Benzinga's Top Initiations

Analysts at JMP Securities initiated coverage of American Campus Communities, Inc. (NYSE: ACC) with a Market Outperform rating. The target price for American Campus Communities is set to $41. American Campus Communities shares closed at $32.76 on Monday.

Analysts at Canaccord Genuity initiated coverage on IPG Photonics Corporation (NASDAQ: IPGP) with a Hold rating. The target price for IPG Photonics is set to $85. IPG Photonics shares closed at $82.59 on Monday.

JMP Securities initiated coverage of Mid-America Apartment Communities Inc (NYSE: MAA) with a Market Perform rating. The target price for Mid-America Apartment Communities is set to $85. Mid-America Apartment Communities shares closed at $77.83 on Monday.

Analysts at William Blair initiated coverage on Yelp Inc (NYSE: YELP) with a Market Perform rating. The target price for Yelp is set to $35. Yelp shares closed at $24.47 on Monday.

Analysts at Northland Securities initiated initiated coverage on EarthLink Holdings Corp. (NASDAQ: ELNK) with a Outperform rating. The target price for EarthLink Holdings is set to $10. EarthLink Holdings shares closed at $8.77 on Monday.

JMP Securities initiated coverage on UDR, Inc. (NYSE: UDR) with a Market Outperform rating. The target price for UDR is set to $37. UDR shares closed at $32.17 on Monday.

Analysts at Deutsche Bank initiated coverage of Corning Incorporated (NYSE: GLW) with a Buy rating. The target price for Corning is set to $21. Corning shares closed at $17.62 on Monday.

Analysts at Cleveland Research initiated coverage on Fitbit Inc (NYSE: FIT) with a Neutral rating. The target price for Fitbit is set to $38. Fitbit shares closed at $31.90 on Monday.