Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Dollar General (DG) upgraded to Outperform from Underperform at Wells Fargo with analyst Edward Kelly saying performance at the company has improved recently, and the momentum should accelerate in 2018. 2. Dick's Sporting (DKS) upgraded to Positive from Neutral at Susquehanna with analyst Sam Poser saying he believes earnings results should surprise to the upside given a low bar and weather that was not as bad as expected, which drove better sales trends. 3. Caterpillar (CAT) upgraded to Buy from Neutral at Seaport Global with analyst Michael Shlisky citing fourth quarter dealer checks and discussions with the company and competitors. 4. ResMed (RMD) upgraded to Hold from Underperform at Needham with analyst Mike Matson saying he now believes the company can sustain higher revenue growth over the next few years and is positioned to drive sustained operating leverage. 5. HP Enterprise (HPE) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Katy Huberty saying she believes that declines at the legacy Enterprise Group will moderate in 2018 and be offset by upward trending IT budgets and near-term growth from hyperconverged, flash and network security. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

Check out this morning's top movers from around Wall Street, compiled by The Fly.  UP AFTER EARNINGS... To see the rest of the story go to thefly.com. See Story Here

Still does not expect significant change in machine dealer inventory compared to 2023. Still expects 2024 full-year adjusted operating profit margin to be in the top half of the updated target range relative to the expected corresponding level of sales and revenues. Still expects 2024 full-year ME&T free cash flow to be in the top half of the updated target range. Still anticipates another year of services growth.

Sees Q2 dealer inventories of machines down year-over-year. Expects Q2 price realization to remain favorable vs, last year. Sees Q2 adjusted operating profit margin similar to 2Q23. Guidance taken from Q1 investor presentation slides.

Reports Q1 revenue $15.8B, consensus $16.04B. "I'm pleased with our team's performance that resulted in higher adjusted operating profit margin, record adjusted profit per share and strong ME&T free cash flow. Our strong balance sheet and ME&T free cash flow allowed us to deploy a record $5.1 billion of cash for share repurchases and dividends in the first quarter," said Chairman and CEO Jim Umpleby. "We continue to execute our strategy for long-term profitable growth."

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.