Benzinga's Top Initiations
Analysts at Jefferies initiated coverage on shares of Palo Alto Networks (NYSE: PANW) with a “hold” rating. Palo Alto's shares closed at $52.35 yesterday. Palo Alto's trailing-twelve-month revenue is $283.96 million.
Sterne Agee initiated coverage on shares of E*TRADE Financial (NASDAQ: ETFC) with a “buy” rating. E*TRADE's shares closed at $9.49 yesterday. E*TRADE's trailing-twelve-month operating margin is 11.11%.
Credit Suisse initiated coverage on shares of Endocyte (NASDAQ: ECYT) with an “outperform” rating. Endocyte's stock closed at $9.32 yesterday. Endocyte had $189.43 million in total cash for the latest quarter.
Analysts at JMP Securities initiated coverage on shares of PROS Holdings (NYSE: PRO) with an “outperform” rating. PROS' shares closed at $18.15 yesterday. PROS' PEG ratio is 1.85.
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