Benzinga's Top Initiations

Morgan Stanley initiated coverage on shares of Veracyte VCYT with an “overweight” rating. The target price for Veracyte is set to $16. Veracyte's shares closed at $11.36 yesterday. Bank of America initiated coverage on shares of Container Store Group TCS with a “buy” rating. The target price for Container Store Group is set to $48. Container Store Group's shares closed at $38.20 yesterday. Analysts at Oppenheimer initiated coverage on shares of Galena Biopharma GALE with an “outperform” rating. The target price for Galena Biopharma is set to $6. Galena Biopharma's shares closed at $3.67 yesterday. Analysts at Jefferies initiated coverage on shares of Haemonetics HAE with a “buy” rating. The target price for Haemonetics is set to $48. Haemonetics's shares closed at $41.35 yesterday.