Benzinga's Top Initiations

Chardan Capital initiated coverage on Caesarstone Sdot-Yam Ltd (NASDAQ: CSTE) with a Buy rating. The target price for Caesarstone Sdot-Yam is set to $44. Caesarstone Sdot-Yam shares closed at $33.02 on Tuesday.

Analysts at Sterne Agee CRT initiated coverage on Wayfair Inc (NYSE: W) with a Neutral rating. Wayfair shares closed at $41.76 on Tuesday.

Analysts at Bank of America initiated coverage on KapStone Paper and Packaging Corp. (NYSE: KS) with a Underperform rating. KapStone Paper and Packaging shares closed at $12.97 on Tuesday.

Analysts at Needham initiated coverage on Apple Inc. (NASDAQ: AAPL) with a Strong Buy rating. The target price for Apple is set to $150. Apple shares closed at $109.81 on Tuesday.

Bank of America initiated coverage on Tokai Pharmaceuticals Inc (NASDAQ: TKAI) with a Buy rating. Tokai Pharmaceuticals shares closed at $5.85 on Tuesday.

Wunderlich initiated coverage on WPX Energy Inc (NYSE: WPX) with a Buy rating. WPX Energy shares closed at $6.34 on Tuesday.

Analysts at Goldman Sachs initiated coverage on China Eastern Airlines Corp. Ltd. (ADR) (NYSE: CEA) with a Buy rating. China Eastern Airlines shares closed at $28.91 on Tuesday.

Analysts at Argus Research initiated coverage on Sherwin-Williams Co (NYSE: SHW) with a Hold rating. The target price for Sherwin-Williams is set to $293. Sherwin-Williams shares closed at $287.24 on Tuesday.

Northland Securities initiated coverage of Tile Shop Hldgs, Inc. (NASDAQ: TTS) with a Outperform rating. The target price for Tile Shop is set to $19.50. Tile Shop shares closed at $15.32 on Tuesday.

Analysts at Bank of America initiated coverage of Liberty Media Corp (NASDAQ: LMCA) with a Buy rating. Liberty Media shares closed at $38.13 on Tuesday.