Benzinga's Top Initiations

Analysts at TD Securities initiated coverage on BlackBerry Ltd BBRY with a Buy rating. The target price for BlackBerry is set to $8. BlackBerry shares closed at $7.07 on Monday. Analysts at RBC Capital initiated coverage on Kite Pharma Inc KITE with a Outperform rating. The target price for Kite Pharma is set to $85. Kite Pharma shares closed at $49.11 on Monday. Analysts at TD Securities initiated coverage of Celestica Inc CLS with a Hold rating. The target price for Celestica is set to $10. Celestica shares closed at $9.06 on Monday. Oppenheimer initiated coverage of Fitbit Inc FIT with a Outperform rating. Fitbit shares closed at $16.68 on Monday. Analysts at Stephens & Co. initiated coverage on Devon Energy Corp DVN with a Equalweight rating. The target price for Devon Energy is set to $30. Devon Energy shares closed at $26.06 on Monday. Analysts at Barclays initiated coverage on Avago Technologies Ltd AVGO with a Overweight rating. The target price for Avago Technologies is set to $170. Avago Technologies shares closed at $137.68 on Monday. Jefferies initiated coverage on TAILORED BRANDS INC TLRD with a Hold rating. TAILORED BRANDS shares closed at $14.13 on Monday. Berenberg initiated coverage on British American Tobacco PLC (ADR) BTI with a Buy rating. British American Tobacco shares closed at $111.32 on Monday. Analysts at Roth Capital initiated coverage on Mellanox Technologies, Ltd. MLNX with a Buy rating. The target price for Mellanox Technologies is set to $60. Mellanox Technologies shares closed at $45.75 on Monday. Wolfe Research initiated coverage on Ross Stores, Inc. ROST with a Outperform rating. Ross Stores shares closed at $56.76 on Monday.