Benzinga's Top Initiations - Best Buy Co (NYSE:BBY), Enerplus (NYSE:ERF)

Analysts at Canaccord Genuity initiated coverage on Enerplus Corp (USA) ERF with a Buy rating. Enerplus shares rose 1.93 percent to close at $7.39 on Tuesday.
Longbow Research initiated coverage of Garmin Ltd. GRMN with a Neutral rating. Garmin shares fell 0.72 percent to close at $55.18 on Tuesday.
Analysts at Wells Fargo initiated coverage of Mediwound Ltd MDWD with an Outperform rating. Mediwound shares gained 0.47 percent to close at $6.40 on Tuesday.
Analysts at Raymond James initiated coverage on Hewlett Packard Enterprise Co HPE with a Market Perform rating. Hewlett Packard Enterprise shares gained 0.59 percent to $22.20 in pre-market trading.
Ladenburg Thalmann assumed Best Buy Co Inc BBY with an Outperform rating. Best Buy shares fell 0.90 percent to $34.00 in pre-market trading.
Analysts at Bernstein initiated coverage on Pioneer Natural Resources PXD with an Outperform rating. The price target for Pioneer Natural is set to $210. Pioneer Natural shares closed at $178.77 on Tuesday.
Analysts at Guggenheim Securities initiated coverage of SCYNEXIS Inc SCYX with a Buy rating. SCYNEXIS shares surged 22.33 percent to $2.52 in pre-market trading.
Analysts at Wells Fargo initiated coverage on MTS Systems Corporation MTSC with a Market Perform rating. MTS Systems shares fell 0.66 percent to close at $48.04 on Tuesday.
Analysts at Canaccord Genuity initiated coverage on Turquoise Hill Resources Ltd TRQ with a Hold rating. Turquoise Hill Resources shares declined 0.32 percent to close at $3.07 on Tuesday.

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