Benzinga's Top Initiations

JMP Securities initiated coverage on First Solar, Inc. FSLR with a Market Underperform rating. The price target for First Solar is set to $32. First Solar shares declined 2.57 percent to $37.50 in pre-market trading.
Analysts at Cowen & Co. initiated coverage on Tesla Motors Inc TSLA with an Underperform rating. The price target for Tesla is set to $160. Tesla shares dropped 1.72 percent to $198.25 in pre-market trading.
National Bank Financial initiated coverage on Goldcorp Inc. (USA) GG with an Outperform rating. Goldcorp shares slipped 0.06 percent to $16.65 in pre-market trading.
Analysts at CL King initiated coverage on AutoNation, Inc. AN with a Buy rating. AutoNation shares rose 0.59 percent to $49.35 in pre-market trading.
Mitsubishi UFJ initiated coverage of Pioneer Natural Resources PXD with a Neutral rating. The price target for Pioneer Natural is set to $200. Pioneer Natural shares rose 2.62 percent to close at $188.31 on Wednesday.
Analysts at Argus Research initiated coverage of Fortive Corp FTV with a Hold rating. Fortive shares rose 0.40 percent to close at $52.94 on Wednesday.
Analysts at JMP Securities initiated coverage on SunPower Corporation SPWR with a Market Underperform rating. The price target for SunPower is set to $6. SunPower shares fell 3.13 percent to $9.89 in pre-market trading.
Analysts at KeyBanc initiated coverage on Wingstop Inc WING with an Overweight rating. Wingstop shares fell 0.80 percent to close at $31.11 on Wednesday.
Analysts at Oppenheimer initiated coverage on Nextera Energy Partners LP NEP with an Outperform rating. Nextera Energy Partners shares gained 1.65 percent to close at $30.75 on Wednesday.
Analysts at Morgan Stanley resumed coverage on VimpelCom Ltd (ADR) VIP with an Overweight rating. The price target for VimpelCom is set to $5.70. VimpelCom shares fell 1.65 percent to close at $4.18 on Wednesday.

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