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New Stock Coverage: Bull Run Done on Dunkin Brands Group Inc?


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

Nasdaq (^IXIC) will never again party like it's 1999, that remarkable year when the index advanced an other-worldly 86%, so long as it remains utterly at the mercy of the horror-inducing HAL computers of 2001. (Just in case his electronic heirs are now about to come after me, let it be said that I have nothing against iRobot (NASDAQ:IRBT), which surged an impressive 4.01% even as the market is calls home was in meltdown mode.) "Technical difficulties," that old standby that hides a multitude of sins, was blamed as $5.7 trillion in equities was frozen for three hours and 11 minutes.

There was no end of Greifeld for Bob, then, but his bourse's key component Yahoo (NASDAQ:YHOO) jumped 3.10% to again send Marissa Mayer laughing all the way to the bank. (Hear her geeky guffaws, if you must.) While Nasdaq's clock was stuck at 12:14:03 for what seemed like an eternity, over on the NYSE, much-praised Movado (NYSE:MOV) moved up 5.82% to hit the highest level in its history. If their Museum watches aren't accurate enough for you, the future is already here and its ticks are apparently accurate to under two parts per quintillion. For better and worse, there is no stopping technology's march.

This morning in economics, analysts expect to see a slight slippage in July new home sales at 10:00 a.m. Eastern. On the earnings front, Ann Inc (NYSE:ANN), Destination XL Group (NASDAQ:DXLG), Foot Locker (NYSE:FL), and Hibbett Sports (NASDAQ:HIBB) are the pick of a quiet Friday for quarterly results.

Apricus Biosciences (NASDAQ:APRI): Cantor Fitzgerald covers the drug stock with a Hold.

BancorpSouth, Inc. (NYSE:BXS): The regional financial firm is a fresh Outperform at RBC Capital Markets.

Dunkin Brands Group Inc (NASDAQ:DNKN): America "runs on Dunkin'" but after a 50.57% increase in the past year, bulls are taking a breather on its stock. The donuts and coffee king is only rated a Neutral at Northcoast.

First Bancorp (NYSE:FBP): Shares are assigned an Outperform at Credit Suisse.

Hancock Holding (NASDAQ:HBHC): RBC Capital starts Sector Perform-rated research on HBHC.

NRG Yield (NYSE:NYLD): The electric utility name is a new Hold at KeyBanc Capital Markets.

RMG Networks (NASDAQ:RMGN): Roth Capital resumes the business services stock with a Buy recommendation and $14 price objective.

(See also: Stock Upgrades: Autodesk, Inc. Is Sitting Pretty and Stock Downgrades: Guess?, Inc. Not Dressing Enough Families in Corduroy and Denim.)
No positions in stocks mentioned
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