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New Stock Coverage: Big Banks Reduced to Clipping Coupons.com

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

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To cure long-windedness, head to the Windy City. Janet Yellen, who so unsettled the markets with a recent D.C. appearance full of words like "uh," "um," "probably," and "you know," got her act together in Chicago. As a result of a speech there that said simply stimulus would continue for "some time," the Dow (INDEXDJX:.DJI) enjoyed an excellent end to a troubled quarter. The Nasdaq Biotechnology Index (NASDAQ:IBB) imploded 11% in March for its worst month since, yes, the flash-crash month of May 2010. (Like Mike needed any more publicity yesterday.) Fannie and Freddie, the subject of a kill bill on Capitol Hill, rose a respective 9.24% and 8.73%, respectively, as Bill Ackman boosted his stake in both. His fellow hedge-fund-heavy David Einhorn had a more mixed day. His beloved Mets lost their season opener -- misery loves company at a rainy Citi (NYSE:C) Field -- but his big bet on Micron Technology (NASDAQ:MU) surged 7.99% to top the S&P 500 Index (INDEXSP:.INX).
 
Today's economic data include construction spending for February and March's Institute for Supply Management index, each out at 10:00 a.m. Eastern. On the earnings front, Apollo Education Group (NASDAQ:APOL) releases results.
 
Aquinox Pharmaceuticals (NASDAQ:AQXP): Jefferies starts the stock at a Buy. Its price objective is $17.
 
American Eagle Energy (NYSEMKT:AMZG): Shares are begun with a Buy and $14 target price with Wunderlich, which cites lower costs and increased efficiency.
 
Coupons.com (NYSE:COUP): Bank of America-Merrill Lynch launches Buy-rated research ($30 target) but it only rates a Neutral at Goldman Sachs ($21) and a Sector Perform at RBC Capital ($28.)
 
Delta Apparel (NYSEMKT:DLA): The stock gets initiated with a Buy at Ascendiant Capital Markets, whose target is $25.
 
Extreme Networks (NASDAQ:EXTR): Shares are a Buy at Wunderlich, which cites a compelling valuation.
 
HealthSouth (NYSE:HLS): Barclays begins the stock at Equal Weight.
 
Piper Jaffray (NYSE:PJC): The stock is picked up at Neutral by Susquehanna, whose objective is $41.
 
Qlik Technologies (NASDAQ:QLIK): Shares are an Outperform at Macquarie.
 
RetailersCostco (NASDAQ:COST) and Home Depot (NYSE:HD) are both begun with a Buy at Ameriprise.
 
Splunk (NASDAQ:SPLK): Shares are an Outperform ($90 target) at Macquarie, which cites its preeminent position in Operational Intelligence.
 
3D Printing Stocks: UBS starts Stratasys (NASDAQ:SSYS) at a Buy and assigns a new Neutral on competitor 3D Systems (NYSE:DDD). Its respective price objectives are $125 and $62.

Also see:

Stock Downgrades: Alaska Air Hit After Putin Annexes Its Home State
 
Stock Upgrades: April Fools Rush Into Rush Enterprises
No positions in stocks mentioned.
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