Benzinga's Top Initiations
Analysts at Canaccord initiated coverage on shares of RDA Microelectronics (NASDAQ: RDA) with a “buy” rating. RDA Microelectronics' shares closed at $9.90 yesterday. RDA Microelectronics' PEG ratio is 0.61.
Goldman Sachs initiated coverage on shares of CIENA (NASDAQ: CIEN) with a “neutral” rating. CIENA's stock closed at $17.82 yesterday. CIENA's trailing-twelve-month revenue is $1.79 billion.
Jefferies initiated coverage on shares of OraSure Technologies (NASDAQ: OSUR) with a “buy” rating. OraSure's shares closed at $9.75 yesterday. OraSure had $22.81 million in total cash for the latest quarter.
Wells Fargo initiated coverage on shares of Atlas Resource Partners LP (NYSE: ARP) with a “market perform” rating. Atlas Resource Partners' shares closed at $26.90 yesterday. Atlas Resource Partners' trailing-twelve-month operating margin is 17.32%.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.