Catch up on the today's top analyst initiations with this list compiled by The Fly: 1. J.C. Penney (JCP) initiated with a Market Perform rating at Cowen by analyst Oliver Chen. The analyst said CEO Marvin Ellison is making the right changes to drive better comps and margins but the risks are too much to ignore, including the shift by consumers away from department stores, high leverage, and lack of conviction in margin expansion and sustainable growth. 2. Central Garden & Pet (CENT) initiated with a Sector Weight rating at KeyBanc by analyst Jason Gere, who said he's in the "wait-and-see camp" with regards to the stock. 3. HP Enterprise (HPE) initiated with a Neutral rating and $13 price target at Macquarie. 4. Repligen (RGEN) initiated with a Buy rating and $36 price target at Craig-Hallum by analyst Matt Tiampo. 5. Dassault Systemes (DASTY) initiated with a Sector Weight rating at Pacific Crest by analyst Monika Garg citing valuation. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.