Benzinga's Top Initiations
Analysts at JP Morgan initiated coverage on shares Lam Research (NASDAQ: LRCX) with an “overweight” rating. The target price for Lam Research is set to $65. Lam Research's shares closed at $52.83 on Friday.
Guggenheim Securities initiated coverage on shares of Five Prime Therapeutics (NASDAQ: FPRX) with a “buy” rating. The target price for Five Prime Therapeutics is set to $20. Five Prime Therapeutics' shares closed at $13.19 on Friday.
Analysts at JMP Securities initiated coverage on shares Acceleron (NASDAQ: XLRN) with a “market outperform” rating. The target price for Acceleron is set to $32. Acceleron's stock closed at $22.12 on Friday.
Deutsche Bank initiated coverage on shares of Discover Financial Services (NYSE: DFS) with a “buy” rating. The target price for Discover Financial Services is set to $62. Discover Financial's shares closed at $51.78 on Friday.
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