Benzinga's Top Initiations

Deutsche Bank initiated coverage on shares of Altisource Residential RESI with a “buy” rating. The target price for Altisource Residential is set to $31. Altisource Residential's shares closed at $27.75 yesterday. Sterne Agee initiated coverage on shares of Merchants Bancshares MBVT with a “buy” rating. The target price for Merchants Bancshares is set to $36. Merchants Bancshares' shares closed at $30.53 yesterday. Analysts at MKM Partners initiated coverage on shares of Twitter TWTR with a “buy” rating. The target price for Twitter is set to $50. Twitter's shares closed at $40.18 yesterday. Analysts at FBR Capital initiated coverage on shares of Cedar Fair LP FUN with an “outperform” rating. The target price for Cedar Fair is set to $70. Cedar Fair's shares closed at $48.14 yesterday.