Benzinga's Top Initiations

Analysts at Topeka Capital initiated coverage on Yelp Inc YELP with a Buy rating. The target price for Yelp is set to $60. Yelp shares closed at $45.27 yesterday. Analysts at Chardan Capital initiated coverage on Signal Genetics Inc SGNL with a Buy rating. The target price for Signal Genetics is set to $2.50. Signal Genetics' shares closed at $1.53 yesterday. Analysts at BMO Capital initiated coverage on Perrigo Company plc Ordinary Shares PRGO with a Outperform rating. The target price for Perrigo is set to $246. Perrigo shares closed at $184.75 yesterday. Keefe Bruyette & Woods initiated coverage on United Community Financial Corp UCFC with a Market Perform rating. The target price for United Community is set to $6. United Community shares closed at $5.45 yesterday. Analysts at Goldman Sachs initiated coverage on WP Glimcher Inc WPG with a Neutral rating. The target price for WP Glimcher is set to $14. WP Glimcher shares closed at $14.13 yesterday. William Blair initiated coverage on Coupons.Com Inc COUP with a Market Perform rating. Coupons.com shares closed at $12.32 yesterday. Analysts at Topeka Capital initiated coverage on Groupon Inc GRPN with a Hold rating. The target price for Groupon is set to $6. Groupon shares closed at $5.44 yesterday. Stephens & Co. initiated coverage on Franklin Financial Network Inc FSB with a Equalweight rating. The target price for Franklin Financial Network is set to $26. Franklin Financial Network shares closed at $22.37yesterday. Analysts at Canaccord Genuity initiated coverage on Lipocine Inc LPCN with a Buy rating. The target price for Lipocine is set to $15. Lipocine shares closed at $8.06 yesterday. CL King initiated coverage on Standard Motor Products, Inc. SMP with a Neutral rating. Standard Motor Products' shares closed at $38.00 yesterday.