๐ Wall Street Calls: Big Upgrades & Downgrades to Watch
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Wall Street analysts are making fresh moves across tech, finance, travel, energy and real estate stocks. Here are some of the key changes:
๐น JPMorgan โข Upgraded CoreWeave (CRWV) to Overweight from Neutral, citing improving compute pricing and stronger demand.
โข Reiterated Meta (META) at Overweight and raised its price target to $920 from $820.
โข Upgraded Welltower and Macerich to Overweight from Neutral.
๐น Bernstein โข Upgraded Quanta Services to Outperform from Market Perform.
๐น Wells Fargo โข Initiated coverage of Old National Bancorp at Overweight.
๐น Citi โข Added Royal Caribbean to its Positive Catalyst Watch.
โข Downgraded Dropbox to Sell from Neutral.
๐น Morgan Stanley โข Reiterated Nvidia (NVDA) at Overweight.
โข Initiated IMAX at Overweight.
๐น UBS โข Reiterated Tesla (TSLA) at Neutral ahead of upcoming delivery figures.
๐น HSBC โข Upgraded Dollar General to Buy from Hold and raised its price target to $160 from $125.
๐น Other notable moves: โข Roth initiated NeOnc Technologies at Buy.
โข Piper Sandler initiated Carlyle Group, Ares Management and CNB Financial at Overweight.
$BNB ๐ Market takeaway: Analyst upgrades and downgrades can influence investor sentiment, but they are not guarantees of future price movements. Always do your own research before making investment decisions.
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