New Research Calls Influencing Investors on Wall Street

Today's Important Research Calls

The research calls that are most talked about on Wall Street and impact the market are now in one place. We have compiled important calls that investors should pay attention to in order to make informed decisions.

Jefferies upgraded its recommendation for DoorDash (DASH) from Hold to Buy and raised the price target to $260. The firm believes that due to the rapid growth in U.S. restaurant delivery observed over the last four quarters, it is necessary to take a more positive stance on DoorDash's most profitable business segment.

Nomura upgraded its recommendation for Baidu (BIDU) from Neutral to Buy and increased the price target from $135 to $140. The firm noted that Baidu's 69% stake in the chip design subsidiary Kunlunxin presents "significant growth potential" and that management is considering increasing capital returns.

UBS upgraded its recommendation for Insulet (PODD) from Neutral to Buy and raised the price target to $400 from the previous $355. The firm believes the company can maintain its growth momentum until the end of the decade.

Jefferies upgraded Zions Bancorp (ZION) from Hold to Buy and raised the price target from $55 to $60. It emphasized that concerns about third-quarter fraud allegations and "mini-loan fears" have been overstated.

Goldman Sachs upgraded its recommendation for Medtronic (MDT) from Sell to Neutral and raised the price target from $81 to $111. Following second-quarter results, the firm noted that the company's new product momentum has increased and overall P&L metrics have made a step in the right direction.

Wells Fargo downgraded Molson Coors (TAP) from Overweight to Equal Weight and cut the price target from $53 to $50. Molson is facing category weakness along with share losses and "tight" costs.

Mizuho downgraded Canadian Solar (CSIQ) from Outperform to Underperform and raised the price target from $15 to $21. The firm noted that developments regarding the U.S. plant remain uncertain.

BofA downgraded BellRing Brands (BRBR) from Buy to Neutral and reduced the price target from $50 to $28. The decision was made following "weak" fourth-quarter results, conflicts in the FY26 outlook, and cuts in the company’s long-term sales algorithm.

HSBC downgraded QuantumScape (QS) from Hold to Reduce but raised the price target to $10.50 from $5.30. Although the company has made some significant deals, it warned investors about the lack of transparency regarding contract economics.

Truist downgraded GitLab (GTLB) from Buy to Hold and lowered the price target from $55 to $44. The firm noted that the company could face visibility issues and high execution risks due to its business model transition.

Wells Fargo initiated coverage of AB InBev (BUD) with an Overweight rating and a price target of $75. It noted a "cheap" valuation and a promising structure leading up to the 2026 World Cup.

Citizens JMP initiated coverage of Riot Platforms (RIOT) with an Outperform rating and a price target of $25. The firm aims to provide critically scarce energy supply for high-performance computing and artificial intelligence for five bitcoin mining companies.

BofA initiated coverage of Extreme Networks (EXTR) with a Buy rating and a price target of $24. It highlighted a WiFi-7 upgrade cycle that could double growth forecasts for the cloud-based campus networking solutions provider.

Canaccord initiated coverage of Insight Enterprises (NSIT) with a Hold rating and a price target of $100. The firm expressed that the company is well-positioned in its transition from a processor IT reseller to a solution-focused technology partner.

UBS initiated coverage of Parsons (PSN) with a Buy rating and a price target of $107. It pointed out that growth will accelerate due to a technology-focused M&A strategy supported by strong orders, and margins between the two segments will widen.