Benzinga's Top Initiations

Analysts at JP Morgan initiated coverage on Halozyme Therapeutics HALO with a Outperform rating. The target price for Halozyme Therapeutics is set to $13. Halozyme Therapeutics' shares closed at $9.29 yesterday. Cowen & Company initiated coverage on shares of Lorillard LO with an Underperform rating. The target price for Lorillard is set to $57. Lorillard's shares closed at $63.09 yesterday. Analysts at Oppenheimer initiated coverage on shares of Prothena PRTA with a Outperform rating. The target price for Prothena is set to $40. Prothena's shares closed at $20.94 yesterday. Jefferies initiated coverage on shares of Sterling Bancorp STL with a Buy rating. The target price for Sterling Bancorp is set to $14. Sterling Bancorp's shares closed at $12.11 yesterday.