Benzinga's Top Initiations

RBC Capital initiated coverage on Wal-Mart Stores, Inc. (NYSE: WMT) with a Underperform rating and a $66 price target. Wal-Mart shares have dropped 13.49 percent over the past 52 weeks, while the S&P 500 index has declined 0.38 percent in the same period. Wal-Mart closed at $67.54 on Monday.Analysts at SunTrust Robinson Humphrey initiated coverage on The Kroger Co (NYSE: KR) with a Neutral rating and a $39 price target. Kroger shares have gained 3.89 percent over the past 52 weeks, while the S&P 500 index has slipped 0.38 percent in the same period. Kroger gained 0.11 percent to close at $35.43 on Monday.RBC Capital initiated coverage on Costco Wholesale Corporation (NASDAQ: COST) with a Outperform rating and a $169 price target. Costco Wholesale shares have gained 4.45 percent over the past 52 weeks, while the S&P 500 index has dropped 0.38 percent in the same period. Costco Wholesale rose 1.89 percent to close at $150.93 on Monday.Analysts at JMP Securities initiated coverage on Intrexon Corp (NYSE: XON) with a Market Outperform rating. Intrexon shares have tumbled 29.52 percent over the past 52 weeks, while the S&P 500 index has dropped 0.38 percent in the same period. Intrexon rose 0.07 percent to close at $27.57 on Monday.