CRT Research

CRT on Tuesday initiated coverage on ORBCOMM Inc (NASDAQ: ORBC) with a Buy rating and $9 price target. Analysts Brian Ruttenbur and Corey Allen felt that ORBCOMM is “extremely well-positioned for growth” in the Machine-to-Machine (M2M) market as a leading provider with “...

In a report published Tuesday, CRT Research analyst Neil Doshi upgraded the rating on Zulily (NASDAQ: ZU) from Fair Value to Buy, and reiterated a $41.00 price target. In the report, CRT Research noted, “ZU shares closed last Friday at $32.80, representing a 16% sell-off since 2Q earnings on August...