Benzinga's Top Initiations

Analysts at CRT Capital initiated coverage on shares of Consolidated Edison ED with a “fairly valued” rating. The target price for Consolidated Edison is set to $53. Consolidated Edison's shares closed at $54.75 yesterday. Goldman Sachs initiated coverage on shares of Castlight Health CSLT with a “neutral” rating. The target price for Castlight Health is set to $22. Castlight Health's shares closed at $19.49 yesterday. Barclays initiated coverage on shares of Cempra CEMP with an “equal-weight” rating. The target price for Cempra is set to $13. Cempra's shares closed at $10.60 yesterday. Analysts at Brinson Patrick initiated coverage on shares of MannKind MNKD with a “market outperform” rating. The target price for MannKind is set to $12. MannKind's shares closed at $6.32 yesterday.
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