MutualFundWire.com: Analysts Rush to Cover Artisan
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Tuesday, April 2, 2013

Analysts Rush to Cover Artisan


Launch an IPO and they will come.

It has been less than a month since Artisan pulled the trigger on March 7th for its IPO, and there are already six analysts covering the firm.

For example, Litman Gregory's team declared on March 22 that it wasn't worried that the IPO would hard Artisan's investing chops.

The StreetInsider reports that Goldman Sachs initiated coverage of the firm with a "Neutral" rating.

Benzinga says that Bank of America did the same, also with a "Neutral" rating.

Meanwhile, Citigroup's William Katz urged a "Buy" for the stock, according to Barron's.

Keefe Bruyette launched its own coverage with a "market perform" rating, according to Zolmax and FlyInTheWall.Com.

Finally, Sandler O'Neill launched coverage with a "Buy" rating according to Utah People's Post, and AnalystRatings.Net.


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