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Analyst Wire — 2026-09-03

Every US sell-side action recorded on 2026-09-03 — 101 in total: 2 upgrades, 1 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 (2)

NameFirmRatingTargetCallOurs
SHELMorgan StanleyEqual-Weight → Overweight$101.3Upgraded to Overweight from Equal-Weight · Target set to $101.3 (+9.7% to spot)—
DOONational BankSector Perform → Outperform—Upgraded to Outperform from Sector Perform—

Downgrades (1)

NameFirmRatingTargetCallOurs
AVGOUBSBuy → Hold—Downgraded to Hold from BuyRubin

Initiations (4)

NameFirmRatingTargetCallOurs
CBNKRaymond JamesMarket Perform → Market Perform—Initiated to Market Perform from Market Perform—
AVGORBC CapitalSector Perform → Outperform—Initiated to Outperform from Sector PerformRubin
AVGOJefferiesBuy → Buy—Initiated to Buy from BuyRubin
AVGOCowen & Co.Buy → Buy—Initiated to Buy from BuyRubin

Price-target moves (94)

NameFirmRatingTargetCallOurs
FERGJefferies—$295Target set to $295 (+32.2% to spot)—
CRWDRoth Capital—$200 → $220Target raised to $220 from $200 (+2.3% to spot)AEI
CPBJefferies—$22 → $20Target cut to $20 from $22 (-9.6% to spot)—
VBNKRoth Capital—$25 → $28Target raised to $28 from $25 (+36% to spot)—
TTEMorgan Stanley—$90Target set to $90 (+0.8% to spot)—
SNOWGoldman Sachs—$300 → $436Target raised to $436 from $300 (+22.3% to spot)AEI
SNDABaird—$43Target set to $43 (+13.5% to spot)—
CIENEvercore ISI—$550 → $375Target cut to $375 from $550 (+18.1% to spot)—
CIENNeedham—$520Target set to $520 (+63.8% to spot)—
CIENRaymond James—$530 → $600Target raised to $600 from $530 (+90.1% to spot)—
DYRaymond James—$375Target set to $375 (+26.9% to spot)—
RAREMorgan Stanley—$18Target set to $18 (+22.3% to spot)—
CLYMBTIG—$20 → $32Target raised to $32 from $20 (+118.1% to spot)—
VBNKRaymond James—$23 → $20Target cut to $20 from $23 (-3.1% to spot)—
CLYMBaird—$21 → $25Target raised to $25 from $21 (+71% to spot)—
HCMDaiwa—$18.5Target set to $18.5 (+31% to spot)—
PSTigress Financial—$39 → $41Target raised to $41 from $39 (+10.8% to spot)—
CLYMPiper Sandler—$23 → $40Target raised to $40 from $23 (+176.6% to spot)—
JILLTelsey Advisory—$14 → $18Target raised to $18 from $14 (-4.1% to spot)—
TCOMHSBC—$48Target set to $48 (+16% to spot)—
OLLICraig-Hallum—$130 → $120Target cut to $120 from $130 (+66.1% to spot)—
FIVECraig-Hallum—$270 → $325Target raised to $325 from $270 (+33.1% to spot)—
DAKTCraig-Hallum—$32 → $33Target raised to $33 from $32 (+72.3% to spot)—
HPETruist—$69 → $70Target raised to $70 from $69 (+44.6% to spot)Rubin
FIVETruist—$273 → $297Target raised to $297 from $273 (+22.9% to spot)—
AVGOTruist—$550 → $520Target cut to $520 from $550 (+50.7% to spot)Rubin
NTAPNorthland—$171 → $187Target raised to $187 from $171 (+0.6% to spot)AEI
SNOWTruist—$375 → $425Target raised to $425 from $375 (+14.6% to spot)AEI
OLLITruist—$80 → $85Target raised to $85 from $80 (+17.6% to spot)—
GOLDNorthland—$57 → $55Target cut to $55 from $57 (+37.1% to spot)—
CXMCantor Fitzgerald—$6.5 → $7.5Target raised to $7.5 from $6.5 (+14.8% to spot)—
CXMMorgan Stanley—$7 → $8Target raised to $8 from $7 (+22.6% to spot)—
NTAPMorgan Stanley—$173 → $191Target raised to $191 from $173 (+3.4% to spot)AEI
NTSKRBC Capital—$20Target set to $20 (+40.5% to spot)—
OVIDRoth Capital—$7 → $8Target raised to $8 from $7 (+186.2% to spot)—
GLXYMorgan Stanley—$37 → $48Target raised to $48 from $37 (+88.9% to spot)—
HPEEvercore ISI—$70 → $65Target cut to $65 from $70 (+32.3% to spot)Rubin
RAREWedbush—$30 → $23Target cut to $23 from $30 (+55.5% to spot)—
NTAPWedbush—$150 → $170Target raised to $170 from $150 (-6.7% to spot)AEI
SNOWEvercore ISI—$360 → $430Target raised to $430 from $360 (+14.2% to spot)AEI
AVGOCantor Fitzgerald—$525 → $600Target raised to $600 from $525 (+75% to spot)Rubin
