MOST NOTEWORTHY:

• RBC Capital initiated Edison International (NYSE: EIX) with an Outperform rating and $64 target citing strong rate base growth and the favorable environment at Southern California Edison.
  
• Piper assumed coverage of Animal Health International (NASDAQ: AHII) with a Buy rating and $10 target, as they believe the current valuation is attractive from long-term investors.
  
• Pacific Crest started SanDisk (NASDAQ: SNDK) with a Sector Perform rating and believes the valuation is too high following the recent strength as product margins are trending down.

• Sandler initiated Heritage Commerce (NASDAQ: HTBK) with a Hold rating and $16 target.
  
• Burger King (NYSE: BKC) was initiated with a Buy rating and $34 target at Piper.
  
• RBC Capital assumed U.S. Geothermal (AMEX: HTM) with an Outperform rating and $4 target.

Analyst initiations: SanDisk, Edison International, Animal Health International originally appeared on BloggingStocks on Wed, 21 May 2008 12:30:00 EST. Please see our terms for use of feeds.