Benzinga's Top Initiations

Brean Capital initiated coverage on shares of Teleflex TFX with a “buy” rating. The target price for Teleflex is set to $116. Teleflex's shares closed at $97.33 yesterday. Imperial Capital initiated coverage on shares of Covanta Holding CVA with an “in-line” rating. The target price for Covanta Holding is set to $19. Covanta's shares closed at $17.71 yesterday. Analysts at DA Davidson initiated coverage on shares of Rackspace Hosting RAX with a “neutral” rating. The target price for Rackspace Hosting is set to $43. Rackspace Hosting's shares closed at $39.66 yesterday. Analysts at Goldman Sachs initiated coverage on shares of QIWI plc QIWI with a “buy” rating. The target price for QIWI is set to $70. QIWI's shares closed at $46.33 yesterday.