Benzinga's Top Initiations

Analysts at Morgan Stanley initiated coverage on shares of Third Point Reinsurance TPRE with an “overweight” rating. The target price for Third Point Reinsurance is set to $16.50. Third Point Reinsurance's shares closed at $12.88 on Friday. Citigroup initiated coverage on shares of lululemon athletica LULU with a “buy” rating. The target price for lululemon athletica is set to $90. lululemon athletica's shares closed at $69.49 on Friday. Nomura initiated coverage on shares of American Eagle Outfitters AEO with a “neutral” rating. The target price for American Eagle Outfitters is set to $15. American Eagle's stock closed at $14.77 on Friday. Analysts at BMO Capital initiated coverage on shares of Genpact G with a “market perform” rating. The target price for Genpact is set to $21. Genpact's shares closed at $19.60 on Friday.