Benzinga's Top Initiations

Analysts at Benchmark initiated coverage on shares of Merit Medical Systems

with a “hold” rating. The target price range for Merit Medical Systems is set to $10. Merit Medical Systems' shares closed at $10.00 yesterday. Ascendiant Capital initiated coverage on shares of Ocean Power Technologies

with a “strong buy” rating. The target price for Ocean Power Technologies is set to $5. Ocean Power Technologies' shares closed at $1.48 yesterday. Goldman Sachs initiated coverage on shares of Medivation

with a “buy” rating. The target price for Medivation is set to $68. Medivation's stock closed at $53.08 yesterday. Analysts at Janney Capital initiated coverage on shares of Pinnacle Foods

with a “buy” rating. The target price for Pinnacle Foods is set to $27. Pinnacle's shares closed at $ 24.42 yesterday.