Raymond James Initiates CoverageRaymond James’ Frederic Bastien initiated coverage of security and surveillance services provider Zedcor Inc. with an “outperform” rating and $3.25 target. The average is $2.61. “Our analysis has established this Alberta-based company is ideally positioned to win enterprise-level customers who value fast response times and premium service above all,” he said. “We are particularly optimistic about management’s decision to build manufacturing and monitoring capabilities in Texas, from where several avenues for profitable organic growth exist.”