Catch up on today's top five analyst initiations with this list compiled by The Fly: 1.Arrow Electronics (ARW) reinstated with a Buy at BofA/Merrill. 2. Nasdaq (NDAQ) initiated with a Buy at Buckingham saying risk/reward is positive at current levels and sees accelerating growth in non-transactional businesses as the key driver moving forward. 3. Newfield Exploration (NFX) initiated with a Buy at Wunderlich. 4. Electronic Arts (EA) initiated with a Market Perform at BMO Capital. 5. Deutsche Bank initiated Express (EXPR), L Brands (LB) and Tailored Brands (TLRD) with a Buy, American Eagle (AEO), Chico's (CHS) and Urban Outfitters (URBN) with a Hold, and Abercrombie & Fitch (ANF), Gap (GPS) and The Buckle (BKE) with a Sell. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.