Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Netflix (NFLX) upgraded to Buy from Hold at Stifel and to Outperform from Market Perform at BMO Capital. 2. Wolverine World Wide (WWW) upgraded to Strong Buy from Buy at CL King. 3. Fidelity National (FNF) and First American (FAF) upgraded to Outperform from Market Perform at Keefe Bruyette. 4. Bloomin' Brands (BLMN) upgraded to Outperform from Market Perform at Raymond James with analyst Brian Vaccaro saying the 20% decline in shares since early May reflects reduced expectations related to Brazil and provides an attractive entry point given his outlook for strong U.S. Outback comps. 5. Restaurant Brands (QSR) upgraded to Outperform from Market Perform at Cowen with analyst Andrew Charles saying he believes Tim Horton sales have bottomed and cited upcoming drivers such as its debt capacity that could be used for M&A and expectations for unit growth to outpace consensus. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

Stephens lowered the firm's price target on First American to $66 from $72 and keeps an Overweight rating on the shares. The company was able to effectively get the core Title business back on track in the quarter following its disruptive cybersecurity event, but a shortfall in high margin investment income resulted in another quarterly miss for Q1, says the analyst, who adds that the investment income from here takes a step down in a base case and there are some questions moving forward.