Wall Street Journal Recognizes Piper Jaffray Equity Research Analysts in the 2008 Best on the Street Analysts Survey
20 May 2008 - 11:00PM
Business Wire
Piper Jaffray equity research analysts took top honors in the Wall
Street Journal�s 2008 Best on the Street Analysts Survey. Four
equity research analysts were recognized with five awards in this
year�s survey, resulting in a 14th place ranking overall for Piper
Jaffray. This year, the Wall Street Journal chose 220 award winners
in 45 industry groups from more than 1,700 eligible analysts. The
top five stock pickers in each industry were ranked based on their
recommendation-performance scores for 2007, while firms were ranked
according to the total number of awards their analysts earned in
the survey. The 2008 Best on the Street analysts from Piper Jaffray
include: Jeff Klinefelter, ranked No. 3 in the Clothing &
Accessories sector Mark Marostica, ranked No. 4 in the Specialty
Retailers & Services sector Jesse Pichel, ranked No. 1 and No.
3 in the Electronic & Electrical Equipment and
Semiconductor-Equipment Mfg. sectors, respectively Caroline
Stewart, ranked No. 4 in the Biotechnology sector This is
Klinefelter�s second appearance in the annual survey. Klinefelter,
who joined Piper Jaffray in 1997, follows retail companies focusing
on specialty retailing, youth/teens, mass merchandising, and
apparel and footwear brands. Marostica appears as a Best on the
Street analyst for the third time. He covers outsourcing and
learning services companies for Piper Jaffray, including IT
services and business process outsourcing, postsecondary education,
K-12, and professional development companies. Pichel makes his
first appearance as a Best on the Street analyst and was also
featured in the �Top Guns� Top Picks in 2007� ranking, which
encompasses the best recommendations of the 10 top-performing No. 1
analysts in this year�s survey. His best call was a buy rating for
seven months last year on Hoku Scientific Inc., which placed him
second in the ranking. Pichel covers clean technology and
renewables with a focus on solar power, and has been recognized by
StarMine as a top equity research analyst in the semiconductors and
semiconductor equipment, and electrical equipment industries.
Stewart also makes her first appearance as a Best on the Street
analyst in this year�s survey and focuses on companies in the
biotechnology sector at Piper Jaffray. �This recognition is a great
example of how our investment research team is fully dedicated to
continually providing Piper Jaffray clients with proprietary and
unique research, as well as high-quality stock analysis across
various industries,� said Joel Denney, head of investment research
at Piper Jaffray. About Piper Jaffray Piper Jaffray Companies is a
leading, international middle-market investment bank and
institutional securities firm, serving the needs of middle-market
corporations, private equity groups, public entities, nonprofit
clients and institutional investors. Founded in 1895, Piper Jaffray
provides a comprehensive set of products and services, including
equity and debt capital markets products; public finance services;
mergers and acquisitions advisory services; high-yield and
structured products; institutional equity and fixed-income sales
and trading; and equity and high-yield research. With headquarters
in Minneapolis, Piper Jaffray has 25 offices across the United
States and international locations in London, Hong Kong, and
Shanghai. Piper Jaffray & Co. is the firm's principal operating
subsidiary. (NYSE: PJC) (http://www.piperjaffray.com) Since 1895.
Member SIPC and FINRA. � 2008 Piper Jaffray & Co., 800 Nicollet
Mall, Suite 800, Minneapolis, Minnesota 55402-7020
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