Benzinga's Top Initiations
Analysts at Atlantic Equities initiated coverage on shares of Red Hat (NYSE: RHT) with a “neutral” rating. Red Hat's shares closed at $50.27 yesterday. Red Hat's trailing-twelve-month revenue is $1.22 billion.
RBC Capital initiated coverage on shares of LifeLock (NYSE: LOCK) with an “outperform” rating. LifeLock's stock closed at $7.00 yesterday. LifeLock had $62.84 million in total cash for the recent quarter.
Deutsche Bank initiated coverage on shares of Spreadtrum Communications (NASDAQ: SPRD) with a “buy” rating. Spreadtrum's shares closed at $22.70 yesterday. Spreadtrum's trailing-twelve-month operating margin is 17.31%.
Analysts at KeyBanc Capital initiated coverage on shares of Luxfer Holdings PLC (NYSE: LXFR) with a “buy” rating. Luxfer's shares closed at $10.70 yesterday. Luxfer's trailing-twelve-month profit margin is 8.87%.
Latest Ratings for RHT
|Jul 2016||Morgan Stanley||Downgrades||Overweight||Equal Weight|
|Apr 2016||Pacific Crest||Upgrades||Sector Weight||Overweight|
|Mar 2016||Bank of America||Maintains||Neutral|
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