Equity Briefing: Stock Analysts' New Coverage for July 12th: CRM, FNSR, JDSU, PVH

Equities research analysts initiated coverage on a number of stocks today, as reported by Analyst Ratings Network: Arris Group, Inc. (NASDAQ: ARRS) is now covered by analysts at Maxim Group. They set a "buy" rating and a $17.00 price target on the stock. Callidus Software Inc. (NASDAQ: CALD) is now covered by analysts at ThinkEquity. They set a "buy" rating on the stock. Corcept Therapeutics Incorporated (NASDAQ: CORT) is now covered by analysts at Bank of America...

Equities research analysts initiated coverage on a number of stocks today, as reported by Analyst Ratings Network:

Arris Group, Inc. (NASDAQ: ARRS) is now covered by analysts at Maxim Group. They set a "buy" rating and a $17.00 price target on the stock.

Callidus Software Inc. (NASDAQ: CALD) is now covered by analysts at ThinkEquity. They set a "buy" rating on the stock.

Corcept Therapeutics Incorporated (NASDAQ: CORT) is now covered by analysts at Bank of America. They set an "underperform" rating on the stock.

Salesforce.com (NYSE: CRM) is now covered by analysts at ThinkEquity. They set a "buy" rating and a $155.00 price target on the stock.

Cornerstone OnDemand (NASDAQ: CSOD) is now covered by analysts at ThinkEquity. They set a "buy" rating on the stock.

Echo Therapeutics (NASDAQ: ECTE) is now covered by analysts at Wunderlich. They set a "hold" rating and a $1.75 price target on the stock.

Ellie Mae (NASDAQ: ELLI) is now covered by analysts at ThinkEquity. They set a "buy" rating on the stock.

Emcore Corporation (NASDAQ: EMKR) is now covered by analysts at FBR Capital. They set an "outperform" rating and a $6.50 price target on the stock.

Emcore Corporation (NASDAQ: EMKR) is now covered by analysts at Needham & Company. They set a "buy" rating on the stock.

FLIR Systems, Inc. (NASDAQ: FLIR) is now covered by analysts at Drexel Hamilton. They set a "buy" rating and a $22.00 price target on the stock.

Fabrinet Ordinary (NYSE: FN) is now covered by analysts at Needham & Company. They set a "hold" rating on the stock.

Finisar (NASDAQ: FNSR) is now covered by analysts at Needham & Company. They set a "hold" rating on the stock.

First Industrial Realty Trust Inc (NYSE: FR) is now covered by analysts at Stifel Nicolaus. They set a "hold" rating and a $50.00 price target on the stock.

Great Plains Engy (NYSE: GXP) is now covered by analysts at Ladenburg Thalmann. They set a "buy" rating on the stock.

Harmonic (NASDAQ: HLIT) is now covered by analysts at Maxim Group. They set a "hold" rating on the stock.

HeartWare (NASDAQ: HTWR) is now covered by analysts at Goldman Sachs. They set a "neutral" rating on the stock.

JDS Uniphase Co. (NASDAQ: JDSU) is now covered by analysts at Needham & Company. They set a "hold" rating on the stock. They noted that the move was a valuation call.

Micros Systems Inc (NASDAQ: MCRS) is now covered by analysts at Compass Point. They set a "neutral" rating and a $50.00 price target on the stock.

Melco Crown Entertainment Limited (NASDAQ: MPEL) is now covered by analysts at Janney Montgomery Scott. They set a "buy" rating on the stock.

NetSuite Inc. (NYSE: N) is now covered by analysts at ThinkEquity. They set a "hold" rating on the stock.

Neophotonics Corp. (NASDAQ: NPTN) is now covered by analysts at Needham & Company. They set a "hold" rating on the stock.

Novadaq Technologies Inc. (NASDAQ: NVDQ) is now covered by analysts at Wunderlich. They set a "hold" rating and a $8.00 price target on the stock.

Oclaro, Inc. (NASDAQ: OCLR) is now covered by analysts at Needham & Company. They set a "hold" rating on the stock.

Pacific Drilling S (NASDAQ: PACD) is now covered by analysts at Global Hunter Securities. They set a "buy" rating and a $12.00 price target on the stock.

Verifone (NYSE: PAY) is now covered by analysts at Compass Point. They set a "neutral" rating and a $38.00 price target on the stock.

Pharmacyclics, Inc. (NASDAQ: PCYC) is now covered by analysts at Sanford C. Bernstein. They set a "market perform" rating and a $51.00 price target on the stock. They noted that the move was a valuation call.

Phillips-Van Heusen (NYSE: PVH) is now covered by analysts at Lazard Capital. They set a "buy" rating on the stock.

Questcor Pharmaceuticals, Inc. (NASDAQ: QCOR) is now covered by analysts at Bank of America. They set a "buy" rating and a $60.00 price target on the stock.

Ubiquiti Networks (NASDAQ: UBNT) is now covered by analysts at Capstone. They set a "buy" rating and a $18.00 price target on the stock.

Valeant Pharmaceuticals (NYSE: VRX) is now covered by analysts at Goldman Sachs. They set a "neutral" rating on the stock.

Wabash National Co. (NYSE: WNC) is now covered by analysts at FBR Capital. They set an "outperform" rating and a $9.00 price target on the stock.

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