Benzinga's Top Initiations

Analysts at Jefferies initiated coverage on shares of Woodward

with a “hold” rating. Woodward's shares closed at $32.90 yesterday. Woodward's trailing-twelve-month revenue is $1.83 billion. JMP Securities initiated coverage on shares of Workday

with an “outperform” rating. Workday's shares closed at $48.07 yesterday. Workday had $122.65 million in total cash for the recent quarter. Wedbush initiated coverage on shares of Cree

with an “outperform” rating. Cree's stock closed at $31.46 yesterday. Cree's PEG ratio is 1.91. Analysts at Stifel Nicolaus initiated coverage on shares of Abaxis

with a “buy” rating. Abaxis' shares closed at $36.10 yesterday. Abaxis' trailing-twelve-month operating margin is 11.56%.