Benzinga's Top Initiations

Janney Capital initiated coverage on shares of Salix Pharmaceuticals (NASDAQ: SLXP) with a “buy” rating. The target price for Salix is set to $55. Salix's shares closed at $47.21 yesterday.

Analysts at Leerink initiated coverage on shares of Santarus (NASDAQ: SNTS) with a “outperform” rating. Santarus' shares closed at $12.93 yesterday.

JP Morgan initiated coverage on shares of Infinity Pharmaceuticals (NASDAQ: INFI) with an “overweight” rating. The target price for Infinity Pharmaceuticals is set to $42. Infinity Pharmaceuticals' stock closed at $33.37 yesterday.

Analysts at Janney Capital initiated coverage on shares of Forest Laboratories (NYSE: FRX) with a “buy” rating. The target price for Forest Labs is set to $45. Forest Labs' shares closed at $36.28 yesterday.

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