Benzinga's Top Initiations

Analysts at Jefferies initiated coverage on shares of Masco MAS with a “hold” rating. The target price for Masco is set to $24. Masco's shares closed at $21.48 yesterday. JP Morgan initiated coverage on shares of Pharmacyclics PCYC with an “overweight” rating. The target price for Pharmacyclics is set to $142. Pharmacyclics's shares closed at $118.98 yesterday. Morgan Stanley initiated coverage on shares of Cavium CAVM with an “overweight” rating. The target price for Cavium is set to $48. Cavium's stock closed at $40.27 yesterday. Analysts at Credit Suisse initiated coverage on shares of NetEase NTES with a “neutral” rating. The target price for NetEase is set to $85. NetEase's shares closed at $72.03 yesterday.