Benzinga's Top Initiations

Analysts at Stifel Nicolaus initiated coverage on Xoom Corporation XOOM with a Buy rating. The target price for Xoom is set to $25. Xoom's shares closed at $16.89 yesterday. Goldman Sachs initiated coverage on shares of Hortonworks, Inc. HDP with a Buy rating. The target price for Hortonworks is set to $34. Hortonworks' shares closed at $26.14 yesterday. Analysts at Cowen & Company initiated coverage on Zillow, Inc. Z with a Market Perform rating. The target price for Zillow is set to $106. Zillow's shares closed at $97.58 yesterday. Analysts at Barclays initiated coverage on shares of Biogen Idec Inc. BIIB with a Overweight rating. The target price for Biogen Idec is set to $425. Biogen Idec's shares closed at $336.74 yesterday.