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Analyst Wire — 2026-08-25

Every US sell-side action recorded on 2026-08-25 — 133 in total: 10 upgrades, 7 downgrades, plus initiations and price-target moves, frozen as recorded.

The live wire refreshes through each trading day; this page never changes again. Third-party actions with our context — a diary, not advice.

Upgrades (10)

NameFirmRatingTargetCallOurs
BNSTD SecuritiesHold → Buy—Upgraded to Buy from Hold—
MRNARaymond JamesOutperform → Strong Buy—Upgraded to Strong Buy from Outperform—
MRNAMorgan StanleyNeutral → Overweight—Upgraded to Overweight from Neutral—
MRNAWells FargoOutperform → Overweight—Upgraded to Overweight from Outperform—
CAPROppenheimerPerform → Outperform—Upgraded to Outperform from Perform—
BFHWolfe ResearchPositive → Outperform—Upgraded to Outperform from Positive—
AMDRaymond JamesMarket Perform → Strong Buy—Upgraded to Strong Buy from Market PerformRubin
DTMorgan StanleyPositive → Overweight—Upgraded to Overweight from PositiveAEI
SMMTBernsteinUnderperform → Market Perform—Upgraded to Market Perform from Underperform—
JPBernsteinMarket Perform → Outperform—Upgraded to Outperform from Market Perform—

Downgrades (7)

NameFirmRatingTargetCallOurs
MRNAJefferiesHold → Underperform—Downgraded to Underperform from Hold—
VTEXItau BBAOutperform → Market Perform—Downgraded to Market Perform from Outperform—
MRNAWolfe ResearchPositive → Peer Perform—Downgraded to Peer Perform from Positive—
FIVELoop Capital MarketsBuy → Hold—Downgraded to Hold from Buy—
KLARWolfe ResearchOutperform → Peer Perform—Downgraded to Peer Perform from Outperform—
PAYWolfe ResearchOutperform → Peer Perform—Downgraded to Peer Perform from Outperform—
RLIJefferiesHold → Underperform—Downgraded to Underperform from Hold—

Initiations (15)

NameFirmRatingTargetCallOurs
LSCCBenchmarkBuy → Buy—Initiated to Buy from BuyRubin
MRNAUBSNeutral → Neutral—Initiated to Neutral from Neutral—
MRNAKeyBancOverweight—Initiated to Overweight—
MRNAGoldman SachsNeutral → Neutral—Initiated to Neutral from Neutral—
SPJefferiesBuy → Buy—Initiated to Buy from Buy—
OPYOppenheimerOutperform → Outperform—Initiated to Outperform from Outperform—
APMDBank of America SecuritiesBuy—Initiated to Buy—
APMDEvercore ISIOutperform—Initiated to Outperform—
JBTKeyBancOverweight—Initiated to Overweight—
AGMBPiper SandlerOverweight—Initiated to Overweight—
MFPKeyBancSector Weight—Initiated to Sector Weight—
SMBarclaysOverweight → Overweight—Initiated to Overweight from Overweight—
CURBJefferiesBuy—Initiated to Buy—
SMUBSBuy → Buy—Initiated to Buy from Buy—
JMKEUBSOverweight → Neutral—Initiated to Neutral from Overweight—

Price-target moves (101)

