Benzinga's Top Initiations

Janney Capital initiated coverage on shares of Salix Pharmaceuticals SLXP with a “buy” rating. The target price for Salix is set to $55. Salix's shares closed at $47.21 yesterday. Analysts at Leerink initiated coverage on shares of Santarus SNTS with a “outperform” rating. Santarus' shares closed at $12.93 yesterday. JP Morgan initiated coverage on shares of Infinity Pharmaceuticals INFI with an “overweight” rating. The target price for Infinity Pharmaceuticals is set to $42. Infinity Pharmaceuticals' stock closed at $33.37 yesterday. Analysts at Janney Capital initiated coverage on shares of Forest Laboratories FRX with a “buy” rating. The target price for Forest Labs is set to $45. Forest Labs' shares closed at $36.28 yesterday.