Benzinga's Top Initiations
Analysts at JMP Securities initiated coverage on shares of Apollo Residential Mortgage (NYSE: AMTG) with an “outperform” rating. Apollo Residential Mortgage's shares closed at $20.15 on Friday. Apollo Residential Mortgage's trailing-twelve-month revenue is $23.03 million.
Ascendiant Capital initiated coverage on shares of Echo Therapeutics (NASDAQ: ECTE) with a “buy” rating. Echo Therapeutics' stock closed at $1.47 on Friday. Echo Therapeutics had $5.91 million in total cash for the latest quarter.
Needham initiated coverage on shares of RDA Microelectronics (NASDAQ: RDA) with a “strong buy” rating. RDA Microelectronics's shares closed at $9.93 on Friday. RDA Microelectronics's PEG ratio is 0.59.
Raymond James initiated coverage on shares of First Community (NASDAQ: FCCO) with an “outperform” rating. First Community's shares closed at $8.39 on Friday. First Community's trailing-twelve-month operating margin is 31.14%.
Latest Ratings for AMTG
|Apr 2016||JP Morgan||Downgrades||Overweight||Neutral|
|Feb 2016||Credit Suisse||Downgrades||Outperform||Neutral|
|Aug 2015||Keefe Bruyette & Woods||Maintains||Outperform|
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.