Benzinga's Top Initiations - Jack In The Box (NASDAQ:JACK)

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Analysts at Cowen & Company initiated coverage on Jack in the Box Inc. (NASDAQ: JACK) with a Outperform rating. The target price for Broadcom is set to $83. Broadcom shares rose 0.82 percent to $69.24 in pre-market trading.William Blair initiated coverage on Level 3 Communications, Inc. (NYSE: LVLT) with a Outperform rating. Level 3 Communications shares rose 0.37 percent to $53.88 in pre-market trading.Avondale Partners initiated coverage on McKesson Corporation (NYSE: MCK) with a Market Perform rating. The target price for McKesson is set to $203. McKesson shares closed at $174.00 on Monday.

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