Benzinga's Top Initiations

Analysts at JP Morgan initiated coverage on shares of 21st Century Fox FOXA with an “overweight” rating. The target price for 21st Century Fox is set to $39. 21st Century Fox's shares closed at $33.15 yesterday. Barclays initiated coverage on shares of VALE SA VALE with an “underweight” rating. The target price for VALE is set to $13. VALE's shares closed at $15.50 yesterday. Analysts at Wunderlich initiated coverage on shares of Cedar Realty Trust CDR with a “buy” rating. The target price for Cedar Realty Trust is set to $6.75. Cedar Realty Trust's stock closed at $5.13 yesterday. JP Morgan initiated coverage on shares of Isis Pharmaceuticals ISIS with a “neutral” rating. The target price for Isis Pharmaceuticals is set to $37. Isis Pharmaceuticals' shares closed at $35.83 yesterday.