Benzinga's Top Initiations

Analysts at Citigroup initiated coverage on ITC Holdings Corp. ITC with a Buy rating. The target price for ITC Holdings is set to $36. ITC Holdings shares closed at $32.11 on Thursday. Jefferies initiated coverage of Sucampo Pharmaceuticals, Inc. SCMP with a Hold rating. The target price for Sucampo Pharmaceuticals is set to $19. Sucampo Pharmaceuticals shares closed at $17.23 on Thursday. Analysts at JMP Securities initiated coverage on International Business Machines Corp. IBM with a Market Perform rating. The target price for International Business Machines is set to $167. International Business Machines shares closed at $136.74 on Thursday. Analysts at Oppenheimer initiated coverage of Acceleron Pharma Inc XLRN with a Outperform rating. Acceleron Pharma shares closed at $35.99 on Thursday.