Benzinga's Top Initiations

Analysts at JP Morgan initiated coverage on shares of Pentair PNR with an “overweight” rating. The target price for Pentair is set to $75. Pentair's shares closed at $62.53 on Friday. Roth Capital initiated coverage on shares of Canadian Solar CSIQ with a “buy” rating. The target price for Canadian Solar is set to $18. Canadian Solar's shares closed at $14.11 on Friday. Needham initiated coverage on shares of Perficient PRFT with a “buy” rating. The target price for Perficient is set to $20. Perficient's stock closed at $16.03 on Friday. Analysts at Macquarie initiated coverage on shares of Level 3 Communications LVLT with a “neutral” rating. The target price for Level 3 Communications is set to $24. Level 3's shares closed at $22.33 on Friday.