Benzinga's Top Initiations

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  • Analysts at Stephens & Co. initiated coverage on Adobe Systems Incorporated ADBE with an Overweight rating. Adobe shares rose 0.41 percent to $99.28 in pre-market trading.
  • Barclays initiated coverage of Fairmount Santrol Holdings Inc FMSA with an Equal-weight rating. The price target for Fairmount Santrol is set to $9. Fairmount Santrol shares rose 0.91 percent to close at $7.74 on Tuesday.
  • Analysts at Cowen & Company initiated coverage on Lonestar Resources US Inc. LONE with an Outperform rating. The price target for Lonestar Resources is set to $12. Lonestar Resources shares dropped 6.61 percent to close at $8.56 on Tuesday.
  • Analysts at Iberia Capital Partners initiated coverage of Gastar Exploration Inc GST with a Sector Perform rating. Gastar Exploration shares closed at $0.903 on Tuesday.
  • Stephens & Co. initiated coverage on Synchronoss Technologies, Inc. SNCR with an Overweight rating. Synchronoss Technologies shares fell 0.12 percent to close at $41.02 on Tuesday.
  • Analysts at Barclays initiated coverage on U.S. Silica Holdings Inc SLCA with an Overweight rating. The price target for U.S. Silica is set to $50. U.S. Silica shares declined 0.03 percent to $38.86 in pre-market trading.
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