Benzinga's Top Initiations

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Analysts at Wunderlich initiated coverage on State Bank Financial
STBZ
with a “buy” rating. The target price for State Bank Financial is set to $23. State Bank Financial's shares closed at $17.11 yesterday. Canaccord Genuity initiated coverage on shares of Aerie Pharmaceuticals
AERI
with a “buy” rating. The target price for Aerie Pharmaceuticals is set to $40. Aerie Pharma's shares closed at $23.99 yesterday. Analysts at RBC Capital initiated coverage on shares of Parsley Energy
PE
with a “sector perform” rating. The target price for Parsley Energy is set to $27. Parsley Energy's shares closed at $23.12 yesterday. Raymond James initiated coverage on shares of Sterling Bancorp
STL
with an “outperform” rating. The target price for Sterling Bancorp is set to $14. Sterling Bancorp's shares closed at $12.23 yesterday.
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