Benzinga's Top Initiations

Analysts at Pacific Crest initiated coverage on shares of Time Warner Cable TWC with a “sector perform” rating. Time Warner Cable's shares closed at $99.25 on Friday. Time Warner Cable's trailing-twelve-month revenue is $20.44 billion. Citigroup initiated coverage on shares of Kindred Healthcare KND with a “neutral” rating. Kindred Healthcare's stock closed at $11.77 on Friday. Kindred Healthcare had $113.49 million in total cash for the latest quarter. Cowen initiated coverage on shares of Cerus CERS with an “outperform” rating. Cerus' shares closed at $3.36 on Friday. Cerus' trailing-twelve-month revenue is $37.68 million. Analysts at Sterne Agee initiated coverage on shares of Brocade Communications Systems BRCD with a “neutral” rating. Brocade's shares closed at $6.0650 on Friday. Brocade's PEG ratio is 1.02.