Benzinga's Top Initiations

Analysts at Wunderlich initiated coverage of CBS Corporation CBS with a Buy rating. The price target for CBS is set to $72. CBS shares closed at $56.49 on Thursday.
Piper Jaffray initiated coverage on Wal-Mart Stores, Inc. WMT with a Neutral rating. Wal-Mart shares closed at $68.73 on Thursday.
Analysts at Longbow Research initiated coverage on Valvoline Inc VVV with a Neutral rating. Valvoline shares closed at $22.10 on Thursday.
Analysts at Roth Capital initiated coverage on Asure Software Inc ASUR with a Buy rating. Asure Software shares closed at $6.85 on Thursday.
Analysts at Stifel Nicolaus initiated coverage of Xenon Pharmaceuticals Inc XENE with a Buy rating. Xenon Pharmaceuticals shares closed at $8.35 on Thursday.
Analysts at Rodman & Renshaw initiated coverage on Abraxas Petroleum Corp. AXAS with a Buy rating. The price target for Abraxas Petroleum is set to $3. Abraxas Petroleum shares closed at $1.79 on Thursday.
Analysts at JP Morgan initiated coverage on Valvoline Inc VVV with a Neutral rating. Valvoline shares closed at $22.10 on Thursday.
Mitsubishi UFJ initiated coverage on Open Text Corp (USA) OTEX with an Overweight rating. The price target for Open Text is set to $74. Open Text shares closed at $64.40 on Thursday.