Benzinga's Top Initiations

Analysts at Citigroup initiated coverage on shares of First Solar FSLR with a “buy” rating. The target price for First Solar is set to $41. First Solar's shares closed at $29.02 yesterday. Deutsche Bank initiated coverage on shares of Tesaro TSRO with a “buy” rating. The target price for Tesaro is set to $27. Tesaro's shares closed at $18.07 yesterday. Ascendiant Capital initiated coverage on shares of Power-One PWER with a “neutral” rating. The target price for Power-One is set to $4. Power-One's stock closed at $4.19 yesterday. Analysts at Maxim initiated coverage on shares of J. C. Penney Company JCP with a “sell” rating. The target price for J. C. Penney is set to $10. J. C. Penney's shares closed at $19.81 yesterday.