Benzinga's Top Initiations

Analysts at Boenning & Scattergood initiated coverage on A O Smith Corp. (NYSE: 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 (NASDAQ: 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. (NYSE: 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. (NYSE: XYL) with a Neutral rating. Xylem shares closed at $34.74 yesterday.