Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Canon (CAJ) upgraded to Neutral from Sell at Goldman Sachs with analyst Satoru Ogawa citing the company's cost cuts and less downside to his price target. 2. Boston Beer (SAM) upgraded to Neutral from Underperform at Macquarie with analyst Caroline Levy saying she forcasts the company's non-beer portfolio that includes Twisted Tea,Truly and Angry Orchard brands to help contribute to its double-digit revenue growth in 2019. 3. U.S. Steel (X) upgraded to Buy from Hold at Berenberg with analyst Paretosh Misra citing an increase in EBITDA estimates from higher pricing. 4. FARO Technologies upgraded to Buy from Hold at Gabelli with analyst Hendi Susanto citing an attractive valuation and positive view on the company's "growth execution and initiatives toward operating margin improvement in 2019." 5. Aaron's (AAN) upgraded to Buy from Neutral at Northcoast with analyst Tim Vierengel saying the Best Buy (BBY) partnership is a key point of growth. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

Metals & Mining Analyst Englert, along with Rye Druzin of Argus Media, discuss recent flat rolled steel pricing, supply and demand trends, and the near-term outlook for fundamentals (relevant companies ASTL CLF NUE STLC STLD X RS WS) on an Analyst/Industry conference call to be held on April 19 at 11 am.

Citi lowered the firm's price target on Boston Beer to $315 from $350 and keeps a Neutral rating on the shares as part of a Q1 earnings preview for the beverages and household and personal care group. The firm sees another quarter of gross margin upside but believes the market will not reward earnings beats on margins without solid sales and volume trends.

Deutsche Bank downgraded ArcelorMittal (MT) to Hold from Buy with a price target of $31, down from $34. The stock has recovered after the cyclical crunch last year, supported by the removal of some overhang risks - including the Kazakhstan mill divestment post the severe accident and possible involvement in the U.S. Steel (X) bidding process - as well as the rebound in the cycle and intensified share buybacks, the analyst tells investors in a research note. The firm adds however that the demand rebound in many core markets remains soft, as Chinese data remains weak and continues to weigh on steel and iron ore markets.