NameFirmRatingTargetCallOurs
SPTXJones—$32Target set to $32 (+28.9% to spot)—
DKSLoop Capital—$235 → $140Target cut to $140 from $235 (+12.6% to spot)—
DKSJefferies—$224 → $171Target cut to $171 from $224 (+37.5% to spot)—
ACMRDaiwa—$136Target set to $136 (+70.5% to spot)—
FROGRBC Capital—$118Target set to $118 (+31.9% to spot)AEI
TEAMRBC Capital—$215Target set to $215 (+29.1% to spot)AW40
IMTXJefferies—$18 → $17Target cut to $17 from $18 (+84.4% to spot)—
DKSGordon Haskett—$170 → $130Target cut to $130 from $170 (+3.8% to spot)—
NBISGoldman Sachs—$286 → $328Target raised to $328 from $286 (+48.7% to spot)Euro-AI · AEI
ELBerenberg—$84 → $92Target raised to $92 from $84 (-11.6% to spot)—
DKSWells Fargo—$240 → $185Target cut to $185 from $240 (+47.8% to spot)—
RGNXH.C. Wainwright—$23 → $21Target cut to $21 from $23 (+138.6% to spot)—
GPNTruist—$79 → $95Target raised to $95 from $79 (+1.2% to spot)—
GLBETruist—$41 → $47Target raised to $47 from $41 (+19.8% to spot)—
EQPTTruist—$38 → $35Target cut to $35 from $38 (+87.6% to spot)—
CLMTUBS—$26 → $47Target raised to $47 from $26 (-2.3% to spot)—
LARStifel—$11 → $13Target raised to $13 from $11 (+98.2% to spot)—
ACADDeutsche Bank—$37 → $38Target raised to $38 from $37 (+25.4% to spot)—
ACMArgus—$85 → $75Target cut to $75 from $85 (+16.6% to spot)—
KWRDeutsche Bank—$165 → $185Target raised to $185 from $165 (+14.4% to spot)—
OLNDeutsche Bank—$30 → $20Target cut to $20 from $30 (+16% to spot)—
KRODeutsche Bank—$6 → $9Target raised to $9 from $6 (+2.7% to spot)—
MRKArgus—$145 → $170Target raised to $170 from $145 (+10.7% to spot)—
ULTADeutsche Bank—$692 → $695Target raised to $695 from $692 (+30.1% to spot)—
RGNXBaird—$32 → $29Target cut to $29 from $32 (+245.6% to spot)—
DLTRTruist Securities—$138Target set to $138 (+0.9% to spot)—
FIVETruist Securities—$273Target set to $273 (+3.9% to spot)—
ACADMorgan Stanley—$27 → $28Target raised to $28 from $27 (-5.6% to spot)—
EPMAlliance Global—$6.25 → $6Target cut to $6 from $6.25 (+72.9% to spot)—
BTGOGoldman Sachs—$5.75 → $6.5Target raised to $6.5 from $5.75 (-4.6% to spot)—
CRCLGoldman Sachs—$71 → $81Target raised to $81 from $71 (-7.7% to spot)—
YSSGoldman Sachs—$28 → $14Target cut to $14 from $28 (+43.4% to spot)—
COTYMorgan Stanley—$2.5 → $2.75Target raised to $2.75 from $2.5 (-1.4% to spot)—
EXPEBTIG—$350 → $400Target raised to $400 from $350 (+18% to spot)—
RBRKScotiabank—$114Target set to $114 (+16.3% to spot)AEI
MRVLSusquehanna—$230 → $265Target raised to $265 from $230 (+15.6% to spot)Rubin
MRSHBMO Capital—$189 → $203Target raised to $203 from $189 (+4.3% to spot)—
ANABTD Cowen—$70Target set to $70 (+19.8% to spot)—
ASMRoth Capital—$7 → $7.5Target raised to $7.5 from $7 (+1.9% to spot)—
NVTRoth Capital—$195 → $210Target raised to $210 from $195 (+36.9% to spot)Rubin
EHTHRBC Capital—$3 → $2Target cut to $2 from $3 (+62.6% to spot)—
PICSRBC Capital—$18 → $16Target cut to $16 from $18 (+46.8% to spot)—
BKRRBC Capital—$71 → $76Target raised to $76 from $71 (+22.6% to spot)—
FACOppenheimer—$8Target set to $8 (+73.9% to spot)—
MEICraig-Hallum—$30Target set to $30 (+113.8% to spot)—
KDKOppenheimer—$9Target set to $9 (+137.5% to spot)—
ZTSTD Cowen—$94Target set to $94 (+21.8% to spot)—
LEUStifel—$246 → $216Target cut to $216 from $246 (+21.9% to spot)—
RUSHAUBS—$78 → $85Target raised to $85 from $78 (+8% to spot)—
BXPUBS—$61 → $70Target raised to $70 from $61 (+0% to spot)—
SNDKMizuho—$1900 → $1875Target cut to $1875 from $1900 (+25.6% to spot)Rubin
MUMizuho—$1375 → $1300Target cut to $1300 from $1375 (+42.8% to spot)Rubin
