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Mar. 23--ANALYSTS BUSY WITH LOCAL COMPANIES: Coverage was initiated by Homestore.com (Nasdaq: HOMS) in Westlake Village by Prudential at a strong buy rating with a price target of $32, according to Briefing.com. Shares of Homestore.com gained 36 cents to close at $19.94 Thursday. Prudential believes Homestore.com's strategic alliances with key industry players will help it build a fortress around its business and help it sustain a competitive advantage, Briefing.com reported.
VITESSE SEMICONDUCTOR INC. (Nasdaq: VTSS) in Camarillo was downgraded by Robertson Stephens from a strong buy to a long-term attractive rating.
Despite that, Vitesse rose $6.12, or …