Analyst initiations: MHP, CRIS, DPS, CQB, IRM and AZDDF

Filed under: Analyst reports, McGraw-Hill Companies (MHP), Analyst initiations

MOST NOTEWORTHY:

• Jefferies initiated McGraw-Hill (NYSE: MHP) with a Buy rating and $49 target. The firm believes the downturn in credit markets has already been fully priced into shares and expects the stock to gain momentum throughout 2008 in anticipation of liquidity returning to credit markets.
  


• RBC Capital initiated Curis (NASDAQ: CRIS) with an Outperform rating and $2.50 target based on the company's partnership with Genentech (NYSE: DNA) and potential upside from its pipeline.
  


• Merriman started Azure Dynamics (OTC: AZDDF) with a Buy rating. The firm believes the company's focus is where customers see the most benefit from a medium-duty hybrid or market-appropriate solutions and finds the stock attractively valued.

• Dr. Pepper Snapple (NYSE: DPS) was assumed with a Market Perform rating at Wachovia.
  


• Morgan Stanley started Chiquita Brands (NYSE: CQB) with an Equal Weight rating.
  


• Credit Suisse initiated Iron Mountain (NYSE: IRM) with a Neutral rating and $34 target.

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