Benzinga's Top Initiations
JMP Securities initiated coverage on shares of Zynga (NASDAQ: 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 (AMEX: 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 (NASDAQ: 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 (NYSE: TRGP) with a “buy” rating. Targa Resources' shares closed at $44.18 yesterday. Targa Resources' PEG ratio is 2.74.
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