Coverage initiated

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.

Coverage Initiated

The date on which a brokerage or research firm begins giving buy or sell ratings to a particular publicly-traded company. The term is most commonly used in the media when a first rating is reported.
References in periodicals archive ?
The coverage initiated till date is for First Data Corporation, Hexion Specialty Chemicals, Cengage Learning & Harrah's Operating Company Inc.
Gradient International Analytics is truly international in focus, as reflected in the selection of coverage initiated over the past three months.
Kim Boyce stated, "We are pleased to see coverage initiated on our company.
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.
The Company has had coverage initiated by Wit Soundview who gave the stock a Strong Buy rating and set a price target of $350.
The Company has had coverage initiated by PaineWebber's David Wong, who gave the stock a Buy rating and set a 12-month price target of $330.
The Company had coverage initiated by Wit SoundView, who gave the stock a Strong Buy rating.
The Company had coverage initiated by Prudential with an Accumulate rating and by Deutsche Banc Alex.