Benzinga's Top Initiations

Analysts at CLSA initiated coverage on CSX Corporation CSX with a Underperform rating. CSX shares rose 1.30 percent to close at $25.75 on Wednesday. Analysts at FBR Capital initiated coverage on American Superconductor Corporation AMSC with a Outperform rating. American Superconductor shares fell 1.47 percent to close at $10.04 on Tuesday. Analysts at UBS initiated coverage on Phillips 66 PSX with a Neutral rating. Phillips 66 shares gained 0.01 percent to $78.14 in pre-market trading. CLSA initiated coverage on Norfolk Southern Corp. NSC with a Outperform rating. Norfolk Southern shares fell 0.41 percent to close at $85.51 on Wednesday. Piper Jaffray initiated coverage on Square Inc SQ with a Neutral rating. The target price for Square is set to $10. Square shares gained 2.40 percent to close at $9.40 on Tuesday. UBS initiated coverage on Marathon Petroleum Corp MPC with a Sell rating. Marathon Petroleum shares rose 1.86 percent to close at $36.74 on Tuesday. Analysts at Goldman Sachs initiated coverage on Freeport-McMoRan Inc FCX with a Neutral rating. The target price for Freeport-McMoRan is set to $12. Freeport-McMoRan shares fell 2.09 percent to $10.32 in pre-market trading.