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New Stock Coverage: First Day of Spring Too Late to Enjoy Aruba


Wall Street ratings agencies set the tone for today's stock market.

I'll still take her over Russia's equivalent any day -- Mr. Putin can keep his Elvira, Mistress of the Dark -- but yesterday Janet Yellen did endure a decidedly difficult debut as Fed head. Dow Industrials (INDEXDJX:.DJI) swiftly dropped by triple digits after she spoke a muddled message. Clearly, Ms. Yellen is taking communications lessons from her fellow Brooklynite Shoshanna. (Hey, as the first rule of journalism is "Sho, don't tell," I have some sympathy.) Among stocks on the move, Munich motormouth Bayerische Motoren Werke (OTCMKTS:BAMXY) -- that's BMW for those of us who can't afford its $10 words -- bucked the Fed's ineffectual jawboning by surging 5.79% to the highest level in its history. With ego-swelling gains like those, I fear that its owners may eventually become total jerks. Margaret Thatcher, who always knew how to put the Germans in their place, could at least take some celestial solace in the showing of Rolls-Royce (OTCMKTS:RYCEY). The company she put on a road to riches in the '80s bucked a remorseless tide of red ink elsewhere, advancing 0.25% on a broker boost.
Today in economics, February existing home sales and leading indicators, along with the Philadelphia Fed index for March, are all out at 10:00 a.m. Eastern. Expect corporate earnings announcements from ConAgra Foods (NYSE:CAG), Lennar Homes (NYSE:LEN), and Nike (NYSE:NKE).
Aruba Networks (NASDAQ:ARUN): This endless winter finally finishes, folks, today at 12:57 p.m. Eastern, and with it the prime time to visit the Caribbean has passed. Or at least Aruba, which is assigned only a lukewarm Neutral at Macquarie. The target price is $22.
Charles River (NYSE:CRL): KeyBanc Capital Markets has a Hold on CRL.
ComScore (NASDAQ:SCOR): Shares are begun with a Buy recommendation and $40 price objective at Brean Capital, which says DoubleClick's ad server could be beneficial to ComScore's growth.
MicroStrategy (NASDAQ:MSTR): The stock is a new Neutral at B. Riley & Co, whose target is $130.
Recro Pharma (NASDAQ:REPH): Brean Capital begins a Buy and $26 objective on the equity amid potential for its principal product Dex-IN, an intranasal alpha-2 agonist to treat post-operative pain.
Ruckus Wireless (NYSE:RKUS): RKUS gets resumed with an Outperform at Macquarie.
Semiconductor StocksApplied Materials (NASDAQ:AMAT) and Lam Research (NASDAQ:LRCX) are both begun with Buys at Nomura.
ZIOPHARM (NASDAQ:ZIOP): Mizuho assigns a Buy, and $11 objective, on a small-cap company it says offers promise in oncology-related synthetic biology technologies.

Also see:

Stock Upgrades: From Russia With Love? Yum Brands Is Good Enough for Gorbachev

Stock Downgrades: Analyst Is So Over Under Armour
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No positions in stocks mentioned.
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