Benzinga's Top Initiations

DA Davidson initiated coverage on Aircastle Limited (NYSE: AYR) with a Neutral rating. The target price for Aircastle is set to $23. Aircastle shares closed at $20.68 yesterday.

Analysts at FBR Capital initiated coverage on Teladoc Inc (NYSE: TDOC) with a Outperform rating. The target price for Teladoc is set to $40. Teladoc shares closed at $26.50 yesterday.

Analysts at Stifel Nicolaus initiated coverage on Masonite International Corp (NYSE: DOOR) with a Hold rating. Masonite International shares closed at $67.62 yesterday.

Axiom initiated coverage on United States Steel Corporation (NYSE: X) with a Sell rating. The target price for United States Steel is set to $11. United States Steel shares closed at $16.91 yesterday.

Analysts at DA Davidson initiated coverage on Air Lease Corp (NYSE: AL) with a Buy rating. The target price for Air Lease is set to $50. Air Lease shares closed at $32.80 yesterday.

Analysts at Axiom initiated coverage on Joy Global Inc. (NYSE: JOY) with a Buy rating. The target price for Joy Global is set to $21. Joy Global shares closed at $24.79 yesterday.

Analysts at DA Davidson initiated coverage on CIT Group Inc. (NYSE: CIT) with a Buy rating. The target price for CIT Group is set to $56. CIT Group shares closed at $44.79 yesterday.

Analysts at Axiom initiated coverage on Cliffs Natural Resources Inc (NYSE: CLF) with a Sell rating. The target price for Cliffs Natural is set to $2. Cliffs Natural shares closed at $3.23 yesterday.