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Research Analysts’ new coverage for Thursday, May 15th:

JPMorgan Chase & Co. began coverage on shares of ACADIA Pharmaceuticals (NASDAQ:ACAD). The firm issued an overweight rating on the stock.

Cantor Fitzgerald Europe initiated coverage on shares of Acal plc (LON:ACL). The firm issued a buy rating and a GBX 420 ($7.07) price target on the stock.

Berenberg Bank began coverage on shares of ASOS plc (LON:ASC). They issued a buy rating and a GBX 5,350 ($90.11) price target on the stock.

N+1 Singer initiated coverage on shares of Bagir Group (LON:BAGR). They issued a corporate rating on the stock.

B. Riley assumed coverage on shares of Cherokee (NASDAQ:CHKE). B. Riley issued a buy rating and a $20.00 target price on the stock.

Berenberg Bank initiated coverage on shares of Debenhams Plc (LON:DEB). They issued a hold rating and a GBX 87 ($1.47) price target on the stock.

SunTrust started coverage on shares of First Commonwealth Financial Corp. (Pennsylvania) (NYSE:FCF). SunTrust issued a neutral rating on the stock.

Brean Capital initiated coverage on shares of Miller Energy Resources (NASDAQ:MILL). Brean Capital issued a buy rating and a $8.00 price target on the stock.

Berenberg Bank initiated coverage on shares of Marks and Spencer Group Plc (LON:MKS). The firm issued a hold rating and a GBX 415 ($6.99) price target on the stock.

Roth Capital began coverage on shares of Magellan Petroleum Corp (NASDAQ:MPET). They issued a buy rating and a $4.50 price target on the stock.

B. Riley assumed coverage on shares of Magellan Petroleum Corp (NASDAQ:MPET). The firm issued a buy rating on the stock.

Berenberg Bank started coverage on shares of NEXT plc (LON:NXT). The firm issued a buy rating and a GBX 7,740 ($130.37) price target on the stock.

SunTrust began coverage on shares of People's United Financial (NASDAQ:PBCT). The firm issued a neutral rating on the stock.

Cowen and Company began coverage on shares of Pentair, Ltd. Registered Share (NYSE:PNR). They issued a market perform rating on the stock.

Berenberg Bank assumed coverage on shares of Supergroup PLC (LON:SGP). They issued a buy rating and a GBX 1,490 ($25.10) price target on the stock.

SunTrust started coverage on shares of Susquehanna (NASDAQ:SUSQ). The firm issued a neutral rating on the stock.

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