Coverage on (NUE) (SCHN) (STLD) (JDAS) (JNJ) Initiated by Analysts

Analysts initiated coverage on Nucor Co. (NYSE: NUE), Schnitzer Steel (NASDAQ: SCHN), Steel Dynamics, Inc. (NASDAQ: STLD), JDA Software Group, Inc. (NASDAQ: JDAS) and Johnson & Johnson (NYSE: JNJ).

Jefferies (NYSE:JEF) initiated coverage on Nucor Co. (NUE). They placed a “buy” rating and a price target of $52.00 on the company.

Jefferies initiated coverage on Schnitzer Steel (SCHN). They placed a “buy” rating and a $70.00 price target on the company.

Jefferies initiated coverage on Steel Dynamics, Inc. (STLD). They placed a “buy” rating and a $20.00 price target on the company.

The Benchmark Company initiated coverage on JDA Software Group, Inc. (JDAS). They placed a “buy” rating and a $40.00 price target on the company.

Deutsche Bank (NYSE:DB) initiated coverage on Johnson & Johnson (JNJ). They placed a “hold” rating and a $73.00 price target on the company.

Nucor Co. closed Friday at $40.93, falling $0.58, or 1.40 percent. Schnitzer Steel closed at $57.96, losing $0.61, or 1.04 percent. Steel Dynamics, Inc. ended the day at $16.23, down $0.21, or 1.28 percent. JDA Software Group, Inc. closed at $32.71, gaining $0.17, or 0.52 percent. Johnson & Johnson closed at $67.57, dropping $0.35, or 0.52 percent.