Under Armour downgraded to Sell, Snap receives upgrade: Leading analyst recommendations from Wall Street
Today's Most Influential Wall Street Analyst Calls
Stay informed with a roundup of the most significant and market-moving analyst recommendations from across Wall Street. Here are the key updates investors should be aware of today, curated by The Fly.
Top 5 Analyst Upgrades
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Arete upgrades Snap (SNAP) to Buy (from Neutral), target $7.30:
Arete highlights Snap's transition from a smaller-scale advertising model to a more profitable, recurring subscription revenue stream, signaling a positive outlook for the company's growth prospects.
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Oppenheimer upgrades Unity (U) to Outperform (from Perform), target $38:
Oppenheimer believes recent concerns about competition from "world models" like Google's Project Genie (GOOGL) are overstated, emphasizing Unity's unique role in the development ecosystem.
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Gordon Haskett upgrades Booking Holdings (BKNG) to Buy (from Hold), target $5,440:
The firm argues that investor worries about AI-driven competition are exaggerated, and that Booking Holdings' operational strengths and defensive positioning have been undervalued.
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Daiwa upgrades Palantir (PLTR) to Buy (from Neutral), target reduced to $180 (from $200):
Daiwa notes that Palantir's latest earnings report left a favorable impression, justifying the upgrade despite a lower price target.
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Raymond James upgrades Take-Two (TTWO) to Strong Buy (from Outperform), target unchanged at $285:
Raymond James sees the recent decline in Take-Two's stock as an overreaction, presenting a more compelling risk/reward opportunity for investors.
Top 5 Analyst Downgrades
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HSBC downgrades Estee Lauder (EL) to Hold (from Buy), target raised to $106 (from $105):
HSBC points out that Estee Lauder's modest organic sales growth failed to meet investor expectations, leading to a more cautious stance.
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Citi downgrades Under Armour (UAA) to Sell (from Neutral), target unchanged at $6.20:
Citi cites ongoing challenges in Under Armour's North American turnaround, expecting several headwinds in fiscal 2026.
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Raymond James downgrades Wingstop (WING) to Outperform (from Strong Buy), target unchanged at $325:
Raymond James adopts a more cautious outlook on Wingstop's short-term sales performance. TD Cowen also downgraded the stock today.
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Truist downgrades Texas Roadhouse (TXRH) to Hold (from Buy), target lowered to $188 (from $206):
Truist expects ongoing beef price inflation through at least 2027, which could restrict Texas Roadhouse's valuation growth and put pressure on margins and earnings.
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Loop Capital downgrades Monday.com (MNDY) to Hold (from Buy), target cut to $80 (from $195):
Loop Capital notes that Monday.com's recent quarter was satisfactory but not exceptional, with slower-than-expected adoption of new products. Baird also downgraded the stock to Neutral (from Outperform), lowering its target to $90 (from $175).
Top 5 Analyst Initiations & Coverage Resumptions
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Morgan Stanley resumes coverage of Qualcomm (QCOM) with Underweight, target $132:
Morgan Stanley believes Qualcomm's earnings potential is already maximized and anticipates that a memory shortage will create a challenging environment for Android in the latter half of 2026.
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Barclays reinstates coverage of Becton Dickinson (BDX) with Overweight, target $202:
Barclays resumes coverage following Becton Dickinson's sale of its LifeSciences Bioprocessing unit to Waters.
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Keefe Bruyette initiates coverage of Dave (DAVE) with Outperform, target $250:
The firm is optimistic about Dave's ExtraCash product, expecting it to drive 20% revenue growth over the medium term.
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Roth Capital initiates coverage of Orion Group (ORN) with Buy, target $17:
Roth Capital sees significant long-term opportunities for Orion Group's Marine division, driven by major U.S. Navy defense contracts and port infrastructure upgrades.
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Stephens initiates coverage of Somnigroup (SGI) with Equal Weight, target $89:
Stephens notes that Somnigroup is the world's largest bedding manufacturer.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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