Benzinga's Top Initiations

Analysts at Boenning & Scattergood initiated coverage on A O Smith Corp. AOS with a Outperform rating. The target price for A O Smith is set to $62. A O Smith's shares closed at $59.73 yesterday. Analysts at Jefferies initiated coverage on Madison Square Garden Company MSG with a Hold rating. The target price for Madison Square Garden is set to $85. Madison Square Garden shares closed at $75.22 yesterday. Barrington Research initiated coverage on Townsquare Media, Inc. TSQ with a Outperform rating. The target price for Townsquare Media is set to $16. Townsquare Media's shares closed at $12.63 yesterday. Analysts at Boenning & Scattergood initiated coverage on Xylem Inc. XYL with a Neutral rating. Xylem shares closed at $34.74 yesterday.