Benzinga's Top Initiations

Analysts at Nomura initiated coverage on Tetraphase Pharmaceuticals, Inc. TTPH with a Buy rating. The target price for Tetraphase Pharmaceuticals is set to $54. Tetraphase Pharmaceuticals' shares closed at $39.20 on Friday. Analysts at Bernstein initiated coverage on Melco Crown Entertainment Limited MPEL with a Outperform rating. The target price for Melco Crown Entertainment is set to $32. Melco Crown Entertainment's shares closed at $23.00 on Friday. KeyBanc initiated coverage on Vista Outdoor Inc. VSTO with a Sector Weight rating. Vista Outdoor's shares closed at $43.96 on Friday. Analysts at BMO Capital initiated coverage on Microsemi Corporation MSCC with a Outperform rating. The target price for Microsemi is set to $47. Microsemi's shares closed at $36.34 on Friday.