Benzinga's Top Initiations

Piper Jaffray initiated coverage on Teleflex Incorporated TFX with a Overweight rating. The target price for Teleflex is set to $153. Teleflex shares closed at $131.40 on Friday. Analysts at JP Morgan initiated coverage on SLM Corp SLM with a Overweight rating. The target price for SLM is set to $10. SLM shares closed at $6.71 on Friday. CIBC initiated coverage on Concordia Healthcare Corp CXRX with a Sector Perform rating. The target price for Concordia Healthcare is set to $47. Concordia Healthcare shares closed at $37.95 on Friday. Analysts at JP Morgan initiated coverage of Navient Corp NAVI with a Overweight rating. The target price for Navient is set to $15. Navient shares closed at $11.77 on Friday. Ladenburg Thalmann initiated coverage of MPLX LP MPLX with a Buy rating. The target price for MPLX is set to $79. MPLX shares closed at $41.05 on Friday. CIBC initiated coverage on Cipher Pharmaceuticals Inc. CPHR with a Outperform rating. The target price for Cipher Pharmaceuticals is set to $6.20. Cipher Pharmaceuticals shares closed at $4.25 on Friday.