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Analysts at Morgan Stanley initiated coverage on shares of Mallinckrodt PLC (NYSE: MNK) with an “overweight” rating. The target price for Mallinckrodt is set to $60. Mallinckrodt's shares closed at $52.16 yesterday.

Analysts at UBS initiated coverage on shares of Burger King Worldwide (NYSE: BKW) with a “buy” rating. The target price for Burger King Worldwide is set to $26. Burger King's shares closed at $22.22 yesterday.

Jefferies initiated coverage on shares of Citigroup (NYSE: C) with a “hold” rating. The target price for Citigroup is set to $60. Citigroup's shares closed at $54.18 yesterday.

Nomura initiated coverage on shares of Biogen Idec (NASDAQ: BIIB) with a “buy” rating. The target price for Biogen Idec is set to $368. Biogen Idec's shares closed at $273.52 yesterday.

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