Benzinga's Top Initiations

Analysts at Clarkson Platou initiated coverage of Barrick Gold Corporation (USA) ABX with a Neutral rating. Barrick Gold shares closed at $12.25 on Friday. Analysts at Citigroup initiated coverage on Brown & Brown, Inc. BRO with a Neutral rating. Brown & Brown shares closed at $31.37 on Friday. Rodman & Renshaw initiated coverage on Valeant Pharmaceuticals Intl Inc VRX with a Buy rating. The target price for Valeant Pharmaceuticals is set to $150. Valeant Pharmaceuticals shares closed at $88.39 on Friday. Analysts at Clarkson Platou initiated coverage on Newmont Mining Corp NEM with a Buy rating. Newmont Mining shares closed at $25.78 on Friday. Analysts at Piper Jaffray initiated coverage on Shopify Inc SHOP with a Overweight rating. Shopify shares closed at $19.33 on Friday. Topeka Capital initiated coverage on Broadcom Limited AVGO with a Hold rating. Avago Technologies shares closed at $121.66 on Friday. Analysts at Clarkson Platou initiated coverage on Franco-Nevada Corporation FNV with a Buy rating. Franco-Nevada shares closed at $54.40 on Friday.