Benzinga's Top Initiations
Citigroup initiated coverage on shares of Childrens Place Retail Stores (NASDAQ: PLCE) with a “buy” rating. Childrens Place's shares closed at $58.82 yesterday. Childrens Place's PEG ratio is 2.24.
Wedbush Securities initiated coverage on shares of Autodesk (NASDAQ: ADSK) with a “neutral” rating. Autodesk's stock closed at $32.74 yesterday. Autodesk had $1.43 billion in total cash for the latest quarter.
Needham initiated coverage on shares of Splunk (NASDAQ: SPLK) with a “buy” rating. Splunk's shares closed at $37.81 yesterday. Splunk's trailing-twelve-month revenue is $156.05 million.
Credit Suisse initiated coverage on shares of Cognizant Technology Solutions (NASDAQ: CTSH) with a “neutral” rating. Cognizant's shares closed at $70.04 yesterday. Cognizant's trailing-twelve-month ROE is 23.94%.
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