Highlighted Research Calls from Wall Street

Featured Research Calls

Research calls that are most discussed on Wall Street and move the market are now gathered in one place. Here are the current research calls that investors need to know:

Top 5 Upgrades

Freedom Capital upgraded Boeing (BA) shares from Hold to Buy, setting a target price of $223. They note that Boeing's third-quarter results show cautious signs of recovery, emphasizing strong operational performance and an increase in regulatory confidence.

Piper Sandler upgraded Roku (ROKU) shares from Neutral to Overweight, updating the target price to $135. The firm states that the company’s third-quarter results were very good, indicating that investments in advertising and SSD are starting to pay off.

Evercore ISI upgraded Ecolab (ECL) shares from In Line to Outperform, setting a target price of $300. They expect that Ecolab's structural earnings potential will become more evident by 2026.

Raymond James upgraded Universal Health (UHS) shares from Market Perform to Outperform, setting a target price of $270. The company’s third-quarter results exceeded guidance and consensus estimates.

UBS upgraded Cisco (CSCO) shares from Neutral to Buy, updating the target price to $88. The firm foresees a multi-year growth cycle driven by demand for artificial intelligence infrastructure, large-scale campus refresh cycles, and momentum in the security area.

Top 5 Downgrades

Bernstein downgraded Charter (CHTR) shares from Outperform to Market Perform, setting a target price of $280. They point out that the company’s EBITDA growth has become more challenging.

JPMorgan downgraded Luminar (LAZR) shares from Neutral to Underweight, without setting a target price. There are significant concerns about the company’s ability to sustain its ongoing business.

TD Cowen downgraded Iqvia (IQV) shares from Buy to Hold, setting a target price of $215. They express that while the company’s outlook now provides more visibility and stability, its current valuation largely reflects 2026 growth expectations.

Jefferies downgraded Canadian Solar (CSIQ) shares from Buy to Hold, setting a target price of $19.64. They cite the recent stock rally and the increased risks from the Chinese government's implementation of a module price floor.

BofA downgraded Marsh McLennan (MMC) shares from Neutral to Underperform, updating the target price to $181. The company provides a negative outlook due to declines in organic growth expectations.

New Coverage Initiations

Jefferies initiated coverage on Chime (CHYM) with a Hold rating and a target price of $17. The firm views Chime as a leading US neo-bank with 9 million active members.

Goldman Sachs initiated coverage on Alliance Laundry (ALH) with a Buy rating and a target price of $32. It is noted that the company supports growth potential in the commercial laundry market.

BMO Capital initiated coverage on Phoenix Education (PXED) with an Outperform rating and a target price of $45. They highlight the University of Phoenix's leadership in the adult worker market.

Rothschild & Co Redburn initiated coverage on SLB (SLB) with a Buy rating and a target price of $48. They state that the company's earnings growth and increasing free cash flow will be the driving force for re-rating distributions.

RBC Capital initiated coverage on Revolution Medicines (RVMD) with an Outperform rating and a target price of $77. They highlight the company's impressive data and leadership in development in the oncology field.