Benzinga's Top Initiations

Analysts at Cantor Fitzgerald initiated coverage on shares of Michael Kors Holdings KORS with a “buy” rating. The target price for Michael Kors is set to $106. Michael Kors' shares closed at $96.01 yesterday. Analysts at Nomura initiated coverage on shares of Costco Wholesale COST with a “buy” rating. The target price for Costco Wholesale is set to $125. Costco's shares closed at $114.81 yesterday. Wells Fargo initiated coverage on shares of IHS IHS with an “outperform” rating. IHS's shares closed at $113.41 yesterday. Canaccord Genuity initiated coverage on shares of Stein Mart SMRT with a “buy” rating. The target price for Stein Mart is set to $18. Stein Mart's shares closed at $12.10 yesterday.