Benzinga's Top Initiations

Analysts at Nomura initiated coverage on shares of Akebia Therapeutics AKBA with a “buy” rating. The target price for Akebia Therapeutics is set to $39. Akebia Therapeutics' shares closed at $16.86 yesterday. Credit Suisse initiated coverage on shares of Arlington Asset Investment AI with a “neutral” rating. The target price for Arlington Asset Investment is set to $26. Arlington Asset Investment's shares closed at $25.65 yesterday. SunTrust Robinson Humphrey initiated coverage on shares of Pandora Media P with a “buy” rating. The target price for Pandora Media is set to $34. Pandora's shares closed at $25.31 yesterday. Analysts at Stifel Nicolaus initiated coverage on shares of Q2 Holdings QTWO with a “buy” rating. The target price for Q2 Holdings is set to $18. Q2 Holdings' shares closed at $13.68 yesterday.