Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Clorox (CLX) coverage resumed with a Market Perform at Wells Fargo. 2. Owens Corning (OC) initiated with a Buy at Evercore ISI. 3. Barracuda (CUDA) initiated with an Outperform at Baird. 4. SolarEdge (SEDG) initiated with a Sell at Craig-Hallum. 5. Toll Brothers (TOL) initiated with a Hold at Evercore ISI. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

Bullish option flow detected in Toll Brothers with 1,008 calls trading, 1.1x expected, and implied vol increasing over 1 point to 37.16%. 4/26 weekly 115 calls and 4/26 weekly 114 calls are the most active options, with total volume in those strikes near 320 contracts. The Put/Call Ratio is 0.54. Earnings are expected on May 21st.

B. Riley lowered the firm's price target on SolarEdge to $124 from $133 and keeps a Buy rating on the shares ahead of the Q1 report. With high interest rates and channel dynamics impacting the solar industry, resulting in uncertainty and low visibility around growth, B. Riley continues to advocate for solar/storage ownership models, the analyst tells investors in a research note. The firm views Altus Power (AMPS) and HASI (HASI) as its top ideas for the rest of 2024. These are the best two ways to play the space and have higher growth visibility in a challenging macro environment, the analyst tells investors in a research note.