Benzinga's Top Initiations

Analysts at JP Morgan initiated coverage on Arista Networks Inc (NYSE: ANET) with a Neutral rating. The target price for Arista Networks is set to $67. Arista Networks shares closed at $66.57 on Thursday.

Analysts at Citigroup initiated coverage on Liberty Media Corp (SiriusXM) (NASDAQ: LSXMA) with a Neutral rating. The target price for Liberty SiriusXM is set to $35. Liberty SiriusXM shares closed at $32.18 on Thursday.

Pacific Crest initiated coverage on Veeco Instruments Inc. (NASDAQ: VECO) with a Overweight rating. Veeco Instruments shares closed at $16.45 on Thursday.

Analysts at Macquarie initiated coverage on First Midwest Bancorp Inc (NASDAQ: FMBI) with a Neutral rating. First Midwest Bancorp shares closed at $17.67 on Thursday.

Credit Suisse initiated coverage on TESARO Inc (NASDAQ: TSRO) with a Outperform rating. The target price for TESARO is set to $56. TESARO shares closed at $41.09 on Thursday.

Analysts at Barclays initiated coverage on Prothena Corporation PLC (NASDAQ: PRTA) with a Overweight rating. The target price for Prothena is set to $60. Prothena shares closed at $38.43 on Thursday.

Pacific Crest initiated coverage on Cree, Inc. (NASDAQ: CREE) with a Sector Weight rating. Cree shares closed at $22.47 on Thursday.