New Ratings

By Traders Huddle | October 09, 2012 AAA

New York, October9th (TradersHuddle.com) - Following are some of the new analyst ratings before the market open.

Research Firms Initiate:

Apple (NASDAQ: AAPL) was initiated with a Neutral at Nomura.

Commerce Bancshares (NASDAQ: CBSH) was initiated with Overweight at Barclays.

Cullen/Frost Bankers (NYSE: CFR) was initiated with Underweight at Barclays.

Dell (NASDAQ: DELL) was initiated with a Sell and a target price of $8.50 at Citigroup.

EMC Corp. (NYSE: EMC) was initiated with a Neutral and a target price of $30 at Citigroup.

Hewlett-Packard (NYSE: HPQ) was initiated with a Sell and a target price of $13.50 at Citigroup.

International Business Machines (NYSE: IBM) was initiated with a Buy and a target price of $24 at Citigroup.

Lexmark International (NYSE: LXK) was initiated with a Sell and a target price of $18 at Citigroup.

NetApp (NASDAQ: NTAP) was initiated with a Neutral and a target price of $34 at Citigroup.

Nokia (NYSE: NOK) was initiated with a Neutral at Citigroup.

Synnex (NYSE: SNX) was initiated with a Neutral and a target price of $35 at Citigroup.

Vertex Pharmaceuticals (NASDAQ: VRTX) was initiated with a Buy at Deutsche Bank.

Xerox (NYSE: XRX) was initiated with a Neutral and a target price of $8 at Citigroup.

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