Benzinga's Top Initiations

Analysts at Berenberg initiated coverage on Ternium SA (ADR) TX with a Buy rating. The price target for Ternium is set to $28.50. Ternium shares closed at $24.15 on Tuesday.
Analysts at Goldman Sachs initiated coverage on Yum China Holdings Inc YUMC with a Neutral rating. Yum China shares closed at $29.98 on Tuesday.
Analysts at JP Morgan initiated coverage of ZTO Express (Cayman) Inc (ADR) ZTO with an Overweight rating. The price target for ZTO Express is set to $19. ZTO Express shares closed at $15.07 on Tuesday.
Analysts at DA Davidson initiated coverage on First Business Financial Services Inc FBIZ with a Neutral rating. The price target for First Business Financial Services is set to $24. First Business Financial shares closed at $21.94 on Tuesday.
Seaport Global Securities initiated coverage on GasLog Ltd GLOG with a Neutral rating. The price target for GasLog is set to $18. GasLog shares closed at $16.40 on Tuesday.
Analysts at Citi initiated coverage on Koninklijke Philips NV (ADR) PHG with a Buy rating. Philips shares closed at $29.17 on Tuesday.