Analyst initiations: OXPS, CPSL, WMS, MOT, CSCO, SONS

bloggingstocks.com     Jul 15, 2008          

Filed under: Cisco Systems (CSCO), Motorola (MOT), Analyst initiationsMOST NOTEWORTHY: OptionXpress, China Precision Steel and WMS Industries were today's noteworthy initiations: JMP Securities expects OptionXpress (NASDAQ: OXPS) to continue to benefit from continued retail adoption of options and futures trading and expansion of its platform outside the U.S. Shares were assumed with an Outperform rating and $29 target. Merriman believes China Precision Steel (NASDAQ: CPSL) should be able to gain market share as it mainly competes against foreign imports and currently has a lower cost to manufacture. The firm started shares with a Buy rating. Soleil expects WMS Industries (NYSE: WMS) to do well as it benefits from market share gains and continues to boost operating efficiencies. The firm initiated shares with a Buy rating and... [read full story]                    


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