Benzinga's Top Initiations

Analysts at Morgan Stanley initiated coverage on shares of La Quinta Holdings LQ with an “overweight” rating. The target price for La Quinta Holdings is set to $23. La Quinta's shares closed at $16.70 on Friday. Analysts at Piper Jaffray initiated coverage on shares of Adamas Pharmaceuticals ADMS with an “overweight” rating. The target price for Adamas Pharmaceuticals is set to $32. Adamas Pharmaceuticals' shares closed at $20.01 on Friday. McNicoll Lewis Vlak initiated coverage on shares of pSivida PSDV with a “buy” rating. The target price for pSivida is set to $6. pSivida's shares closed at $3.65 on Friday. Stifel Nicolaus initiated coverage on shares of King Digital Entertainment KING with a “buy” rating. The target price for King Digital Entertainment is set to $22. King Digital's shares closed at $17.56 on Friday.