Benzinga's Top Initiations

Deutsche Bank initiated coverage on Dr.Reddy's Laboratories Ltd (ADR) RDY with a Sell rating. Dr.Reddy's Laboratories shares closed at $48.04 on Tuesday. Analysts at Cowen & Company initiated initiated coverage on Hydrogenics Corporation (USA) HYGS with a Market Perform rating. The target price for Hydrogenics is set to $13. Hydrogenics shares closed at $11.54 on Tuesday. Analysts at Deutsche Bank initiated coverage on Parsley Energy Inc PE with a Buy rating. The target price for Parsley Energy is set to $24. Parsley Energy shares closed at $19.76 on Tuesday. Analysts at Dougherty & Company initiated coverage of Callidus Software Inc. CALD with a Buy rating. The target price for Callidus Software is set to $26. Callidus Software shares closed at $20.62 on Tuesday. Deutsche Bank initiated coverage on Diamondback Energy Inc FANG with a Buy rating. The target price for Diamondback Energy is set to $94. Diamondback Energy shares closed at $78.20 on Tuesday. Chardan Capital initiated coverage of Ritter Pharmaceuticals Inc RTTR with a Buy rating. The target price for Ritter Pharmaceuticals is set to $3. Ritter Pharmaceuticals shares closed at $2.20 on Tuesday. Deutsche Bank initiated coverage on Novocure Ltd NVCR with a Hold rating. The target price for Novocure is set to $28. Novocure shares closed at $24.07 on Tuesday.