MKSIMizuho—$360 → $330Target cut to $330 from $360 (+22.6% to spot)Rubin
LRCXMizuho—$370 → $365Target cut to $365 from $370 (+17.7% to spot)Rubin
AMATMizuho—$650 → $590Target cut to $590 from $650 (+21.9% to spot)Rubin
NTNXUBS—$62 → $80Target raised to $80 from $62 (+20% to spot)—
DLTRGuggenheim—$145Target set to $145 (+6% to spot)—
WDAYCanaccord—$200 → $225Target raised to $225 from $200 (+13% to spot)AW40
MSTRCanaccord—$130 → $175Target raised to $175 from $130 (+42.7% to spot)—
BIIBRBC Capital—$240 → $260Target raised to $260 from $240 (+19.2% to spot)—
TFXNeedham—$170Target set to $170 (+22.9% to spot)—
XPEVBarclays—$14Target set to $14 (+25.6% to spot)—
ETORGoldman Sachs—$36 → $32Target cut to $32 from $36 (+10.1% to spot)—
COINGoldman Sachs—$173 → $196Target raised to $196 from $173 (+9.2% to spot)—
SEATDeutsche Bank—$7.5Target set to $7.5 (+7.1% to spot)—
PPLJefferies—$44Target set to $44 (+25.6% to spot)—
HIIBernstein SocGen GroupMember Login—$341Target set to $341 (+15.7% to spot)—
ARMRaymond JamesMember Login—$641Target set to $641 (+168.4% to spot)Rubin · Euro-AI
CHYMWells Fargo—$33 → $39Target raised to $39 from $33 (+19.3% to spot)—
FIVELoop Capital—$250Target set to $250 (-4.8% to spot)—
FISWells—$46Target set to $46 (+11.1% to spot)—
GTLBWells Fargo—$26 → $40Target raised to $40 from $26 (-4.8% to spot)—
RNGWells Fargo—$43 → $65Target raised to $65 from $43 (-3.1% to spot)—
ACNWolfe Research—$165 → $215Target raised to $215 from $165 (+15.3% to spot)—
BILLWolfe Research—$57 → $60Target raised to $60 from $57 (+24.6% to spot)—
NVDARaymond James—$330 → $352Target raised to $352 from $330 (+68.8% to spot)Rubin · AW40
CHYMWolfe Research—$32 → $38Target raised to $38 from $32 (+16.2% to spot)—
COFWolfe Research—$255 → $275Target raised to $275 from $255 (+27.2% to spot)—
CPAYWolfe Research—$475 → $530Target raised to $530 from $475 (+28% to spot)—
CRCLWolfe Research—$50 → $65Target raised to $65 from $50 (-25.9% to spot)—
EEFTWolfe Research—$75 → $70Target cut to $70 from $75 (-0.3% to spot)—
FISWolfe Research—$53 → $54Target raised to $54 from $53 (+30.4% to spot)—
FLYWWolfe Research—$22 → $23Target raised to $23 from $22 (+18.4% to spot)—
GPNWolfe Research—$110 → $125Target raised to $125 from $110 (+32.6% to spot)—
JKHYWolfe Research—$200 → $215Target raised to $215 from $200 (+26.1% to spot)—
KSPIWolfe Research—$110 → $115Target raised to $115 from $110 (+8% to spot)—
MAWolfe Research—$680 → $740Target raised to $740 from $680 (+23.4% to spot)—
NUWolfe Research—$18 → $17Target cut to $17 from $18 (+15.2% to spot)HALO
PAYPWolfe Research—$18 → $21Target raised to $21 from $18 (+38.2% to spot)—
RELYWolfe Research—$31 → $32Target raised to $32 from $31 (+20.3% to spot)—
SYFWolfe Research—$85 → $90Target raised to $90 from $85 (+12.5% to spot)—
VWolfe Research—$435 → $460Target raised to $460 from $435 (+20.3% to spot)—
XYZWolfe Research—$100 → $115Target raised to $115 from $100 (+41.3% to spot)—
MRKWolfe Research—$155 → $180Target raised to $180 from $155 (+19.5% to spot)—
APMDCantor Fitzgerald—$60Target set to $60 (+134.1% to spot)—
FOURWells Fargo—$59Target set to $59 (+22.9% to spot)—
ZSBarclays—$170 → $192Target raised to $192 from $170 (+9.1% to spot)AEI
PRMEChardan—$7Target set to $7 (+115.4% to spot)—
FCPTMarket Outperform by Citizens—$28Target set to $28 (+9.8% to spot)—
FLNCUBS—$12Target set to $12 (+10.5% to spot)HALO
JBTMKeyBanc—$150Target set to $150 (+30.3% to spot)—

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