Benzinga's Top Initiations - Anheuser-Busch InBev (NYSE:BUD), Carnival (NYSE:CCL)

Jefferies initiated coverage on Oclaro, Inc. OCLR with a Buy rating. The price target for Oclaro is set to $11.25. Oclaro shares gained 2.34 percent to $8.75 in pre-market trading.
Analysts at Berenberg initiated coverage on Rockwell Automation ROK with a Sell rating. The price target for Rockwell Automation is set to $110. Rockwell Automation shares dropped 0.60 percent to $121.60 in pre-market trading.
Analysts at FBR Capital assumed 3D Systems Corporation DDD with a Market Perform rating. 3D Systems shares rose 0.28 percent to $18.00 in pre-market trading.
Analysts at Liberum initiated coverage of Anheuser Busch Inbev SA (ADR) BUD with a Buy rating. Anheuser Busch shares dropped 1.11 percent to $129.95 in pre-market trading.
Analysts at Roth Capital initiated coverage on Sorrento Therapeutics Inc SRNE with a Buy rating. Sorrento Therapeutics shares gained 1.84 percent to close at $7.74 on Friday.
Analysts at Credit Suisse initiated coverage on Versum Materials Inc VSM with an Outperform rating. The price target for Versum Materials is set to $27.
Summit Redstone initiated coverage on Godaddy Inc GDDY with a Buy rating. The price target for Godaddy is set to $41. Godaddy shares gained 1.05 percent to $34.53 in pre-market trading.
Analysts at HSBC initiated coverage on Carnival Corp CCL with a Buy rating. The price target for Carnival is set to $60. Carnival shares dropped 0.10 percent to $48.77 in pre-market trading.
Analysts at Brean Capital assumed Recro Pharma Inc REPH with a Buy rating. The price target for Recro Pharma is set to $21. Recro Pharma shares slipped 0.90 percent to close at $8.84 on Friday.
Berenberg initiated coverage of Emerson Electric Co. EMR with a Sell rating. The price target for Emerson Electric is set to $41. Emerson Electric shares rose 2.81 percent to close at $54.51 on Friday.

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