Catch up on the today's top five analyst upgrades with this list compiled by The Fly: 1. Dick's Sporting Goods (DKS) upgraded to Conviction Buy from Buy at Goldman by analyst Stephen Tanal, who said closure of the Sports Authority stores shortly after the July 15 sale hearing should boost investor confidence in the shares. Dick's is best positioned to benefit from store closures. He noted that his $53 price target represents 28% upside from current levels. 2. SolarCity (SCTY) upgraded to Outperform from Market Perform at Avondale, which added it to the Conviction List in anticipation of a successful resolution to Tesla's (TSLA) acquisition bid for the company. 3. Olin Corp. (OLN) upgraded to Outperform from Market Perform at Cowen by analyst Charles Neivert, who increased his price target to $31 from $18. The analyst raised 2017 EBITDA estimates above consensus to reflect reduced Dow transaction integration risks and synergies that may be more valuable than assumed. Neivert believes operational synergies for Olin could be over $300M, versus $250M guidance, reducing earnings' reliance on caustic soda price increases. 4. Northern Trust (NTRS) upgraded to Neutral from Sell at Citi by analyst Keith Horowitz, citing valuation following the recent underperformance of bank stocks. The analyst keeps a $66 price target for the shares. 5. British American Tobacco (BTI) upgraded to Conviction Buy from Sell at Goldman by analyst Fulvio Cazzol, citing increased confidence in the company's growth outlook amid the pound weakness and higher growth from e-cigarettes. The analyst raised his price target for the shares to 5185p from 3620p. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage,
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