Benzinga's Top Initiations

Analysts at Canaccord Genuity initiated coverage on Bonanza Creek Energy Inc BCEI with a Buy rating. The target price for Bonanza Creek Energy is set to $29. Bonanza Creek Energy shares closed at $17.95 yesterday. Analysts at Credit Suisse initiated coverage on Shopify Inc SHOP with a Outperform rating. The target price for Shopify is set to $40. Shopify shares closed at $31.32 yesterday. Analysts at Deutsche Bank initiated coverage on Penntex Midstream Partners LP PTXP with a Buy rating. The target price for Penntex Midstream is set to $23. Penntex Midstream shares closed at $19.47 yesterday. Bank of America initiated coverage on DavidsTea Inc DTEA with a Neutral rating. The target price for DavidsTea is set to $24. DavidsTea shares closed at $22.48 yesterday. Analysts at Canaccord Genuity initiated coverage on Bill Barrett Corporation BBG with a Buy rating. The target price for Bill Barrett is set to $12. Bill Barrett shares closed at $8.43 yesterday. Stifel Nicolaus initiated coverage on EndoChoice Holdings Inc GI with a Buy rating. The target price for EndoChoice Holdings is set to $20. EndoChoice Holdings' shares closed at $16.09 yesterday. Analysts at Bank of America initiated coverage on Newfield Exploration Co. NFX with a Buy rating. The target price for Newfield Exploration is set to $47. Newfield Exploration shares closed at $34.84 yesterday. UBS initiated coverage on Genesis Healthcare Inc GEN with a Neutral rating. The target price for Genesis Healthcare is set to $7. Genesis Healthcare shares closed at $6.53 yesterday. Analysts at Goldman Sachs initiated coverage on Evolent Health Inc EVH with a Buy rating. The target price for Evolent Health is set to $23. Evolent Health shares closed at $18.83 yesterday. Pacific Crest initiated coverage on Shopify Inc SHOP with a Sector Weight rating. Shopify shares closed at $31.32 yesterday.