Benzinga's Top Initiations
September 11, 2013 at 07:33 AM EDT
Analysts at Morgan Stanley initiated coverage on shares of PHH (NYSE: PHH ) with an “equal-weight” rating. The target price for PHH is set to $23. PHH's shares closed at $21.10 yesterday. Deutsche Bank initiated coverage on shares of lululemon athletica (NASDAQ: LULU ) with a “hold” rating.