Benzinga's Top Initiations

Citigroup initiated coverage on shares of Childrens Place Retail Stores 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 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 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 CTSH with a “neutral” rating. Cognizant's shares closed at $70.04 yesterday. Cognizant's trailing-twelve-month ROE is 23.94%.