Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Apple (AAPL) upgraded to Outperform at Cowen by analyst Timothy Arcuri, who said year-over-year compares and forward estimates have bottomed. He expects the stock to benefit from the iPhone 7 launch and points out that the shares, even after the recent rally, still trade at 25% and 30% discount to large-cap tech peers and the S&P 500 Index. 2. AIG (AIG) upgraded to Buy at Janney Capital with analyst Larry Greenberg saying that he has a higher level of confidence in the quality of the expected underwriting improvement and the company's goal of improving its underlying loss ratio by 6 points over a two-year period. 3. Allscripts (MDRX) upgraded to Overweight at Morgan Stanley by analyst Zachary Sopcak, who expects bookings growth and margin expansion to drive sustainable cash generation. 4. Western Alliance (WAL) upgraded to Outperform at Keefe Bruyette with analyst Brian Klock citing the company's "highly accretive" acquisition of GE Capital's U.S. hotel franchise finance loan portfolio. 5. Shake Shack (SHAK) upgraded to Buy at Longbow by analyst Alton Stump, who said he was impressed by Shake Shack's new store growth performance outside Manhattan and has increased confidence the concept will be successful multi-regionally, if not nationally. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

Alphabet (GOOGL), the parent company of Google, is scheduled to report first quarter 2024 results after the market close on Thursday, April 25, with a conference call scheduled for 4:30 pm Eastern Time. What to watch... To see the rest of the story go to thefly.com. See Story Here

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here

Apple saw sales of its iPhones fall 19.1% in the first three months of the year, CNBC's Ryan Browne reports, citing data from Counterpoint Research. Meanwhile, Huawei saw a 69.7% surge in smartphone sales in the country during the same period, Counterpoint said. Reference Link