Catch up on today's top five analyst upgrades with this list compiled by The Fly:1. NVIDIA (NVDA) upgraded to Conviction Buy from Buy at Goldman with analyst Toshiya Hari saying he expects AI/ML capacity additions to drive TAM expansion, high barriers of entry faced by competition and NVIDIA continues to leverage its position to gain greater share of the ML hardware TAM. 2. Carlyle Group (CG) upgraded to Buy from Neutral at Citi with analyst William Katz saying he expects a favorable FPAUM inflection into 2017, setting the stable for the next DE upcycle, and views valuation as compelling. 3. Alcoa (AA) upgraded to Outperform from Neutral at Macquarie saying it is the best way to participate in the pick up in global GDP and recommends using any weakness to build or initiate positions. 4. AMD (AMD) upgraded to Buy on deep learning and AI opportunity at Mizuho with analyst Vijay Rakesh saying he sees deep learning and Artificial Intelligence as the next big computing paradigm and believes the company has an opportunity for deep learning with its new Radeon ProGFx/Ryzen products. 5. Caterpillar (CAT) upgraded to Positive from Mixed at OTR Global with the firm saying its checks indicate the rate of decline in year-over-year global new equipment orders has moderated in Q4 due to strength in EMEA and Asia/Pacific. 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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