Benzinga's Top Initiations

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  • Analysts at Canaccord Genuity initiated coverage on Netflix, Inc. NFLX with a Buy rating. The target price for Netflix is set to $120. Netflix shares rose 3.63 percent to $94.80 in pre-market trading.
  • Analysts at Susquehanna initiated coverage on Celanese Corporation CE with a Positive rating. Celanese shares closed at $65.45 on Thursday.
  • Summit Redstone Partners initiated coverage of Barracuda Networks Inc CUDA with a Hold rating. Barracuda Networks shares closed at $15.14 on Thursday.
  • DA Davidson initiated coverage on Acme United Corporation ACU with a Buy rating. Acme United shares closed at $18.30 on Thursday.
  • Analysts at Stifel Nicolaus initiated coverage of Aldeyra Therapeutics Inc ALDX with a Buy rating. Aldeyra Therapeutics shares closed at $5.69 on Thursday.
  • Analysts at Compass Point initiated coverage on Texas Capital Bancshares Inc TCBI with a Buy rating. Texas Capital Bancshares shares closed at $46.76 on Thursday.
  • Analysts at Susquehanna initiated coverage of Eastman Chemical Company EMN with a Positive rating. Eastman Chemical shares closed at $67.90 on Thursday.
  • Analysts at FBR Capital initiated coverage on Banc of California Inc BANC with a Market Perform rating. Banc of California shares closed at $18.10 on Thursday.
  • Analysts at Argus Research initiated coverage on Royal Bank of Canada RY with a Buy rating. The target price for Royal Bank of Canada is set to $69. Royal Bank of Canada shares closed at $59.09 on Thursday.
  • Cowen & Company initiated coverage on Fortive Corp FTV with a Market Perform rating. The target price for Fortive is set to $46. Fortive shares rose 1.35 percent to close at $64.55 on Thursday.
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