Benzinga's Top Initiations

Analysts at SunTrust Robinson Humphrey initiated coverage of Engility Holdings, Inc. EGL with a Buy rating. The price target for Engility Holdings is set to $30. Engility Holdings shares rose 0.08 percent to close at $25.64 on Wednesday.
Analysts at FBR Capital initiated coverage on Matador Resources Co MTDR with a Outperform rating. The price target for Matador Resources is set to $28. Matador Resources shares fell 0.05 percent to $21.22 in pre-market trading.
Analysts at Barrington Research initiated coverage of Student Transportation Inc STB with a Outperform rating. Student Transportation shares rose 0.77 percent to close at $5.24 on Wednesday.
Analysts at DA Davidson initiated coverage on Lakeland Financial Corporation LKFN with a Neutral rating. Lakeland Financial shares rose 0.42 percent to close at $49.78 on Wednesday.
Analysts at Ladenburg Thalmann initiated coverage on Invivo Therapeutics Holdings Corp NVIV with a Buy rating. The price target for Invivo Therapeutics is set to $23.25. Invivo Therapeutics shares gained 1.41 percent to close at $6.48 on Wednesday.
Brean Capital initiated coverage on New Oriental Education & Tech Grp (ADR) EDU with a Buy rating. The price target for New Oriental Education & Tech is set to $52. New Oriental Education & Tech shares declined 0.04 percent to $44.55 in pre-market trading.
Analysts at BMO Capital initiated coverage on Advantage Oil & Gas Ltd (USA) AAV with a Outperform rating. Advantage Oil & Gas shares gained 3.34 percent to close at $6.49 on Wednesday.
DA Davidson initiated coverage of First Merchants Corporation FRME with a Buy rating. First Merchants shares slipped 0.55 percent to close at $25.18 on Wednesday.

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