Benzinga's Top Initiations
Analysts at JMP Securities initiated coverage on shares of Palo Alto Networks (NYSE: PANW) with an “outperform” rating. Palo Alto's shares closed at $60.60 yesterday. Palo Alto's trailing-twelve-month revenue is $255.14 million.
Cowen initiated coverage on shares of Quidel (NASDAQ: QDEL) with a “neutral” rating. Quidel's stock closed at $18.96 yesterday. Quidel had $19.88 million in total cash for the latest quarter.
ThinkEquity initiated coverage on shares of Tyler Technologies (NYSE: TYL) with a “buy” rating. Tyler Technologies' shares closed at $44.36 yesterday. Tyler Technologies' trailing-twelve-month ROE is 28.42%.
Analysts at JP Morgan initiated coverage on shares of DealerTrack Holdings (NASDAQ: TRAK) with an “overweight” rating. DealerTrack's shares closed at $28.01 yesterday. DealerTrack's PEG ratio is 1.63.
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