Benzinga's Top Initiations

JMP Securities initiated coverage on shares of Zynga ZNGA with an “outperform” rating. Zynga's shares closed at $2.97 yesterday. Zynga's trailing-twelve-month revenue is $1.27 billion. Jefferies initiated coverage on shares of PROLOR Biotech PBTH with a “buy” rating. PROLOR Biotech's stock closed at $4.75 yesterday. PROLOR Biotech had $42.45 million in total cash for the latest quarter. Janney Capital initiated coverage on shares of iGATE IGTE with a “neutral” rating. iGATE's shares closed at $16.48 yesterday. iGATE's trailing-twelve-month ROE is 12.95%. UBS initiated coverage on shares of Targa Resources TRGP with a “buy” rating. Targa Resources' shares closed at $44.18 yesterday. Targa Resources' PEG ratio is 2.74.