Benzinga's Top Initiations

Bank of America initiated coverage on shares of Twitter TWTR with an “underperform” rating. The target price for Twitter is set to $36. Twitter's shares closed at $41.57 on Friday. Piper Jaffray initiated coverage on shares of Endocyte ECYT with an “overweight” rating. The target price for Endocyte is set to $17. Endocyte's shares closed at $11.54 on Friday. Analysts at Deutsche Bank initiated coverage on shares of Norcraft NCFT with a “hold” rating. The target price for Norcraft is set to $18.50. Norcraft's shares closed at $17.70 on Friday. Analysts at JP Morgan initiated coverage on shares of Wix.com WIX with an “overweight” rating. The target price for Wix.com is set to $32. Wix.com's shares closed at $20.50 on Friday.