Benzinga's Top Initiations

Analysts at Piper Jaffray initiated coverage on shares of Houghton Mifflin Harcourt Co (NASDAQ: HMHC ) with a “neutral” rating. The target price for Houghton Mifflin Harcourt is set to $20. Houghton Mifflin Harcourt's shares closed at $16.86 yesterday. Analysts at Credit Suisse initiated coverage on shares of Ultrapar Participacoes