Benzinga's Top Initiations

Analysts at Bank of America initiated coverage on shares of Blackhawk Network Holdings HAWK with a “neutral” rating. The target price range for Blackhawk Network Holdings is set to $27. Blackhawk Network Holdings' shares closed at $24.81 yesterday. Morgan Stanley initiated coverage on shares of Monster Beverage MNST with an “overweight” rating. The target price for Monster Beverage is set to $65. Monster Beverage's shares closed at $53.83 yesterday. Stephens initiated coverage on shares of Signet Jewelers SIG with an “overweight” rating. The target price for Signet Jewelers is set to $80. Signet Jewelers' stock closed at $69.84 yesterday. Analysts at Nomura initiated coverage on shares of CarMax KMX with a “buy” rating. The target price for CarMax is set to $58. CarMax's shares closed at $47.07 yesterday.