Today's noteworthy upgrades include: ADTRAN (ADTN) upgraded to Buy from Hold at Needham... ASML (ASML) upgraded to Buy from Neutral at UBS... AVANGRID (AGR) upgraded to Outperform from Neutral at Macquarie... Beacon Roofing (BECN) upgraded to Buy from Neutral at Longbow... Burlington Stores (BURL) upgraded to Buy from Neutral at Goldman... CBIZ (CBZ) upgraded to Buy from Neutral at Sidoti... CECO Environmental (CECE) upgraded to Speculative Buy at Seaport Global... Cathay Pacific (CPCAY) upgraded to Buy from Hold at Deutsche Bank... Cenovus Energy (CVE) upgraded to Neutral from Reduce at Nomura... Crane (CR) upgraded to Buy from Neutral at Seaport Global... Edwards Lifesciences (EW) upgraded on FDA study approval, valuation at SunTrust... F5 Networks (FFIV) upgraded to Neutral from Sell at Citi... FARO Technologies (FARO) upgraded to Overweight from Equal Weight at Stephens... Fitbit (FIT) upgraded to Outperform, valuation favorable, says Raymond James... Fulton Financial (FULT) upgraded to Buy from Neutral at Guggenheim... Helix Energy (HLX) upgraded to Overweight from Equal Weight at Stephens... Hill-Rom (HRC) upgraded to Overweight from Sector Weight at KeyBanc... Hollysys (HOLI) upgraded to Neutral from Reduce at Nomura... InterOil (IOC) upgraded to Buy from Neutral at Goldman... Kraft Heinz (KHC) upgraded to Positive at Susquehanna... Michaels (MIK) upgraded to Buy from Neutral at Goldman... Noble Energy (NBL) upgraded to Buy from Neutral at Nomura... Northern Trust (NTRS) upgraded on valuation at RBC Capital... Orange SA (ORAN) upgraded to Outperform from Neutral at Exane BNP Paribas... Owens Corning (OC) upgraded to Buy from Neutral at Longbow... Pearson (PSO) upgraded to Buy from Underperform at Jefferies... ProAssurance (PRA) upgraded on valuation, outlook at SunTrust... Progressive Waste (BIN) upgraded to Outperform from Sector Perform at RBC Capital... SPX FLOW (FLOW) upgraded to Accumulate from Neutral at Seaport Global... Sanchez Energy (SN) upgraded to Buy from Accumulate at Seaport Global... Silgan Holdings (SLGN) upgraded to Market Perform from Underperform at BMO Capital... SunPower (SPWR) upgraded to Buy from Neutral at Janney Capital... VCA Inc. (WOOF) upgraded to Outperform from Market Perform at William Blair... W. R. Berkley (WRB) upgraded to Equal Weight from Underweight at Morgan Stanley... Xilinx (XLNX) upgraded on takeover potential at BMO Capital... Xylem (XYL) upgraded to Buy from Accumulate at Seaport Global... Zafgen (ZFGN) upgraded on data at RBC Capital.

Deutsche Bank raised the firm's price target on Kraft Heinz to $43 from $42 and keeps a Buy rating on the shares ahead of the fiscal Q1 report.

Michaels announced lower prices on over 5,000 items across categories spanning arts, crafts, DIY and home decor, offering customers everyday savings on the products they shop the most. With these latest markdowns, Michaels is helping customers fuel the joy of creativity while maximizing value. Lower prices are now in effect across categories including home decor, art supplies, seasonal items, kids' projects, wall frames, and more. To keep creativity accessible for as many customers as possible, the prices of frequently bought items like paint, markers and pens have been reduced by up to 15%; adhesive and permanent vinyl, papers, stickers, and unfinished wood letters have been reduced by up to 20%; canvases have been reduced by up to 35%, and T-shirts have been reduced by up to 40%.

Grupo Santander analyst Carlos Trevino downgraded ASML to Underperform from Neutral with a EUR 635 price target.

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

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

Unusual total active option classes on open include: Steel Dynamics (STLD), Gildan Activewear (GIL), Danaher (DHR), Altimeter Growth (GRAB), Childrens Place (PLCE), ASML (ASML), US Bancorp (USB), iShares Barclays 7 to 10 Year Treasury Bond Fund (IEF), AMC Entertainment (AMC), and Abbott (ABT).

Check out this morning's top movers from around Wall Street, compiled by The Fly.  HIGHER - Alcoa (AA)... To see the rest of the story go to thefly.com. See Story Here

"We expect second-quarter total net sales between EUR 5.7 billion and EUR 6.2 billion with a gross margin between 50% and 51%. ASML expects R&D costs of around EUR 1,070 million and SG&A costs of around EUR 295 million. Our outlook for the full year 2024 is unchanged, with the second half of the year expected to be stronger than the first half, in line with the industry's continued recovery from the downturn. We see 2024 as a transition year with continued investments in both capacity ramp and technology, to be ready for the turn in the cycle," said ASML president and CEO Peter Wennink.