Benzinga's Top Initiations

Analysts at JP Morgan initiated coverage on shares of CVR Refining CVRR with a “neutral” rating. The target price for CVR Refining is set to $26. CVR Refining's shares closed at $26.03 yesterday. Ladenburg Thalmann initiated coverage on shares of Aqua America WTR with a “buy” rating. The target price for Aqua America is set to $28. Aqua America's shares closed at $24.39 yesterday. Needham initiated coverage on shares of Tree.com TREE with a “buy” rating. The target price for Tree.com is set to $31. Tree.com's stock closed at $26.12 yesterday. Analysts at Banco BTG Pactual initiated coverage on shares of MercadoLibre MELI with a “neutral” rating. MercadoLibre's shares closed at $128.97 yesterday.