Benzinga's Top Initiations

Analysts at Piper Jaffray initiated coverage on

with a Overweight rating. The target price for Proofpoint is set to $65. Proofpoint's shares closed at $56.89 yesterday. Analysts at Edward Jones initiated coverage on

with a Buy rating. Actavis' shares closed at $295.70 on Friday. Analysts at Leerink Swann initiated coverage on

with a Outperform rating. The target price for HealthEquity is set to $28. HealthEquity's shares closed at $21.50 on Friday. William Blair initiated coverage on

with a Outperform rating. Patriot National's shares closed at $13.23 on Friday.