Benzinga's Top Initiations

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Analysts at Deutsche Bank initiated coverage on shares of Blackstone Mortgage Trust
BXMT
with a “buy” rating. The target price for Blackstone Mortgage Trust is set to $29.50. Blackstone Mortgage Trust's shares closed at $25.24 yesterday. Bank of America initiated coverage on shares of Ubiquiti Networks
UBNT
with a “buy” rating. The target price for Ubiquiti Networks is set to $21. Ubiquiti's shares closed at $20.07 yesterday. Wedbush initiated coverage on shares of PTC Therapeutics
PTCT
with an “outperform” rating. The target price for PTC Therapeutics is set to $55. PTC Therapeutics' stock closed at $16.57 yesterday. Analysts at Miller Tabak initiated coverage on shares of Diamondback Energy
FANG
with a “buy” rating. The target price for Diamondback Energy is set to $43. Diamondback Energy's shares closed at $37.71 yesterday.
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