Benzinga's Top Initiations

Analysts at Jefferies initiated coverage on shares of Cempra

with a “buy” rating. The target price range for Cempra is set to $10. Cempra's shares closed at $6.97 yesterday. Topeka Capital initiated coverage on shares of Laredo Petroleum Holdings

with a “buy” rating. The target price for Laredo Petroleum Holdings is set to $23. Laredo Petroleum Holdings' shares closed at $18.84 yesterday. MKM Partners initiated coverage on shares of Pandora Media

with a “sell” rating. The target price for Pandora is set to $10. Pandora's stock closed at $16.29 yesterday. Analysts at Barclays initiated coverage on shares of Verizon Communications

with an “overweight” rating. The target price for Verizon Communications is set to $59. Verizon Communications' shares closed at $53.10 yesterday.