Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Starbucks (SBUX) upgraded to Buy from Hold at Argus with analyst John Staszak citing his expectations of "continued revenue growth and new store openings" for the company, forecasting 14% EPS growth and 15% in total returns over the next several years. 2. L Brands (LB) upgraded to Outperform from Market Perform at Wells Fargo with analyst Ike Boruchow saying while he is not calling for an imminent inflection in the business, he now sees L Brands as the next retail turnaround story poised for positive shift in the "narrative" as the company appears set to begin embracing change with an "all options on the table" mentality. 3. Armstrong World (AWI) upgraded to Neutral from Underperform at BofA/Merrill with analyst John Lovallo saying Armstrong World deserves a higher multiple following the spin-off of Armstrong Flooring in April 2016 and is positive on the company's capital deployment strategy including buybacks, a recently initiated dividend, and tuck-in M&A. 4. Michael Kors (KORS) upgraded to Market Perform from Underperform at Bernstein with analyst Jamie Merriman citing valuation. 5. Crocs (CROX) upgraded to Neutral from Negative at Susquehanna. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.