Benzinga's Top Initiations

Analysts at Deutsche Bank initiated coverage on Cnova N.V. CNV with a Hold rating. The target price for Cnova is set to $8.50. Cnova's shares closed at $7.28 yesterday. JMP Securities initiated coverage on shares of Pernix Therapeutics Holdings, Inc. PTX with a Market Outperform rating. The target price for Pernix Therapeutics is set to $13. Pernix Therapeutics' shares closed at $9.39 yesterday. Analysts at DA Davidson initiated coverage on QLogic Corp. QLGC with a Buy rating. The target price for QLogic is set to $17. QLogic's shares closed at $12.77 yesterday. Analysts at Morgan Stanley initiated coverage on shares of Cnova N.V. CNV with a Overweight rating. The target price for Cnova is set to $11. Cnova's shares closed at $7.28 yesterday.