Benzinga's Top Initiations

Analysts at Citigroup initiated coverage on Perfect World Co PWRD with a Neutral rating. The target price for Perfect World is set to $20.74. Perfect World's shares closed at $20.84 yesterday. Gabelli initiated coverage on shares of Ophthotech OPHT with a Buy rating. Ophthotech's shares closed at $40.00 yesterday. Analysts at Buckingham Research initiated coverage on shares of Burlington Stores BURL with a Buy rating. The target price for Burlington Stores is set to $41. Burlington Stores' shares closed at $32.15 yesterday. Citigroup initiated coverage on shares of Weibo WB with a Buy rating. The target price for Weibo is set to $22.60. Weibo's shares closed at $19.64 yesterday.