Today's noteworthy initiations include: American Vanguard (AVD) initiated with a Buy at BB&T... Anglo Platinum (AGPPY) initiated with an Outperform at RBC Capital... Boulder Brands (BDBD) initiated with a Buy at Janney Capital... Digital Turbine (APPS) initiated with a Buy at Roth Capital... Galmed (GLMD) initiated with a Buy at SunTrust... Impala Platinum (IMPUY) initiated with an Underperform at RBC Capital... Inphi (IPHI) initiated with a Buy at Roth Capital... Intra-Cellular (ITCI) initiated with a Buy at SunTrust... Monsanto (MON) initiated with a Hold at BB&T... Ring Energy (REI) initiated with a Buy at Wunderlich... Silicon Laboratories (SLAB) initiated with a Hold at Needham... Titan International (TWI) initiated with a Neutral at Goldman.

Barclays analyst Tom O'Malley lowered the firm's price target on Silicon Labs to $120 from $140 and keeps an Equal Weight rating on the shares. The company's revenue is rebounding off of December bottom and a recovery is underway, but operating expenditures ticked up and the margin miss make return to profitability a bit of a longer road, the analyst tells investors in a research note.

As previously reported, Summit Insights downgraded Silicon Labs to Hold from Buy. While stating that Silicon Labs' March quarter results and June quarter outlook "clearly support our view of a recovery from the industry downturn and inventory correction after an extended period of customers' double ordering," the firm also believes a recovery is now priced into the share price and expects the stock to be an inline performer.