Benzinga's Top Initiations

Analysts at HSBC initiated coverage on Freeport-McMoran Copper & Gold FCX with an “overweight” rating. The target price for Freeport-McMoran is set to $44. Freeport-McMoran's shares closed at $39.04 yesterday. Evercore Partners initiated coverage on shares of Time TIME with an “overweight” rating. The target price for Time is set to $28. Time's shares closed at $24.90 yesterday. Analysts at Macquarie initiated coverage on shares of World Acceptance WRLD with a “neutral” rating. The target price for World Acceptance is set to $86. World Acceptance's shares closed at $76.75 yesterday. First Analysis initiated coverage on shares of Xoom XOOM with an “overweight” rating. The target price for Xoom is set to $30. Xoom's shares closed at $24.36 yesterday.