Benzinga's Top Initiations

Analysts at Morgan Stanley initiated coverage on shares of IAC/InterActiveCorp

with an “equal-weight” rating. The target price for IAC/InterActiveCorp is set to $67. IAC/InterActiveCorp's shares closed at $68.42 on Friday. Analysts at Credit Suisse initiated coverage on shares of Valero Energy Partners LP

with an “outperform” rating. The target price for Valero Energy Partners is set to $38. Valero Energy's shares closed at $32.60 on Friday. Standpoint Research initiated coverage on shares of Philip Morris International

with a “sell” rating. Philip Morris International's shares closed at $85.53 on Friday. Deutsche Bank initiated coverage on shares of Authome

with a “hold” rating. The target price for Authome is set to $34. Authome's shares closed at $33.24 on Friday.