Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Goldman analyst Jerry Revich upgraded Caterpillar (CAT) and Joy Global (JOY) to Neutral due to the unexpected sustained recovery in China construction. Revich said this could drive a recovery in machinery share of mining capex. 2. L Brands (LB) upgraded to Buy at Stifel because the firm is upbeat about the company's new strategy for Victoria's Secret. It expects L Brands' sales to "be held back" in the near-term, but it thinks that cost cutting will compensate for any decline in the company's revenue. 3. Dover (DOV) upgraded to Buy at Seaport Global with analyst Walt Liptak saying that Dover's 2016 outlook has stabilized and believes new guidance is realistic. Liptak also said that management has taken significant cost actions that should benefit 2016-2017 profitability. 4. Jazz Pharmaceuticals (JAZZ) upgraded to Buy at SunTrust by analyst John Boris, who cited the anticipation of a Xyrem patent settlement in 2022E allowing for a gradual generic entry in 2022-2025, increased transparency on a Xyrem line extensions, execution on pipeline launches of Defitelio and JZP110, and potential acquisitions. 5. Banco Santander (SAN) upgraded to Overweight at JPMorgan by analyst Sofie Peterzens, who cited low expectations for the Brazil business. The analyst views Santander as a top European bank pick. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

Notable companies reporting before tomorrow's open, with earnings consensus, include Merck (MRK), consensus $1.87... Caterpillar (CAT), consensus $5.14... Comcast (CMSCA), consensus 99c... Honeywell (HON), consensus $2.17... Bristol-Myers (BMY), consensus ($4.44)... Altria (MO), consensus $1.15... Keurig Dr. Pepper (KDP), consensus 35c... GE Vernova (GEV), consensus (37c)... Royal Caribbean (RCL), consensus $1.33... Tractor Supply (TSCO), consensus $1.72... Mobileye (MBLY), consensus (6c)... Textron (TXT), consensus $1.23... LabCorp (LH), consensus $3.48... Southwest Airlines (LUV), consensus (34c)... American Airlines (AAL), consensus (29c)... Harley-Davidson (HOG), consensus $1.51.