Benzinga's Top Initiations

Analysts at Deutsche Bank initiated coverage on shares of Level 3 Communications, Inc (NYSE: LVLT) with a “buy” rating. The target price range for Level 3 Communications is set to $26.00. Level 3 Communications shares closed at $20.00 yesterday.

Analysts at Canaccord Genuity initiated coverage on shares of Silver Spring Networks (NYSE: SSNI) with a “hold” rating. The target price range for Silver Spring Networks is set to $18.00. Silver Spring Networks shares closed at $18.10 yesterday.

Analysts at Deutsche Bank initiated coverage on shares of Windstream Corporation (NASDAQ: WIN) with a “hold” rating. Windstream Corporation shares closed at $8.40 yesterday.

Analysts at Goldman Sachs initiated coverage on shares of City National Corporation (NYSE: CYN) with a “neutral” rating. The target price range for City National Corporation is set to $62.00. City National Corporation shares closed at $57.19 yesterday.