Benzinga's Top Initiations

Analysts at Lazard Capital initiated coverage on shares of RF Micro Devices RFMD with a “neutral” rating. RF Micro Devices' shares closed at $3.87 yesterday. RF Micro Devices' trailing-twelve-month revenue is $859.82 million. JMP Securities initiated coverage on shares of CapLease LSE with an “outperform” rating. CapLease's stock closed at $5.35 yesterday. CapLease had $33.15 million in total cash for the latest quarter. UBS initiated coverage on shares of Vanguard Natural Resources LLC VNR with a “buy” rating. Vanguard Natural Resources' shares closed at $29.13 yesterday. Vanguard Natural Resources' trailing-twelve-month operating margin is 68.36%. Analysts at Sterne Agee initiated coverage on shares of Brocade Communications Systems BRCD with a “neutral” rating. Brocade's shares closed at $6.0650 yesterday. Brocade's PEG ratio is 1.02.