Benzinga's Top Initiations

Analysts at Cowen & Company initiated coverage on salesforce.com, inc. CRM with an Outperform rating. salesforce.com shares dropped 3.51 percent to $79.39 in pre-market trading.
Analysts at Stifel Nicolaus initiated coverage of Hibbett Sports, Inc. HIBB with a Hold rating. Hibbett shares rose 0.58 percent to close at $34.39 on Thursday.
Analysts at DA Davidson initiated coverage on Extra Space Storage, Inc. EXR with a Neutral rating. Extra Space Storage shares declined 0.49 percent to close at $87.04 on Thursday.
Analysts at Cowen & Company initiated coverage on Oracle Corporation ORCL with an Outperform rating. Oracle shares fell 3.11 percent to $39.56 in pre-market trading.
Argus Research initiated coverage of American Water Works Company Inc AWK with a Buy rating. The target price for American Water Works is set to $88. American Water Works shares dropped 1.51 percent to $77.75 in pre-market trading.
MKM Partners initiated coverage on Intersil Corp ISIL with a Neutral rating. The target price for Intersil is set to $15.50. Intersil shares rose 0.71 percent to close at $14.16 on Thursday.
Analysts at Cowen & Company initiated coverage of Adobe Systems Incorporated ADBE with an Outperform rating. Adobe shares fell 3.85 percent to $92.51 in pre-market trading.
Analysts at SunTrust Robinson Humphrey initiated coverage on FleetCor Technologies, Inc. FLT with a Buy rating. FleetCor Technologies shares rose 1.55 percent to close at $146.40 on Thursday.