Benzinga's Top Initiations

Analysts at Jefferies initiated coverage on La Jolla Pharma LJPC with a Buy rating. The target price for La Jolla Pharma is set to $25. La Jolla Pharma's shares closed at $9.40 on Friday. Imperial Capital initiated coverage on shares of Diamond Resorts DRII with a Outperform rating. The target price for Diamond Resorts is set to $34. Diamond Resorts' shares closed at $24.95 on Friday.