Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Williams Partners (WPZ) and Williams (WMB) initiated with an Outperform at Bernstein on the belief that the companies have been unfairly punished due to expected dividend cuts. The firm thinks the investors' near-term worries about the U.S. natural gas and MLP sector are overdone. 2. Calgon Carbon (CCC) initiated with a Buy at Janney Capital. 3. Proto Labs (PRLB) initiated with an Outperform at FBR Capital. 4. Align Technology (ALGN) initiated with an Outperform at Credit Suisse. 5. Ally Financial (ALLY) initiated with a Neutral at Macquarie. 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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