Benzinga's Top Initiations

 

  • Raymond James initiated coverage on TPI Composites Inc TPIC with an Outperform rating. TPI Composites shares rose 1.36 percent to $17.20 in pre-market trading.
  • Analysts at Credit Suisse initiated coverage on Patheon NV PTHN with a Neutral rating. The price target for Patheon is set to $30. Patheon shares rose 2.07 percent to close at $27.56 on Monday.
  • Wells Fargo initiated coverage of Continental Resources, Inc. CLR with an Outperform rating. Continental Resources shares rose 0.97 percent to $48.00 in pre-market trading.
  • Analysts at Summit Redstone Partners assumed Proofpoint Inc PFPT with a Buy rating. The price target for Proofpoint is set to $90. Proofpoint shares gained 1.63 percent to close at $76.10 on Monday.
  • Analysts at Jefferies initiated coverage on GrubHub Inc GRUB with a Hold rating. GrubHub shares dropped 1.12 percent to close at $38.10 on Monday.
  • Analysts at Cowen & Company initiated coverage on Broadwind Energy Inc. BWEN with an Outperform rating. Broadwind Energy shares rose 6.50 percent to close at $4.59 on Monday.
  • Analysts at Oppenheimer initiated coverage of International Business Machines Corp. IBM with a Perform rating. IBM shares declined 0.16 percent to $161.62 in pre-market trading.
  • Analysts at JP Morgan initiated coverage on TPI Composites Inc TPIC with an Overweight rating. The price target for Proofpoint is set to $22. TPI Composites shares rose 1.36 percent to $17.20 in pre-market trading.
  • Analysts at Jefferies initiated coverage on Patheon NV PTHN with a Buy rating. The price target for Patheon is set to $32. Patheon shares rose 2.07 percent to close at $27.56 on Monday.
  • Summit Redstone Partners initiated coverage on Atlassian Corporation PLC TEAM with a Buy rating. The price target for Atlassian is set to $35. Atlassian shares gained 1.10 percent to close at $30.33 on Monday.

Posted In: Top InitiationsInitiationAnalyst Ratings