Benzinga's Top Initiations

Analysts at Bluefin Research initiated coverage on Coach Inc COH with a Market Outperform rating. The target price for Coach is set to $50. Coach shares closed at $41.49 yesterday. Analysts at Goldman Sachs initiated coverage on Intelsat SA I with a Neutral rating. The target price for Intelsat is set to $11. Intelsat's shares closed at $11.95 yesterday. Analysts at Jefferies initiated coverage on Tribune Media Co TRCO with a Hold rating. The target price for Tribune Media is set to $63. Tribune Media shares closed at $55.16 yesterday. Nomura initiated coverage on Cimarex Energy Co XEC with a Neutral rating. The target price for Cimarex Energy is set to $130. Cimarex Energy shares closed at $124.24 yesterday. Analysts at Northland Securities initiated coverage on Southwestern Energy Company SWN with a Neutral rating. The target price for Southwestern Energy is set to $27. Southwestern Energy shares closed at $26.09 yesterday. Nomura initiates coverage on Range Resources Corp. RRC with a Buy rating. The target price for Range Resources is set to $71. Range Resources shares closed at $59.79 yesterday. Analysts at FBN Securities initiated coverage on Starz STRZA with a Sector Perform rating. The target price for Starz is set to $42.67. Starz shares closed at $37.84 yesterday. Nomura initiated coverage on Pioneer Natural Resources PXD with a Buy rating. The target price for Pioneer Natural Resources is set to $212. Pioneer Natural Resources' shares closed at $173.57 yesterday. Analysts at Ladenburg Thalmann initiated coverage on Newtek Business Services Corp NEWT with a Neutral rating. Newtek Business Services' shares closed at $17.14 yesterday.