Benzinga's Top Initiations

Analysts at Oppenheimer initiated coverage on RingCentral RNG with a Outperform rating. The target price for RingCentral is set to $20. RingCentral's shares closed at $14.66 yesterday. CRT Capital initiated coverage on shares of Under Armour UA with a Fairly Valued rating. The target price for Under Armour is set to $70. Under Armour's shares closed at $68.35 yesterday. Analysts at Morgan Stanley initiated coverage on shares of Michaels Companies MIK with a Equal-weight rating. The target price for Michaels Companies is set to $16. Michaels Companies' shares closed at $15.68 yesterday. Monness Crespi Hardt initiated coverage on shares of Fiserv FISV with a Buy rating. The target price for Fiserv is set to $77. Fiserv's shares closed at $60.85 yesterday.