Benzinga's Top Initiations

Analysts at Jefferies initiated coverage on shares of Pike Electric PIKE with a “hold” rating. The target price for Pike Electric is set to $11. Pike Electric's shares closed at $10.33 yesterday. JP Morgan initiated coverage on shares of Hertz Global Holdings HTZ with an “overweight” rating. The target price for Hertz Global is set to $29. Hertz Global's shares closed at $21.80 yesterday. Analysts at Bank of America initiated coverage on shares Hancock Holding Company HBHC with an “underperform” rating. The target price for Hancock Holding is set to $29. Hancock Holding's stock closed at $30.77 yesterday. MainFirst initiated coverage on shares of GlaxoSmithKline PLC GSK with an “outperform” rating. GlaxoSmithKline's shares closed at $49.54 yesterday.