Benzinga's Top Initiations

Analysts at Wunderlich initiated coverage on Franklin Street Properties Corp. FSP with a Buy rating. The target price for Franklin Street Properties is set to $15.50. Franklin Street Properties' shares closed at $13.06 yesterday. Analysts at Cowen & Company initiated coverage on Otonomy, Inc. OTIC with a Outperform rating. The target price for Otonomy is set to $55. Otonomy's shares closed at $30.14 yesterday. Credit Suisse initiated coverage on Starwood Property Trust, Inc. STWD with a Outperform rating. The target price for Starwood Property is set to $26. Starwood Property's shares closed at $24.19 yesterday. Analysts at Telsey initiated coverage on Restoration Hardware Holdings, Inc. RH with a Outperform rating. The target price for Restoration Hardware Holdings is set to $110. Restoration Hardware Holdings' shares closed at $91.95 yesterday.