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Coverage Initiated

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Coverage Initiated
When a brokerage or analyst issues his/her first rating on a particular stock.

Notes:
The media usually states Joe's Brokerage initiates coverage on Boston Beer Company with a strong buy.

See also: Analyst, Brokerage

Coverage initiated
Usually refers to the fact that analysts begin following a particular security. This usually happens when there is enough trading in it to warrant attention by the investment community.


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Coverage Initiated on INTERIORS By The Research Works, Inc.
Each issue of the Online newsletter aggregates and reports on New Buys & Sales on Wall Street, coverage initiated or dropped on Wall Street, Big Movers, Earnings (or lack of) reports, news and/or press releases from Business Wire or PR Newswire, news from industry press or trade journals and news from traditional media outlets.
The Company has had coverage initiated by Cruttenden Roth, who rated the stock at Strong Buy.
 
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