Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. U.S. passenger airlines were initiated with a "positive bias" at Stephens. Analyst Jack Atkins said that he believes the industry's structural changes in the past 10 years have created an operating environment that can allow legacy airlines to remain profitable throughout an economic cycle. The analyst, who expects multiples to move up as the airlines prove the sustainability and profitability of their models, started Delta (DAL) and Southwest (LUV) with Overweight ratings and American Airlines (AAL) and United Continental (UAL) with Equal Weight ratings. 2. Limelight Networks (LLNW) initiated with an Outperform at JMP Securities by analyst Greg McDowell, who believes Limelight is an attractive opportunity for capital appreciation given revenue growth accelerating to the low-double digits as Limelight expands its footprint in its existing customer base, margin expansion, with much of the restructuring and colocation in the past, generating positive free cash flow in FY16, and the overhang of Akamai's lawsuit being lifted. 3. Relypsa (RLYP) initiated with a Buy at Brean Capital with analyst Difei Yang saying the company's commercialized product Veltassa addresses unmet needs in hyperkalemia. 4. DreamWorks (DWA) initiated with an Overweight at Pacific Crest. 5. Lionsgate (LGF) initiated with an Overweight at Pacific Crest. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage,
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