Benzinga's Top Initiations

Analysts at Sterne Agee initiated coverage on shares Allegheny Technologies

with an “underperform” rating. The target price for Allegheny Technologies is set to $27. Allegheny's shares closed at $32.03 yesterday. Analysts at Bank of America initiated coverage on shares Flowserve

with a “buy” rating. The target price for Flowserve is set to $72. Flowserve's stock closed at $62.41 yesterday. Credit Suisse initiated coverage on shares of United States Steel

with a “neutral” rating. The target price for United States Steel is set to $19. United States Steel's shares closed at $23.52 yesterday. Wells Fargo initiated coverage on shares of Cliffs Natural Resources

with a “market perform” rating. Cliffs Natural's shares closed at $22.64 yesterday.