New Stock Coverage: Is the New York Times a Paper Tiger?

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The World Series is over, but Beantown and St. Louis continue hitting home runs for US stocks. Markets rose again, inspired by an upgrade-related 2.39% rise in Boston Beer ( SAM ) and favorable comments from Show-Me State Fed head James Bullard, who is sending some ale Sam Malone's way after losing his baseball bet . It was a tale of two Teutons as Alcoa's ( AA ) Klaus Kleinfeld saw his stock, recently booted from the Dow (INDEXDJX:.DJI), surge some 7.01%. This as BlackBerry ( BBRY ) bid Thorsten Heins adieu by shaving 16.41% off his exorbitant-enough exit package. Over in Germany itself, a hoarder's paradise revealed an astonishing treasure trove of Nazi-looted art . With clutter apparently in again - a new cartoon in The New Yorker suggested organization is overrated - the Container Store ( TCS ) - up 101.11% on its Friday debut - fell back down to earth with a 2.35% tumble. And stock in banana behemoth Chiquita Brands ( CQB ) slumped 1.61%. If you think that was scary, then along came a spider .

In terms of events that may move US markets this morning, today at 10:00 a.m. Eastern, economists call for a fall in The Institute for Supply Management's September services index. Regarding specific stocks, expect quarterly earnings announcements out of AOL Inc. (AOL), BMW Group (OTCMKTS:BAMXY), CVS Caremark (CVS), LiveNation Entertainment (LYV), Michael Kors (KORS), Mosaic (MOS), OpenTable (OPEN), Sturm Ruger (RGR), Tesla Motors (TSLA), T-Mobile (TMUS), Twenty-First Century Fox (FOXA), and Zillow (Z).

Advertising & Media : FBR Capital has Market Performs on Meredith (MDP) and News Corp (NWSA), assigning respective price objectives of $49 and $18.50. It establishes Outperforms on USA Today owner Gannett (GCI), Lamar Advertising (LAMR) ($57 target price), and Valassis (VCI) ($29).

Coca-Cola FEMSA (KOF): Barclays begins the Mexican bottler at an Equal Weight. Its objective is $140.

FactSet (FDS): Financial information provider FDS is a fresh Equal Weight at Barclays, whose target is $115.

Hancock Holding (HBHC): Evercore has an Equal Weight on HBHC.

Lpath (LPTN): The small cap gets launched with a Buy and $13 target MLV & Co, which says its potential wet Macular Degeneration treatment iSONEP has promise.

New York Times (NYT): The New York Times stock is a new Outperform ($13 target) at FBR Capital. The New York Times' successful digital subscription model and revenue stream are somewhat mitigated by paywall issues, in the bank's view.

Regal Entertainment (RGC): Regal Entertainment is initiated with a Market Perform at FBR Capital. Over the past year, stock in Regal Entertainment has returned roughly 23%.

Superior Energy (SPN): Shares are begun with a Buy at Deutsche Bank.

Thomson Reuters (TRI): The stock is an Equal Weight at Barclays, whose target is $40.

TV Shopping Sector : FBR Capital has a Market Perform and $58 target price on Home Shopping Network pioneer HSN, Inc. (HSNI). It is more optimistic on Liberty Ventures (LVNTA), initiated with an Outperform and $140 objective.

Twitter (NYSE: TWTR ): Twitter stock , whose highly anticipated initial public offering is almost upon us, is initiated with a Buy at CRT Capital. Twitter recently increased the top end of its expected IPO range to $25 per share.

(See also: Stock Upgrades: HSBC Holdings Rides The Asian Tiger and Stock Downgrades: Troubled Times for Kellogg's Tony the Tiger )



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Stocks

Referenced Stocks: AA , BBRY , CQB , SAM , TCS

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