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 have an impact on the market are now in one place. We have compiled the important calls that investors should pay attention to in order to make informed decisions.

Jefferies raised its recommendation for DoorDash (DASH) from Hold to Buy and increased its price target to $260. The firm believes it is necessary to take a more positive stance on DoorDash due to the rapid growth observed in U.S. restaurant delivery over the past four quarters.

Nomura upgraded its rating for Baidu (BIDU) from Neutral to Buy and raised its price target to $140, up from the previous $135. The firm noted that the chip design subsidiary Kunlunxin, in which Baidu holds a 69% stake, offers "significant growth potential" and that management is considering increasing capital returns.

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

Jefferies raised its rating for Zions Bancorp (ZION) from Hold to Buy and increased its price target to $60, up from the previous $55. It pointed out that the concerns over third-quarter fraud allegations and "mini loan fears" have been exaggerated.

Goldman Sachs upgraded Medtronic (MDT) from Sell to Neutral and increased its price target to $111, up from the previous $81. Following second-quarter results, the firm noted an increase in the company's new product momentum and further progress in overall P&L metrics.

Wells Fargo downgraded Molson Coors (TAP) from Overweight to Equal Weight and lowered its price target to $50, down from the previous $53. The firm stated that Molson is facing category weakness along with "tight" costs and share loss.

Mizuho downgraded Canadian Solar (CSIQ) from Outperform to Underperform and raised its price target to $21, up from the previous $15. It noted that the impact of developments related to the U.S. factory remains uncertain.

BofA downgraded BellRing Brands (BRBR) from Buy to Neutral and lowered its price target to $28, down from the previous $50. The decision was made due to "weak" fourth-quarter results, inconsistencies in the FY26 outlook, and cuts made in the company's long-term sales algorithm.

HSBC downgraded QuantumScape (QS) from Hold to Reduce and raised its price target to $10.50, up from the previous $5.30. While 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 its price target to $44, down from the previous $55. The firm noted that the company may face a lack of visibility and high execution risks due to its business model transition.

Wells Fargo initiated coverage of AB InBev (BUD) with an Overweight rating and set a price target of $75. It noted that AB InBev has an "attractive" valuation and sees 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 highlighted the aim of providing critically scarce energy supply for high-performance computing and artificial intelligence through five bitcoin mining companies.

BofA initiated coverage of Extreme Networks (EXTR) with a Buy rating and a price target of $24. The firm emphasized that there is a WiFi-7 upgrade cycle that could double the growth forecasts for the cloud-based campus network 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 at a good point in the transition from a processor IT reseller to a solution-focused technology partner.

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