the adoption of NOW’s platform across other business units.”

Davidson began coverage on shares of Workday (NASDAQ:WDAY). The firm issued a neutral rating on the stock.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.