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Stock Analysts’ new coverage for Monday, July 7th:

Drexel Hamilton started coverage on shares of AFLAC (NYSE:AFL). Drexel Hamilton issued a buy rating and a $70.00 target price on the stock.

CRT Capital initiated coverage on shares of Boston Scientific (NYSE:BSX). CRT Capital issued a buy rating and a $16.00 price target on the stock.

Hudson Square Research began coverage on shares of Cineplex (TSE:CGX). The firm issued a buy rating and a C$47.00 target price on the stock.

Morgan Stanley began coverage on shares of Computer Sciences (NYSE:CSC). They issued an underweight rating and a $60.00 target price on the stock.

Piper Jaffray began coverage on shares of Horizon Pharma (NASDAQ:HZNP). Piper Jaffray issued an overweight rating on the stock.

Drexel Hamilton started coverage on shares of Metlife (NYSE:MET). The firm issued a buy rating and a $63.00 price target on the stock.

Citigroup Inc. initiated coverage on shares of Nordic American Offshore (NYSE:NAO). They issued an outperform rating and a $22.00 price target on the stock. The analysts wrote, “Unlike existing public OSV companies, NAO’s focus is to return all cash flow from operations as dividends, hence the 9% yield. (OSV competitors are yielding ~2%.) The OSV market is cyclical; hence, maintaining low leverage is key to NAO’s strategy. “Another key to the strategy is growth. NAO plans to grow organically and through acquisition (think small private players); however, as NAO pays out its cash as dividends, we expect fleet growth to be driven by equity raises. As long as NAO trades above NAV (we estimate ~$14), issuing equity would be accretive to NAV, assuming it buys boats at fair market value. More importantly, new boats would drive the dividend higher.”

Oppenheimer began coverage on shares of Ophthotech Corp (NASDAQ:OPHT). They issued an outperform rating and a $95.00 price target on the stock.

Drexel Hamilton assumed coverage on shares of Prudential Financial (NYSE:PRU). Drexel Hamilton issued a buy rating and a $104.00 target price on the stock.

Hudson Square Research initiated coverage on shares of Regal Entertainment Group (NYSE:RGC). The firm issued a buy rating and a $26.00 price target on the stock.

CRT Capital initiated coverage on shares of St. Jude Medical (NYSE:STJ). CRT Capital issued a buy rating and a $80.00 target price on the stock.

Highline Research Advisors assumed coverage on shares of Titan Pharmaceuticals (NASDAQ:TTNP). The firm issued a buy rating and a $3.00 target price on the stock.

FBR Capital Markets started coverage on shares of TherapeuticsMD (NASDAQ:TXMD). They issued an outperform rating on the stock.

S&P Equity Research assumed coverage on shares of Williams-Sonoma (NYSE:WSM). The firm issued a buy rating and a $2.85 price target on the stock.

Morgan Stanley initiated coverage on shares of Xerox Corp (NYSE:XRX). They issued an overweight rating and a $15.00 target price on the stock.

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