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Benzinga's Top Initiations

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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%.

Latest Ratings for PLCE

DateFirmActionFromTo
Aug 2016CitigroupMaintainsNeutral
May 2016Goldman SachsUpgradesNeutralBuy
May 2016OppenheimerDowngradesOutperformPerform

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Posted-In: Top InitiationsInitiation Analyst Ratings

 

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