Benzinga's Top Initiations

Analysts at JP Morgan initiated coverage on shares of Piedmont Natural Gas Company, Inc. (NYSE: PNY) with a “neutral” rating. The target price range for Piedmont Natural Gas Company is set to $33.00. Piedmont Natural Gas Company shares closed at $34.39 yesterday. Analysts at Stifel Nicolaus...

Analysts at Morgan Stanley initiated coverage on shares of Semgroup Corporation (NYSE: SEMG) with a “overweight” rating. The target price range for Semgroup Corporation is set to $62.00. Semgroup Corporation shares closed at $49.82 yesterday. Analysts at Jefferies initiated coverage on shares of...

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...

Analysts at Bank of America downgraded Protective Life Corporation (NYSE: PL) from “neutral” to “underperform”. The target price for Protective Life Corporation has been maintained at $34.00. Protective Life Corporation shares closed at $35.00 yesterday. Analysts at Citigroup downgraded Lufkin...