Analyst Initiation Summary: 22 Stocks Initiated with Ratings
A total of 22 companies received ratings from financial analysts on October 8, 2015, in a flurry of initiations from various firms. Top names included Chipotle, DISH, and Williams-Sonoma among others. The ratings varied across a range of buy, hold, and underperform designations.
Key Takeaways:
- 15 companies were initiated with a buy rating, indicating analyst expectations of growth and potential for long-term gains.
- Among the initiated companies, 5 received a buy rating from SunTrust, including McDonald's, Wendy's, and Wingstop.
- Chipotle was initiated with a buy rating by SunTrust, while DISH received a buy rating from Deutsche Bank.
- Williams-Sonoma was initiated with a hold rating by Jefferies, in contrast to other companies receiving a buy rating from the same firm.
- PTC was initiated with an overweigh rating by Pacific Crest, indicating a favorable outlook for the company's performance.
Statistics:
- 15 out of 22 companies were initiated with a buy rating (68%).
- SunTrust initiated the most buy ratings with 5 companies receiving a favorable rating.
- Deutsche Bank initiated a buy rating on DISH, while Cantor initiated buy ratings on Gannett and GCI.
- Total analyst initiations on October 8, 2015, totaled 22 companies.
- 67% of total initiations resulted in a buy rating, while 25% received a hold rating.
Sources:
- TheFlyOnTheWall.com via COMTEX
- Cantor
- Jefferies
- SunTrust
- Deutsche Bank
- Argus
- Evercore ISI
- Cowen
- Roth Capital
- Pacific Crest
- Wedbush
- BMO Capital
- JPMorgan
- Goldman