RARECantor Fitzgerald—$103 → $33Target cut to $33 from $103 (+123.2% to spot)—
FIVEMorgan Stanley—$235 → $300Target raised to $300 from $235 (+23.9% to spot)—
OLLIMorgan Stanley—$108 → $98Target cut to $98 from $108 (+39% to spot)—
SNOWScotiabank—$320 → $440Target raised to $440 from $320 (+18.2% to spot)AEI
HPEMorgan Stanley—$69 → $67Target cut to $67 from $69 (+37.9% to spot)Rubin
LIIMorgan Stanley—$450 → $375Target cut to $375 from $450 (-0.4% to spot)—
FIVEDeutsche Bank—$334 → $401Target raised to $401 from $334 (+66.4% to spot)—
MDTDeutsche Bank—$78 → $92Target raised to $92 from $78 (+0.5% to spot)—
DELLDeutsche Bank—$480 → $520Target raised to $520 from $480 (+2.7% to spot)Rubin
SNOWDA Davidson—$300 → $450Target raised to $450 from $300 (+20.9% to spot)AEI
SNOWRBC Capital—$372 → $440Target raised to $440 from $372 (+17.4% to spot)AEI
HAERaymond James—$105 → $125Target raised to $125 from $105 (+21.4% to spot)—
OLLIRBC Capital—$121 → $124Target raised to $124 from $121 (+75.1% to spot)—
FIVEJefferies—$350 → $420Target raised to $420 from $350 (+73.7% to spot)—
RAREJefferies—$77 → $28Target cut to $28 from $77 (+87.2% to spot)—
GIIITelsey Advisory—$38 → $32Target cut to $32 from $38 (+15.6% to spot)—
AVGORaymond James—$450 → $475Target raised to $475 from $450 (+38.3% to spot)Rubin
HPEUBS—$65 → $59Target cut to $59 from $65 (+13.8% to spot)Rubin
CVSUBS—$126 → $118Target cut to $118 from $126 (+21.4% to spot)—
NTAPUBS—$160 → $171Target raised to $171 from $160 (-5.4% to spot)AEI
MDTUBS—$100 → $110Target raised to $110 from $100 (+19.3% to spot)—
FIVEUBS—$285 → $325Target raised to $325 from $285 (+33.7% to spot)—
SLFArgus—$81 → $88Target raised to $88 from $81 (+10.7% to spot)—
ILMNArgus—$180 → $235Target raised to $235 from $180 (+10.2% to spot)HALO
AXONArgus—$460 → $600Target raised to $600 from $460 (+18.3% to spot)HALO
FIVEEvercore ISI—$245 → $260Target raised to $260 from $245 (+7% to spot)—
NTSKBMO Capital—$13 → $18Target raised to $18 from $13 (+30.9% to spot)—
AVGOEvercore ISI—$582 → $578Target cut to $578 from $582 (+57.4% to spot)Rubin
CVXBMO Capital—$210 → $235Target raised to $235 from $210 (+11% to spot)—
AVGOBMO Capital—$455 → $575Target raised to $575 from $455 (+56.6% to spot)Rubin
NTSKMorgan Stanley—$14 → $16Target raised to $16 from $14 (+16.4% to spot)—
SNOWOppenheimer—$400 → $475Target raised to $475 from $400 (+55.3% to spot)AEI
IMAXRoth Capital—$50 → $60Target raised to $60 from $50 (+16.1% to spot)—
PCGBarclays—$23 → $18Target cut to $18 from $23 (+35% to spot)—
SNOWBTIG—$340 → $424Target raised to $424 from $340 (+38.6% to spot)AEI
NTSKBTIG—$17 → $18Target raised to $18 from $17 (+30.9% to spot)—
TEAMBTIG—$180 → $230Target raised to $230 from $180 (+23.4% to spot)AW40
FLUTBernstein—$105 → $110Target raised to $110 from $105 (+7.9% to spot)—
DKNGBernstein—$27 → $29Target raised to $29 from $27 (+19.8% to spot)—
FIVEWells Fargo—$295Target set to $295 (+21.4% to spot)—
SNOWBarclays—$332 → $384Target raised to $384 from $332 (+25.6% to spot)AEI
VSHTruist—$42Target set to $42 (+37.2% to spot)—
RAREH.C. Wainwright—$50 → $25Target cut to $25 from $50 (-5.8% to spot)—
SNOWMorgan Stanley—$470Target set to $470 (+53.7% to spot)AEI
SNOWNeedham—$450Target set to $450 (+47.1% to spot)AEI
SGIUBS—$94 → $102Target raised to $102 from $94 (+50.4% to spot)—
AVGOMorgan Stanley—$502 → $505Target raised to $505 from $502 (+37.5% to spot)Rubin
NTAPWells Fargo—$180 → $190Target raised to $190 from $180 (+5.1% to spot)AEI
CVXWells Fargo—$226 → $230Target raised to $230 from $226 (+8.6% to spot)—
SNOWStifel—$350 → $450Target raised to $450 from $350 (+47.1% to spot)AEI
MGNINeedham—$30Target set to $30 (+20.6% to spot)—
AMZNWells Fargo—$328 → $338Target raised to $338 from $328 (+32.6% to spot)AW40
PCGTruist—$17Target set to $17 (+27.5% to spot)—

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