Benzinga's Top Initiations

Analysts at Janney Capital initiated coverage on L Brands, Inc. LB with a Neutral rating. The target price for L Brands is set to $87. L Brands shares closed at $94.81 yesterday. Analysts at Raymond James initiated coverage on WPX Energy, Inc. WPX with a Outperform rating. The target price for WPX Energy is set to $16. WPX Energy shares closed at $12.64 yesterday. Credit Suisse initiated coverage on Spirit Airlines, Inc. SAVE with a Outperform. The target price for Spirit Airlines is set to $100. Spirit Airlines' shares closed at $80.12 yesterday.