Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. PayPal (PYPL) initiated with a Hold at Needham by analyst Mayank Tandon based on a fair valuation level relative to mid-teens earnings growth and competitive pressures that could dampen growth and profitability long term. 2. Qorvo (QRVO) coverage assumed with an Outperform at BMO Capital as the firm expects the company to continue to benefit from increased data transmissions to smartphones, although it expects the growth to moderate going forward. The firm is upbeat about the company's position and valuation, as well as its ability to increase its operating margin. 3. Skyworks (SWKS) coverage assumed with a Market Perform at BMO Capital because the firm believes it does not have as much upside as Qorvo. 4. Duluth Holdings (DLTH) initiated with a Buy at Stifel as the firm believes Duluth has "a unique brand" and benefits from "compelling per customer economics." 5. Globus Medical (GMED) initiated with an Equal Weight at Barclays by analyst Matthew Taylor, who said the company's investments in trauma and robotics will weigh on margins and take time to bear fruit. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.