Benzinga's Top Initiations

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Analysts at Macquarie initiated coverage on shares of RingCentral
RNG
with an “outperform” rating. The target price for RingCentral is set to $24. RingCentral's shares closed at $19.03 yesterday. Raymond James initiated coverage on shares of Extreme Networks
EXTR
with an “outperform” rating. The target price for Extreme Networks is set to $8. Extreme Networks' shares closed at $5.54 yesterday. Credit Suisse initiated coverage on shares of ICON plc
ICLR
with an “outperform” rating. The target price for ICON is set to $55. ICON's shares closed at $45.16 yesterday. Analysts at Morgan Stanley initiated coverage on shares of Celgene
CELG
with an “equal-weight” rating. The target price for Celgene is set to $150. Celgene's shares closed at $142.61 yesterday.
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