Benzinga's Top Initiations

Global Hunter initiated coverage on shares of Fortuna Silver Mines FSM with a “buy” rating. The target price for Fortuna Silver Mines is set to $5. Fortuna Silver Mines' stock closed at $3.00 yesterday. Analysts at Ascendiant Capital initiated coverage on shares of Carmike Cinemas CKEC with a “buy” rating. The target price for Carmike Cinemas is set to $20. Carmike's shares closed at $16.75 yesterday. JMP Securities initiated coverage on shares of NICE Systems NICE with a “market perform” rating. The target price for NICE Systems is set to $45. NICE Systems' shares closed at $34.34 yesterday. Analysts at Evercore initiated coverage on shares of Towerstream TWER with an “overweight” rating. The target price for Towerstream is set to $3.50. Towerstream's shares closed at $2.30 yesterday.