Benzinga's Top Initiations

Analysts at Jefferies initiated coverage on Federated Investors

with a Buy rating. The target price for Federated Investors is set to $35. Federated Investors' shares closed at $30.14 yesterday. JMP Securities initiated coverage on shares of MeetMe

with a Market Outperform rating. The target price for MeetMe is set to $3. MeetMe's shares closed at $2.45 yesterday. Analysts at KeyBanc initiated coverage on shares of PNM Resources

with a Hold rating. PNM Resources' shares closed at $25.82 yesterday. Stifel Nicolaus initiated coverage on shares of US Ecology

with a Buy rating. The target price for US Ecology is set to $52. US Ecology's shares closed at $44.25 yesterday.