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New Stock Coverage: Sky's the Limit for Rocket Fuel


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

Lady Luck gave Mr. Market a much needed lift. A week that began with Janet Yellen being sworn in as the first female head in the history of the Fed -- a scene unimaginable a century ago when Woodrow Wilson established the organization flanked by ten other men -- ended with Dow Industrials (INDEXDJX:.DJI) advancing by triple digits in successive sessions. Mister Softee fared less well, with Microsoft (NASDAQ:MSFT) tumbling 3.4% to prop up the blue chip index. This after its new CEO, at the company since 1992, unwisely sent employees an email asking, "Who am I?" Not a smart move; 1992 was when Ross Perot's running mate asked the very same question in a vice presidential debate, and it did not go well. An utterly unloved Twitter (NYSE:TWTR) slid 16% as its CEO concluded the company's conference call by pledging to phone his mom, and mothers everywhere are up in arms against AOL Inc. (NYSE:AOL). "Will you still need me, will you still feed me when I'm sixty-four?" asked The Beatles, in the news again and as timeless as ever. For 63-year-old Jay Leno, contemplating an early retirement from NBC, the answer is, "No."

There aren't any top-tier economic reports out today. In earnings action, CNA Financial (NYSE:CNA), Hasbro (NASDAQ:HAS), and Masco (NYSE:MAS) all release results.

Aratana Therapeutics (NASDAQ:PETX): Barclays begins coverage at Overweight and assigns a price objective of $30.

CalAmp (NASDAQ:CAMP): Shares are covered with a Strong Buy and $35 target price at Midtown Partners, which cites its competitive edge in hardware pricing flexibility.

Cypress Energy Partners (NYSE:CELP): Stifel launches the limited partnership at a Buy. Its target is $26.

Dril-Quip (NYSE:DRQ): Shares get picked up at Market Perform by Cowen, whose price objective is $109.

FireEye (NASDAQ:FEYE): FEYE is a fresh Outperform with Wells Fargo.

Hertz Global (NYSE:HTZ): Credit Suisse has a new Neutral on the car rental company.

Rocket Fuel (NASDAQ:FUEL): Goldman Sachs gives the stock a bullish Buy rating and establishes a price objective of $69.

Sprint (NYSE:S): Shares are rated Equal Weight by Barclays, whose price target is $9.

Vodafone (NASDAQ:VOD): The European telecom titan gets resumed with a Buy at Goldman.

See also:

Stock Upgrades: Is This Heaven? No, It's Iowa -- Meredith Corporation a Heartland Hit

Stock Downgrades: Foul Day for Fairway
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No positions in stocks mentioned.
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