Benzinga's Top Initiations

Analysts at Stifel Nicolaus initiated coverage on Intrexon Corp XON with a Buy rating. The target price for Intrexon is set to $69. Intrexon shares closed at $49.83 on Friday. Analysts at Piper Jaffray initiated coverage of South State Corporation SSB with a Neutral rating. The target price for South State is set to $82. South State shares closed at $75.00 on Friday. Mackie Research initiated coverage on Merus Labs International Inc (USA) MSLI with a Buy rating. Merus Labs shares closed at $1.59 on Friday. Analysts at Barclays initiated coverage on SanDisk Corporation SNDK with a Equal-weight rating. The target price for SanDisk is set to $60. SanDisk shares closed at $52.69 on Friday. Analysts at Deutsche Bank initiated coverage on TerraForm Global Inc GLBL with a Hold rating. The target price for TerraForm Global is set to $10. TerraForm Global shares closed at $9.03 on Friday. Analysts at RBC Capital initiated coverage of Callon Petroleum Company CPE with a Sector Perform rating. The target price for Callon Petroleum is set to $9. Callon Petroleum shares closed at $8.71 on Friday. H.C. Wainwright initiated coverage of Galectin Therapeutics Inc GALT with a Buy rating. The target price for Galectin Therapeutics is set to $7. Galectin Therapeutics shares closed at $2.28 on Friday. Analysts at Pacific Crest initiated initiated coverage on New Relic Inc NEWR with a Overweight rating. The target price for New Relic is set to $47. New Relic shares closed at $37.64 on Friday. Morgan Stanley initiated coverage on Trimble Navigation Limited TRMB with a Equal-weight rating. The target price for Trimble Navigation is set to $20. Trimble Navigation shares closed at $17.29 on Friday. Analysts at Barclays initiated coverage on Micron Technology, Inc. MU with a Overweight rating. The target price for Micron Technology is set to $20. Micron Technology shares closed at $15.50 on Friday.