Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Duke Energy (DUK) double upgraded to Buy from Sell at Goldman Sachs with analyst Michael Lapides saying the shares lagged the sector index by 18% this year and most negative catalysts have already played out. 2. Uber (UBER) upgraded to Buy from Hold at Stifel with analyst Scott Devitt saying Uber's business fundamentals are "showing signs of sustainable improvement" while the current valuation "offers a more reasonable entry point." 3. L Brands (LB) upgraded to In Line from Underperform at Evercore ISI. 4. Site Centers (SITC) upgraded to Buy from Hold at Stifel with analyst Simon Yarmak saying he feels the "significant progress" made over the last couple of years, combined with the company's improved balance sheet, has set the company up to grow in the near-term, and should result in the company outperforming its peers over the next year. 5. Applied DNA Sciences (APDN) upgraded to Buy from Hold at Maxim. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

Scotiabank lowered the firm's price target on Duke Energy to $94 from $101 and keeps a Sector Perform rating on the shares. Interest rates remain stubbornly high, which has weighed on the sector's valuation, the analyst tells investors. The firm views both Canadian and North American utility stocks as undervalued but sees upside for Canadian utility stocks following their steady underperformance compared to its U.S. peers. Fundamentally, Scotiabank remains bullish on the group's long-term earnings outlook given the tailwinds driving its strong rate base growth.