Benzinga's Top Initiations


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  • Analysts at JPMorgan initiated coverage of Sprouts Farmers Market Inc (NASDAQ: SFM) with a Neutral rating. The price target for Sprouts Farmers Market is set to $24. Sprouts Farmers Market shares fell 2.28 percent to close at $23.17 on Friday.
  • Analysts at Credit Suisse assumed Newpark Resources Inc (NYSE: NR) with a Outperform rating. The price target for Newpark Resources is set to $7. Newpark Resources shares close at $5.78 on Friday.
  • Analysts at Brean Capital initiated coverage of NetEase Inc (ADR) (NASDAQ: NTES) with a Buy rating. The price target for NetEase is set to $235. NetEase shares declined 0.15 percent to close at $195.21 on Friday.
  • Stifel Nicolaus initiated coverage on Selecta Biosciences Inc (NASDAQ: SELB) with a Buy rating. Selecta Biosciences shares closed at $14.00 on Friday.
  • Analysts at William Blair initiated coverage on Twilio Inc (NYSE: TWLO) with a Outperform rating. Twilio shares fell 3.95 percent to $41.30 in pre-market trading.
  • HSBC initiated coverage of Yandex NV (NASDAQ: YNDX) with a Buy rating. Yandex shares rose 0.14 percent to $21.46 in pre-market trading.
  • Analysts at H.C. Wainwright initiated coverage of Syros Pharmaceuticals Inc (NASDAQ: SYRS) with a Neutral rating. The price target for Syros Pharmaceuticals is set to $10. Syros Pharmaceuticals shares closed at $15.00 on Friday.
  • Analysts at Deutsche Bank initiated coverage on SYSCO Corporation (NYSE: SYY) with a Hold rating. SYSCO shares gained 0.10 percent to close at $52.02 on Friday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: InitiationAnalyst RatingsTop Initiations