This Cisco Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Monday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

Needham analyst Scott Berg initiated coverage on Shopify Inc. SHOP with a Buy rating and announced a price target of $135. Shopify shares closed at $112.11 on Friday. See how other analysts view this stock.
HC Wainwright & Co. analyst Raghuram Selvaraju initiated coverage on Innoviva, Inc. INVA with a Buy rating and announced a price target of $40. Innoviva shares closed at $18.77 on Friday. See how other analysts view this stock.
CICC analyst Shiwen Li initiated coverage on Cisco Systems, Inc. CSCO with an Outperform rating and announced a price target of $78. Cisco shares closed at $67.95 on Friday. See how other analysts view this stock.
B of A Securities analyst Nafeesa Gupta initiated coverage on Tripadvisor, Inc. TRIP with a Neutral rating and announced a price target of $19. Tripadvisor shares closed at $18.00 on Friday. See how other analysts view this stock.
Morgan Stanley analyst Chris Quintero initiated coverage on Manhattan Associates, Inc. MANH with an Underweight rating and announced a price target of $190. Manhattan Associates shares closed at $196.16 on Friday. See how other analysts view this stock.