Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Expedia (EXPE) initiated with a Positive at Susquehanna. 2. Analog Devices (ADI) initiated with an Outperform at CLSA. 3. TripAdvisor (TRIP) initiated with a Neutral at Susquehanna. 4. Columbia Sportswear (COLM) initiated with a Neutral at Buckingham. 5. Scotts Miracle-Gro (SMG) initiated with a Buy at Gabelli. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

BofA raised the firm's price target on Texas Instruments (TXN) to $190 from $175 and keeps a Neutral rating on the shares. TI's small Q1 beat and inline but sequentially rising Q2 sales guidance, "while modest, potentially marks a recovery inflection in industrial chip demand," with positive read-across for U.S. peers such as Analog Devices (ADI), Microchip (MCHP), NXP Semiconductors (NXPI) and On Semiconductor (ON), the analyst tells investors. However, despite an expected recovery, TI's sustained high capex intensity could keep reported calendar year 2024-26 pro-forma EPS below $6 per share, the analyst added.