Benzinga's Top Initiations

by Monica Gerson, Benzinga Staff Writer

October 9, 2013 7:42 AM | 1 min read | Make a Comment

Analysts at Jefferies initiated coverage on shares of Pike Electric

PIKE

with a “hold” rating. The target price for Pike Electric is set to $11. Pike Electric's shares closed at $10.33 yesterday. JP Morgan initiated coverage on shares of Hertz Global Holdings

HTZ

with an “overweight” rating. The target price for Hertz Global is set to $29. Hertz Global's shares closed at $21.80 yesterday. Analysts at Bank of America initiated coverage on shares Hancock Holding Company

HBHC

with an “underperform” rating. The target price for Hancock Holding is set to $29. Hancock Holding's stock closed at $30.77 yesterday. MainFirst initiated coverage on shares of GlaxoSmithKline PLC

GSK

with an “outperform” rating. GlaxoSmithKline's shares closed at $49.54 yesterday.

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