Benzinga's Top Initiations

Analysts at Ascendiant Capital initiated coverage on shares of Quantum Fuel Systems Technologies Worldwide QTWW with a “strong buy” rating. The target price for Quantum is set to $3.50. Quantum's shares closed at $2.37 yesterday. RBC Capital initiated coverage on shares of Westport Innovations WPRT with a “sector perform” rating. The target price for Westport Innovations is set to $28. Westport's shares closed at $28.20 yesterday. Barclays initiated coverage on shares of ArcelorMittal MT with an “underweight” rating. ArcelorMittal's stock closed at $14.12 yesterday. Analysts at Janney Capital initiated coverage on shares of Bruker BRKR with a “neutral” rating. The target price for Bruker is set to $22. Bruker's shares closed at $19.93 yesterday.