Initiate coverage

Initiate coverage

(1) Firm is now followed by analysts at a particular securities house; (2) Indication to cover short position by purchasing the underlying stock (this cancels out the short position).

Initiate Coverage

In technical analysis, to begin tracking the performance of a stock. Initiating coverage involves looking at a stock's past performance in the hope of observing indicators for future performance. When a brokerage or other organization initiates coverage, it usually announces that it is doing so, along with its first assessment. For example, a brokerage may announce that it has initiated coverage of Stock ABC with the recommendation of strong sell.
References in periodicals archive ?
While we expect earnings to expand at a still-healthy 13% clip in 2007, multiple expansion will be difficult in the face of this sharp earnings growth deceleration, and we initiate coverage at Market Perform.
Boenning & Scattergood Announces Investment Opinion on The Gorman-Rupp Company
On that premise, we initiate coverage with a Speculative Buy rating with a price objective of $1.
Dutton Associates Announces Investment Opinion: Seawright Holdings Rating Speculative Buy In Initiating Coverage By Dutton Associates
We initiate coverage with a Neutral Rating as we fundamentally believe that VIASPACE's market value already reflects significant market potential.
Dutton Associates Announces Investment Opinion: VIASPACE Neutral Rating in Initiating Coverage by Dutton Associates
We initiate coverage of Euroweb International Corp.
Euroweb International Buy Rating In Initiating Coverage By Dutton Associates
We initiate coverage on Xaar plc (LSE:XAR) with a Buy rating and a price target of US$5.
Dutton Associates Announces Investment Opinion: Xaar plc Buy Rating In Initiating Coverage By Dutton Associates
60 and initiate coverage with an investment rating of Neutral, preferring to build positions on any weakness.
JM Dutton & Associates Announces Investment Opinion: Cyanotech Neutral Rating in Initiating Coverage by Dutton & Associates
We initiate coverage of On Track Innovations with a Buy rating and a price target of $9.
J.M. Dutton & Associates Announces Investment Opinion: On Track Innovations Ltd. Buy Rating in Initiating Coverage by Dutton & Associates
Consequently, with potential price appreciation of 45%, we initiate coverage of GM Auctions with a Buy investment rating.
Greg Manning Auctions Buy Rating in Initiating Coverage by Dutton & Associates
We initiate coverage of SanDisk with a BUY rating and a 12-month price target of $13.
Investec Announces Investment Opinion: Investec Lead Semiconductor Analyst Eric Ross Initiates Coverage of the Semiconductor Industry
Cohen, Chairman, Chief Executive Officer and President, said, "We welcome FBR's decision to initiate coverage of our Company.
Resource America, Inc. Announces Initiation of Coverage At 'Buy' Rating by Friedman Billings Ramsey With a Target Price of $14.05
We're pleased to have Taglich Brothers initiate coverage of Voxware and issue a Speculative Buy recommendation on our stock.
Taglich Brothers Initiates Initial Coverage of Voxware, Inc.; Leading Broker Dealer of Micro-Cap Equities Issues Speculative Buy Recommendation
Please note that any opinions, estimates or forecasts regarding Pacific Capital Bancorp's performance made by the analysts identified in this press release, or any other analysts that may initiate coverage of Pacific Capital Bancorp, are theirs alone and do not represent opinions, forecasts or predictions of Pacific Capital Bancorp or its management.
Analyst Coverage Initiated for Pacific Capital Bancorp
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