Benzinga's Top Initiations

Analysts at FBR Capital initiated coverage on SLM Corp SLM with an Outperform rating. The price target for SLM is set to $13. SLM shares closed at $10.34 on Thursday.
Analysts at Oppenheimer initiated coverage on Paycom Software Inc PAYC with an Outperform rating. The price target for Paycom Software is set to $55. Paycom Software shares closed at $42.61 on Thursday.
Analysts at KeyBanc initiated coverage of Hormel Foods Corp HRL with a Sector Weight rating. Hormel shares closed at $33.29 on Thursday.
Analysts at Bernstein initiated coverage on Halliburton Company HAL with an Outperform rating. The price target for Halliburton is set to $64. Halliburton shares closed at $53.24 on Thursday.
Analysts at BMO Capital initiated coverage on Exxon Mobil Corporation XOM with a Market Perform rating. The price target for Exxon Mobil is set to $78. Exxon Mobil shares closed at $87.24 on Thursday.
Analysts at Guggenheim initiated coverage on Pfizer Inc. PFE with a Neutral rating. Pfizer shares closed at $31.46 on Thursday.
Analysts at Summit Redstone Partners initiated coverage on Palo Alto Networks Inc PANW with a Hold rating. The price target for Palo Alto is set to $120. Palo Alto shares closed at $129.62 on Thursday.
Bernstein initiated coverage on Schlumberger Limited. SLB with a Market Perform rating. The price target for Schlumberger is set to $92. Schlumberger shares closed at $84.61 on Thursday.
Dougherty initiated coverage on athenahealth, Inc ATHN with a Buy rating. The price target for athenahealth is set to $130. athenahealth shares closed at $92.41 on Thursday.
Janney Capital initiated coverage on Pacira Pharmaceuticals Inc PCRX with a Neutral rating. The price target for Pacira Pharmaceuticals is set to $31. Pacira Pharmaceuticals shares closed at $30.55 on Thursday.