Today's noteworthy initiations include: Aspen Aerogels (ASPN) initiated with a Buy at Citigroup... Big 5 Sporting (BGFV) initiated with a Market Perform at Barrington... Bill Barrett (BBG) initiated with a Market Perform at Cowen... Blueknight Energy Partners (BKEP) initiated with an Outperform at RBC Capital... Bonanza Creek (BCEI) initiated with a Market Perform at Cowen... Cameron (CAM) initiated with a Neutral at Citigroup... CoBiz Financial (COBZ) initiated with an Outperform at Macquarie... Easterly Government Properties (DEA) initiated with an Outperform at Raymond James... Enable Midstream (ENBL) initiated with a Sector Perform at RBC Capital... Ensco (ESV) initiated with a Neutral at Susquehanna... First Business Financial (FBIZ) initiated with a Buy at Sandler O'Neill... Johnson Outdoors (JOUT) initiated with an Outperform at Barrington... Knowles (KN) initiated with a Buy at Topeka... LoJack (LOJN) initiated with a Buy at Aegis... LyondellBasell (LYB) initiated with a Hold at Argus... Madison Square Garden (MSG) initiated with a Buy at BTIG... NCI Building (NCS) initiated with an Outperform at Credit Suisse... NXP Semiconductors (NXPI) initiated at Needham... PDC Energy (PDCE) initiated with an Outperform at Cowen... Vitesse (VTSS) initiated with a Buy at Topeka.

Susquehanna analyst Christopher Rolland raised the firm's price target on Impinj (PI) to $150 from $140 and keeps a Positive rating on the shares. The firm said they posted a solid print with additional upside driven by the licensing win from NXP Semiconductors (NXPI). Customer engagements and new RFID markets continue to broaden the opportunity.

BofA raised the firm's price target on Texas Instruments (TXN) to $190 from $175 and keeps a Neutral rating on the shares. TI's small Q1 beat and inline but sequentially rising Q2 sales guidance, "while modest, potentially marks a recovery inflection in industrial chip demand," with positive read-across for U.S. peers such as Analog Devices (ADI), Microchip (MCHP), NXP Semiconductors (NXPI) and On Semiconductor (ON), the analyst tells investors. However, despite an expected recovery, TI's sustained high capex intensity could keep reported calendar year 2024-26 pro-forma EPS below $6 per share, the analyst added.