Today's Most Important Initiations

Guggenheim assumed coverage on Etsy (NASDAQ: ETSY) with a Buy rating and a price target of $105.00.

Wells Fargo initiated coverage on TFI International (NYSE: TFII) with an Overweight rating and a price target of $111.00, given its belief that estimates are too low and the current multiple reflects underappreciated earnings power.

CFRA initiated coverage on Patterson-UTI Energy (NASDAQ: PTEN) with a Buy rating and a price target of $18.00.

By Davit Kirakosyan

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