Catch up on today’s top five analyst upgrades with this list compiled by The Fly: 1. Brunswick (BC) upgraded to Buy from Neutral at Citi with analyst Shawn Collins saying with its strategic realignment behind it, Brunswick is “flourishing on the top-line and from a margin perspective.” 2. Simon Property (SPG) upgraded to Outperform from In Line at Evercore ISI with analyst Samir Khanal believing there is limited downside risk to estimates in a scenario where tenant fallout is low and a trough in occupancy by the end of the first half is seen. 3. Independent Bank (INDB) upgraded to Buy from Neutral at Seaport Global with analyst David Bishop saying he has raised his 2021 operating EPS estimate partly to reflect Independent’s Q1 beat and due to a forecast for much lower credit costs than previously modeled. 4. Noah Holdings (NOAH) upgraded to Overweight from Neutral at JPMorgan with analyst Katherine Lei saying there is potential upside to Noah’s Q1 results on the back of “robust growth” of fund sales in China and recurring fee from products sold in 2020. 5. Baker Hughes (BKR) upgraded to Buy from Neutral at Citi with analyst Scott Gruber saying recent underperformance of the shares have driven the valuation to “an attractive level” as the stock is now trading at a valuation that “appears too low” for a company with “one of the best long-term outlooks” in oilfield services. This list is just a portion of The Fly’s full analyst coverage. To see The Fly’s full Street Research coverage, (click here.):(http://thefly.com/streetResearch.php)