Today's noteworthy initiations include: Baxalta (BXLT) initiated with an Outperform at William Blair... Blue Buffalo Pet Products (BUFF) initiated with a Buy at Citi... Commercial Metals (CMC) initiated with a Buy at CLSA... Imprivata (IMPR) initiated with a Buy at Stifel... J.C. Penney (JCP) initiated with a Buy at B. Riley... Keysight Technologies (KEYS) reinstated with a Neutral at Goldman... Kite Pharma (KITE) initiated with a Buy at Standpoint Research... Live Oak Bancshares (LOB) initiated with a Hold at Sandler O'Neill... Monster Worldwide (MWW) initiated with an Outperform at Macquarie... Neos Therapeutics (NEOS) initiated with an Outperform at BMO Capital... Orion Marine (ORN) coverage assumed with an Overweight at Stephens.