Benzinga's Top Initiations

Analysts at Citigroup initiated initiated coverage on J C Penney Company Inc JCP with a Sell rating. The target price for J C Penney is set to $7. J C Penney shares closed at $9.79 on Tuesday. Citigroup James initiated coverage on TJX Companies Inc TJX with a Buy rating. The target price for TJX is set to $88. TJX shares closed at $70.77 on Tuesday. Analysts at Citigroup initiated coverage on Lululemon Athletica inc. LULU with a Buy rating. The target price for Lululemon Athletica is set to $69. Lululemon Athletica shares closed at $51.74 on Tuesday. Citigroup initiated coverage of Nordstrom, Inc. JWN with a Buy rating. The target price for Nordstrom is set to $92. Nordstrom shares closed at $73.26 on Tuesday. Analysts at Citigroup initiated coverage of Michael Kors Holdings Ltd KORS with a Sell rating. The target price for Michael Kors is set to $38. Michael Kors shares closed at $43.35 on Tuesday.