Wall Street’s top analyst calls

Wall Street’s top analyst calls
Post Author webadmin
2025-09-23

Wall Street’s top analyst calls

The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors need to know, as compiled by The Fly.

Top 5 Upgrades:

  • Wells Fargo upgraded CoreWeave (CRWV) to Overweight from Equal Weight with a price target of $170, up from $105. The company is positioned to benefit from the elevated build cycle and hyperscaler industry shortages into 2026, the firm tells investors in a research note. Melius Research also upgraded CoreWeave to Buy from Hold with a price target of $165, up from $128.

  • Wells Fargo upgraded Omnicom (OMC) to Overweight from Equal Weight with a price target of $91, up from $78. The stock’s upside potential versus downside risk is “compelling” near the close of the Interpublic Group (IPG) merger, the firm tells investors in a research note.

  • Guggenheim upgraded Johnson & Johnson (JNJ) to Buy from Neutral with a price target of $206, up from $167. The firm is comfortable with how the company navigated the loss of exclusivity for Stelara and expects its Innovative Medicine business will drive the next era of growth.

  • Bernstein upgraded United Rentals (URI) to Outperform from Market Perform with a price target of $1,128, up from $885, implying 20% upside from current levels. The firm views United as cyclical rebound and portfolio transition story.

  • Jefferies upgraded Onto Innovation (ONTO) to Buy from Hold with a price target of $170, up from $100. The firm tells investors to look past the company’s near term “hurdles” as its growth will reaccelerate in the second half of 2026.

Top 5 Downgrades:

  • Baird downgraded Lululemon (LULU) to Neutral from Outperform with a price target of $195, down from $225. The firm has low near-term confidence in the company’s growth and margin trajectory.

  • KeyBanc downgraded Lam Research (LRCX) to Sector Weight from Overweight without a price target. The firm believes strong memory pricing may take time to drive new tool demand.

  • Citizens JMP downgraded CyberArk (CYBR) to Market Perform from Outperform without a price target citing the pending acquisition by Palo Alto Networks (PANW). The firm does not anticipate a superior proposal at this time and believes the transaction will close in accordance with the noted timeline.

  • Seaport Research downgraded Oklo (OKLO) to Neutral from Buy without a price target following the groundbreaking for the company’s first reactor installation at the Idaho National Laboratory. The firm still sees a “number of positives” in the company’s business development, but is stepping to the sidelines based on valuation.

  • Jefferies downgraded Vistra (VST) to Hold from Buy with a price target of $230, down from $241, following the 160% run-up in stock in the past year, which the firm attributes to the expectation of a Comanche Peak nuclear deal. With the rally to $200-plus “beyond what any bull could have predicted years ago,” the stock is now pricing in a 100% probability that Comanche is contracted at $100/MWh and 75% odds that PJM nuclear assets are contracted at $88/MWh, argues the firm.