Coverage on (DNDN) (DTLK) (EXEL) (HSNI) (JDSU) and (MERC) Initiated

Coverage on Dendreon Co. (NASDAQ: DNDN), Datalink Corporation (NASDAQ: DTLK), Exelixis, Inc. (NASDAQ: EXEL), HSN, Inc. (NASDAQ: HSNI), JDS Uniphase Co. (NASDAQ: JDSU) and Mercer International Inc. (NASDAQ: MERC) initiated by analysts.

Credit Suisse (NYSE:CS) initiated coverage on Dendreon Co. (DNDN). They placed an “underperform” rating on the company.

Canaccord Genuity initiated coverage on Datalink Corporation (DTLK). They placed a “buy” rating and a price target of $10.00 on the company.

Goldman Sachs (NYSE:GS) initiated coverage on Exelixis, Inc. (EXEL). They placed a “neutral” rating and a price target of $13.00 on the company.

Piper Jaffray (NYSE:PJF) initiated coverage on HSN, Inc. (HSNI). They placed an “overweight” rating and a price target of $45.00 on the company.

Pacific Crest initiated coverage on JDS Uniphase Co. (JDSU). They placed an “outperform” rating on the company.

Canaccord Genuity initiated coverage on Mercer International Inc. (MERC). They placed a “buy” rating on the company.