Benzinga's Top Initiations

Analysts at Craig-Hallum initiated coverage on Smith & Wesson Holding Corp SWHC with a Hold rating. Smith & Wesson shares closed at $22.86 on Monday. Analysts at Citigroup initiated coverage of Pandora Media Inc P with a Buy rating. The target price for Pandora is set to $16. Pandora shares closed at $8.16 on Monday. CLSA initiated coverage on Ericsson (ADR) ERIC with a Sell rating. Ericsson shares closed at $10.05 on Monday. BMO Capital initiated coverage on Retrophin Inc RTRX with a Outperform rating. The target price for Retrophin is set to $25. Retrophin shares closed at $14.43 on Monday. Citigroup initiated coverage on Rocket Fuel Inc FUEL with a Sell rating. The target price for Rocket Fuel is set to $2.50. Rocket Fuel shares closed at $3.01 on Monday. Analysts at BMO Capital initiated coverage on Fate Therapeutics Inc FATE with a Outperform rating. The target price for Fate Therapeutics is set to $4. Fate Therapeutics shares closed at $2.24 on Monday.