Robert W. Baird & Co. Inc. senior research analyst Colin Sebastian has initiated research coverage of Internet and interactive entertainment companies. Other technologies covered include software and services, semiconductor components, IT systems and networking and wireless communications.
“This is an important addition to our technology coverage,” said Robert J. Venable, director of equities, in a statement. “Colin joins Baird with leading experience in this rapidly growing industry.”
Amazon (AMZN), eBay Inc. (EBAY), Shutterfly (SFLY) and Liquidity Services (LQDT) initiated with outperform ratings, while DigitalRiver, Inc. (DRIV) initiated with neutral ratings.