Benzinga's Top Initiations

Imperial Capital initiated coverage on AlarmCom Hldg Inc ALRM with a Outperform rating. The target price for AlarmCom is set to $23. AlarmCom shares closed at $18.00 yesterday. Analysts at Barclays initiated coverage on Paypal Holdings Inc PYPL with a Overweight rating. The target price for Paypal Holdings is set to $47. Paypal Holdings shares closed at $39.35 yesterday. Analysts at Brean Capital initiated coverage on Perry Ellis International, Inc. PERY with a Buy rating. The target price for Perry Ellis is set to $30. Perry Ellis shares closed at $23.37 yesterday. Analysts at Chardan Capital initiated coverage on Applied Genetic Technologies Corp AGTC with a Buy rating. The target price for Applied Genetic Technologies is set to $25. Applied Genetic Technologies shares closed at $18.48 yesterday. CLSA initiated coverage on WestRock Co WRK with a Underperform rating. The target price for WestRock is set to $65. WestRock shares closed at $59.85 yesterday. Analysts at Roth Capital initiated coverage on Lipocine Inc LPCN with a Buy rating. Lipocine shares closed at $11.79 yesterday. Analysts at Canaccord Genuity initiated coverage on Seres Therapeutics Inc MCRB with a Buy rating. The target price for Seres Therapeutics is set to $50. Seres Therapeutics shares closed at $39.16 yesterday. Analysts at Northland Securities initiated coverage on Juno Therapeutics Inc JUNO with a Outperform rating. The target price for Juno Therapeutics is set to $64. Juno Therapeutics shares closed at $50.10 yesterday. B. Riley initiated coverage on Ciena Corporation CIEN with a Buy rating. The target price for Ciena is set to $30.75. Ciena shares closed at $25.53 yesterday. Roth Capital initiated coverage on Pieris Pharmaceuticals Inc CIRS with a Buy rating. The target price for Pieris Pharmaceuticals is set to $7. Pieris Pharmaceuticals shares closed at $2.70 yesterday.