Benzinga's Top Initiations

Analysts at Stifel Nicolaus initiated coverage on Barracuda Networks Inc CUDA with a Buy rating. The target price for Barracuda Networks is set to $36. Barracuda Networks shares closed at $24.61 on Monday. Analysts at Roth Capital initiated coverage on Inuvo Inc INUV with a Buy rating. The target price for Inuvo is set to $4.50. Inuvo shares closed at $2.71 on Monday. Analysts at Stifel Nicolaus initiated coverage on Paylocity Holding Corp PCTY with a Buy rating. The target price for Paylocity Holding is set to $40. Paylocity Holding shares closed at $29.21 on Monday. Sidoti & Co. initiated coverage on InterDigital, Inc. IDCC with a Buy rating. The target price for InterDigital is set to $65. InterDigital shares closed at $47.84 on Monday. Analysts at Stifel Nicolaus initiated initiated coverage on Qualys Inc QLYS with a Hold rating. Qualys shares closed at $28.48 on Monday. Analysts at Sterne Agee CRT initiated coverage of GoPro Inc GPRO with a Buy rating. The target price for GoPro is set to $45. GoPro shares closed at $29.67 on Monday.