Benzinga's Top Initiations

Jefferies initiated coverage on CytomX Therapeutics Inc (NASDAQ: CTMX) with a Buy rating. The target price for CytomX Therapeutics is set to $19. CytomX Therapeutics shares closed at $10.40 on Friday.

Raymond James initiated coverage on Pure Storage Inc (NYSE: PSTG) with a Outperform rating. The target price for Pure Storage is set to $32. Pure Storage shares closed at $17.63 on Friday.

Analysts at JMP Securities initiated initiated coverage on Retrophin Inc (NASDAQ: RTRX) with a Market Outperform rating. The target price for Retrophin is set to $30. Retrophin shares closed at $19.13 on Friday.

Analysts at Pacific Crest initiated coverage of Pure Storage Inc (NYSE: PSTG) with a Overweight rating. The target price for Pure Storage is set to $24. Pure Storage shares closed at $17.63 on Friday.

Analysts at UBS initiated coverage on Hudson Pacific Properties Inc (NYSE: HPP) with a Buy rating. Hudson Pacific Properties shares closed at $28.57 on Friday.

Credit Suisse initiated coverage on Hewlett-Packard Company (NYSE: HPQ) with a Outperform rating. The target price for Hewlett-Packard is set to $19. Hewlett-Packard shares closed at $26.97 on Friday.

Analysts at Cowen & Company initiated coverage of CytomX Therapeutics Inc (NASDAQ: CTMX) with a Outperform rating. CytomX Therapeutics shares closed at $10.40 on Friday.

William Blair initiated coverage of Aclaris Therapeutics Inc (NASDAQ: ACRS) with a Outperform rating. The target price for Aclaris Therapeutics is set to $30. Aclaris Therapeutics shares closed at $14.47 on Friday.

Analysts at Baird initiated coverage on Allegiance Bancshares Inc (NASDAQ: ABTX) with a Outperform rating. The target price for Allegiance Bancshares is set to $27. Allegiance Bancshares shares closed at $23.18 on Friday.

Analysts at Stifel Nicolaus initiated coverage on Pure Storage Inc (NYSE: PSTG) with a Buy rating. The target price for Pure Storage is set to $24. Pure Storage shares closed at $17.63 on Friday.