Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Lululemon (LULU) upgraded to Buy from Hold at Argus with analyst John Staszak citing the company's Q1 earnings beat and expectations of improved comps in Q2, along with its "substantial" growth opportunities to expand its brand overseas and particularly in China. 2. Kimberly-Clark (KMB) upgraded to Neutral from Underweight at JPMorgan analyst Andrea Teixeira saying while it remains to be seen if the company's recently announced price increases will "actually hold" given the intensely competitive U.S. market, she believes investors will give Kimberly-Clark shares the benefit of the doubt. 3. Embraer (ERJ) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Josh Milberg sayng the 29% selloff in the stock since its strategic partnership with Boeing (BA) was announced in early July has made the risk-reward attractive. 4. TechnipFMC (FTI) upgraded to Buy from Hold at Jefferies with analyst Mark Wilson saying same-year "book & turn" work and recent awards have lead him to raise his revenue forecasts through 2020. 5. Avalara (AVLR) upgraded to Buy from Neutral at Goldman Sachs with analyst Jesse Hulsing was saying the company has "significantly underperformed" his coverage over the past month following a post-IPO overshoot and created an opportunity for investors. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

Reports Q1 revenue $2.04B, consensus $1.98B. CEO Doug Pferdehirt stated, "I am very pleased with the strong performance in the quarter, which further highlights our continuing success in delivering on our commitments. Total company revenue was $2B with adjusted EBITDA of $257M when excluding foreign exchange impacts. We had a solid start to the year with total company inbound of $2.8B, driving sequential growth in backlog to $13.5B...As demonstrated by our financial performance in the quarter, operational execution across the portfolio continues at a high level, driven in part by our heightened focus on project selectivity and the favorable impact it is having on the quality of orders in our backlog. Our strong execution and robust backlog give us confidence that we can capitalize on the strong market and achieve our financial targets. We completed the sale of our Measurement Solutions business in March. In keeping with our commitment to shareholder distributions, a significant portion of the proceeds was allocated to repurchasing $150M of shares in Q1. With this acceleration in share repurchases, we now expect total shareholder distributions in 2024 to grow at least 70% when compared to 2023."

Barclays analyst Lauren Lieberman raised the firm's price target on Kimberly-Clark to $136 from $132 and keeps an Equal Weight rating on the shares. The company reported strong Q1 results, both on productivity and volume, the analyst tells investors in a research note.

Deutsche Bank raised the firm's price target on Kimberly-Clark to $139 from $134 and keeps a Hold rating on the shares following the Q1 report.

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here

Notable gainers among liquid option names this morning include Globe Life (GL) $71.33 +4.94, Super Micro (SMCI) $764.85 +47.83, Danaher (DHR) $250.88 +14.79, Kimberly Clark (KMB) $136.87 +7.94, and General Motors (GM) $45.38 +2.17.

Kimberly-Clark is up 7.5%, or $9.70 to $138.63.

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