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Benzinga's Top Initiations

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Analysts at Benchmark initiated coverage on shares of Glu Mobile (NASDAQ: GLUU) with a “hold” rating. The target price for Glu Mobile is set to $2.42. Glu Mobile's shares closed at $2.31 yesterday.

Brean Capital initiated coverage on shares of Movado Group (NYSE: MOV) with a “buy” rating. The target price for Movado Group is set to $44. Movado Group's shares closed at $36.58 yesterday.

RBC Capital initiated coverage on shares of Semtech (NASDAQ: SMTC) with an “outperform” rating. The target price for Semtech is set to $40. Semtech's stock closed at $28.82 yesterday.

Analysts at Morgan Stanley initiated coverage on shares of Freescale Semiconductor (NYSE: FSL) with an “underweight” rating. The target price for Freescale Semiconductor is set to $14. Freescale's shares closed at $14.39 yesterday.

Posted-In: Top InitiationsInitiation Analyst Ratings

 

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