Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Home Depot (HD) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Simeon Gutman stating that he now has a more robust view of home improvement industry growth after the firm's deep dive analysis suggested the housing recovery is in the "middle innings," not the "8th/9th" inning as the consensus suggests. Additionally, rising rates may take even longer to impact home improvement spending in this cycle, Gutman contends. 2. Square (SQ) upgraded to Buy from Neutral at BTIG with analyst Mark Palmer saying the company's fourth quarter results confirm an upturn in the trajectory of the company's profitable growth. The analyst believes a "fuller valuation is merited" and set a $20 price target for the shares. 3. Roper Technologies (ROP) upgraded to Buy from Hold at Argus with analysts Stephen Biggar and Deborah Ciervo saying that the company reported "strong" fourth quarter results. They expect the company's earnings to rise significantly this year, "driven by strong prospects in the RF Technology segment, contributions from acquisitions, and continued strong order growth." 4. HP Inc. (HPQ) upgraded to Outperform from Sector Perform at FBN Securities. 5. KB Financial Group (KB) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Joon Seok saying it is becoming a major player in the Korean capital markets. 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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