Highlighted Research Calls from Wall Street

Highlighted Research Calls

Wall Street has gathered the most discussed and market-moving research calls 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 indicate that Boeing's third-quarter results show signs of a cautious recovery, highlighting strong operational performance and gradual increase in regulatory confidence.

Piper Sandler upgraded Roku (ROKU) shares from Neutral to Overweight and updated the target price to $135. The firm states that the company’s third-quarter results were very good, and investments in Advertising and SSD are now starting to bear fruit.

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

Raymond James upgraded Universal Health (UHS) shares from Market Perform to Outperform with 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 and updated the target price to $88. The firm anticipates a multi-year growth cycle driven by demand for artificial intelligence infrastructure, a large-scale campus refresh cycle, and momentum in the security space.

Top 5 Downgrades

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

JPMorgan downgraded Luminar (LAZR) shares from Neutral to Underweight, without setting a target price. They express serious concerns about the company’s ability to sustain as an ongoing business.

TD Cowen downgraded Iqvia (IQV) shares from Buy to Hold and set a target price of $215. Although the company’s outlook now provides more visibility and stability, they comment that the 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 risks related to the Chinese government's implementation of module price floors as reasons for the downgrade.

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

New Initiations

Jefferies initiated coverage on Chime (CHYM) with a Hold rating and a target price of $17. The firm views Chime as a leading U.S. 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. They note the company's growth potential in the commercial laundry market as a supporting factor.

BMO Capital initiated coverage on Phoenix Education (PXED) with an Outperform rating and a target price of $45. They emphasize the University of Phoenix's leadership in the adult learner 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 driving forces 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 oncology-related goals.