Benzinga's Top Initiations

Analysts at Goldman Sachs initiated coverage on Virtus Investment Partners Inc VRTS with a Neutral rating. The target price for Virtus Investment is set to $135. Virtus Investment shares closed at $132.81 on Friday. Analysts at Atlantic Equities initiated coverage on Lowe's Companies, Inc. LOW with a Neutral rating. The target price for Lowe's Companies is set to $79. Lowe's Companies shares closed at $69.82 on Friday. Analysts at Goldman Sachs initiated coverage on Apache Corporation APA with a Buy rating. The target price for Apache is set to $53. Apache shares closed at $59.34 on Friday. Morgan Stanley initiated coverage on Galapagos NV (ADR) GLPG with a Overweight rating. The target price for Galapagos is set to $73. Galapagos' shares closed at $52.07 on Friday. Analysts at Goldman Sachs initiated coverage on BlackRock, Inc. BLK with a Buy rating. The target price for BlackRock is set to $421. BlackRock shares closed at $355.32 on Friday. KLR Group initiated coverage on Memorial Resource Development Corp MRD with a Buy rating. The target price for Memorial Resource Development is set to $30. Memorial Resource Development shares closed at $19.55 on Friday. Bernstein initiated coverage on Canadian Pacific Railway Limited (USA) CP with a Outperform rating. The target price for Canadian Pacific Railway is set to $200. Canadian Pacific Railway shares closed at $169.27 on Friday. Stifel Nicolaus initiated coverage on Fenix Parts Inc FENX with a Buy rating. The target price for Fenix Parts is set to $13.50. Fenix Parts' shares closed at $11.30 on Friday.