Benzinga's Top Initiations

Analysts at Wells Fargo initiated coverage on shares of Lufkin Industries LUFK with a “market perform” rating. Lufkin's shares closed at $57.72 on Friday. Lufkin's trailing-twelve-month operating margin is 12.30%. Deutsche Bank initiated coverage on shares of Duke Energy DUK with an “overweight” rating. Duke Energy's shares closed at $64.32 on Friday. Duke Energy's trailing-twelve-month revenue is $17.00 billion. Needham initiated coverage on shares of Teradyne TER with a “buy” rating. Teradyne's stock closed at $15.84 on Friday. Teradyne had $830.54 million in total cash for the recent quarter. Analysts at Cowen initiated coverage on shares of Acacia Research ACTG with an “outperform” rating. Acacia Research's shares closed at $24.89 on Friday. Acacia Research's PEG ratio is 0.28.