Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Paychex (PAYX) upgraded to Market Perform from Underperform at Bernstein with analyst Lisa Elllis saying she sees the company as a pure play beneficiary of the Trump administration's policies and has begun "explicitly incorporating a 50% probability" that it will benefit from U.S. corporate tax cuts. 2. Williams Partners (WPZ) upgraded to Outperform from Market Perform at Wells Fargo and to Strong Buy from Outperform at Raymond James. 3. Conagra Brands (CAG) upgraded to Buy from Neutral at Citi with analyst David Driscoll saying he sees upside to estimates from better than expected margin expansion and the potential for accretive acquisitions. The analyst introduced a long Conagra, short McCormick (MCK) pair trade. He raised his price target for Conagra to $45 from $38 and lowered his price target for Neutral-rated McCormick to $100 from $110. 4. Kraft Heinz (KHC) upgraded to Neutral from Sell at Citi with analyst David Driscoll upgraded Kraft Heinz (KHC) to Neutral citing his belief that the company is "gearing up for" for a large accretive transaction in 2017. The analyst believes, however, that such an announcement is reflected in the current valuation. Driscoll favors General Mills (GIS) or Kellogg (K) as targets for Kraft. He raised his price target for the shares to $88 from $81. 5. Expedia (EXPE) upgraded to Outperform from Neutral at Credit Suisse. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.