Analyst Wire — 2026-09-16

Every US sell-side action recorded on 2026-09-16 — 96 in total: 10 upgrades, 8 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
PAYXUBSNeutral → BuyUpgraded to Buy from Neutral
INTCBarclaysUnderperform → OverweightUpgraded to Overweight from UnderperformRubin
RCKTNeedhamHold → Buy$9Upgraded to Buy from Hold · Target set to $9 (+163.9% to spot)
SMWBNeedhamHold → BuyUpgraded to Buy from Hold
BTCUBSHold → BuyUpgraded to Buy from Hold
SMDeutsche BankHold → BuyUpgraded to Buy from Hold
UNPRBC CapitalOutperform → BuyUpgraded to Buy from Outperform
BUDDeutsche BankHold → BuyUpgraded to Buy from Hold
SUNBRBC CapitalSector Perform → OutperformUpgraded to Outperform from Sector Perform
CNSeaport GlobalBuy → OutperformUpgraded to Outperform from Buy

Downgrades (8)

NameFirmRatingTargetCallOurs
MWARBC CapitalSector Perform → UnderperformDowngraded to Underperform from Sector Perform
PAYXMorgan StanleyEqual-Weight → UnderweightDowngraded to Underweight from Equal-Weight
PAYXBarclaysEqual-Weight → UnderweightDowngraded to Underweight from Equal-Weight
EXPEMorgan StanleyEqual-Weight → UnderweightDowngraded to Underweight from Equal-Weight
NUItau BBAOutperform → Market PerformDowngraded to Market Perform from OutperformHALO
CLLSBarclaysOverweight → UnderweightDowngraded to Underweight from Overweight
BZUBSBuy → SellDowngraded to Sell from Buy
CNBMO CapitalOutperform → Market PerformDowngraded to Market Perform from Outperform

Initiations (23)

NameFirmRatingTargetCallOurs
PAYXStephensNeutral → NeutralInitiated to Neutral from Neutral
PAYXFBN SecuritiesOutperformInitiated to Outperform
PAYXSeaport GlobalBuyInitiated to Buy
BANDBank of America SecuritiesNeutralInitiated to Neutral
RCUSCowen & Co.BuyInitiated to Buy
FIVNFBN SecuritiesOutperformInitiated to Outperform
BTCBTIGBuyInitiated to Buy
KSCLSAOutperform → UnderperformInitiated to Underperform from Outperform
TRAXUBSBuy → BuyInitiated to Buy from Buy
BBJefferiesHold → BuyInitiated to Buy from HoldAEI
WENSeaport GlobalNeutralInitiated to Neutral
CMGSeaport GlobalBuy → NeutralInitiated to Neutral from BuyHALO
SHAKSeaport GlobalNeutralInitiated to Neutral
SBUXSeaport GlobalNeutralInitiated to Neutral
MCDSeaport GlobalNeutralInitiated to Neutral
TXRHSeaport GlobalBuyInitiated to Buy
DRISeaport GlobalBuyInitiated to Buy
EATSeaport GlobalBuyInitiated to Buy
QSRSeaport GlobalNeutral → BuyInitiated to Buy from Neutral
CAVASeaport GlobalBuyInitiated to BuyHALO
BROSSeaport GlobalBuyInitiated to BuyHALO
YUMSeaport GlobalBuyInitiated to Buy
DPZSeaport GlobalNeutralInitiated to Neutral

Price-target moves (55)

NameFirmRatingTargetCallOurs
HBANWells Fargo$23 → $21Target cut to $21 from $23 (+31.8% to spot)
JKHYRaymond James$192 → $199Target raised to $199 from $192 (+25.6% to spot)
MDWDAlliance Global$22 → $27Target raised to $27 from $22 (+100.8% to spot)
CHRDTruist$166 → $180Target raised to $180 from $166 (+22.2% to spot)
SEINorthland$104 → $111Target raised to $111 from $104 (+69.9% to spot)
TRGPMorgan Stanley$343 → $359Target raised to $359 from $343 (+25.7% to spot)
INGMMorgan Stanley$33 → $30Target cut to $30 from $33 (+14.4% to spot)
BMYPiper Sandler$75 → $82Target raised to $82 from $75 (+28.7% to spot)
WKBTIG$80 → $85Target raised to $85 from $80 (+13.6% to spot)
JKHYPiper Sandler$171 → $175Target raised to $175 from $171 (+13.6% to spot)
YUMBaird$174 → $165Target cut to $165 from $174 (+17.2% to spot)
XPOFUBS$7 → $4.5Target cut to $4.5 from $7 (+17.5% to spot)
CTVAUBS$85 → $90Target raised to $90 from $85 (+7.9% to spot)
CTVABMO Capital$100 → $95Target cut to $95 from $100 (+13.9% to spot)
DTMJefferies$155 → $145Target cut to $145 from $155 (+15.9% to spot)
IRONWells Fargo$79 → $86Target raised to $86 from $79 (+27.8% to spot)
CCLStifel$37 → $35Target cut to $35 from $37 (+58.3% to spot)
LENTruist$80 → $75Target cut to $75 from $80 (-6.3% to spot)
KBHTruist$56 → $55Target cut to $55 from $56 (+11.1% to spot)
PHMTruist$145 → $136Target cut to $136 from $145 (+13.8% to spot)
MTHTruist$72Target set to $72 (+9.5% to spot)
RAPPBTIG$75Target set to $75 (+75.7% to spot)
CMCSABofA Securities$35Target set to $35 (+43.3% to spot)
TARSBarclays$110Target set to $110 (+40.6% to spot)
TCOMMizuho$60Target set to $60 (+52.9% to spot)
AXSMizuho$130 → $118Target cut to $118 from $130 (+17.4% to spot)
AONMizuho$398 → $366Target cut to $366 from $398 (+20.1% to spot)
ACGLMizuho$104 → $100Target cut to $100 from $104 (+3.1% to spot)
AJGMizuho$300 → $292Target cut to $292 from $300 (+17.7% to spot)
CBMizuho$352 → $347Target cut to $347 from $352 (+1.5% to spot)
RYANMizuho$48 → $43Target cut to $43 from $48 (+9.7% to spot)
ALLMizuho$300 → $297Target cut to $297 from $300 (+15.5% to spot)
PGRMizuho$236 → $230Target cut to $230 from $236 (+3.9% to spot)
WTWMizuho$406 → $380Target cut to $380 from $406 (+18% to spot)
AVAVJefferies$229 → $204Target cut to $204 from $229 (+29.9% to spot)HALO
CCLBarclays$35 → $33Target cut to $33 from $35 (+49.3% to spot)
JBHTBarclays$300 → $285Target cut to $285 from $300 (+4.4% to spot)
PNFPHovde Group$125Target set to $125 (+25.8% to spot)
SLDBRBC Capital$18Target set to $18 (+115.1% to spot)
ABTCBTIG$15Target set to $15 (+87.7% to spot)
JANCompass Point$37Target set to $37 (+17.1% to spot)
SLVMWells Fargo$47Target set to $47 (+34.7% to spot)
MOVEChardan$18.75Target set to $18.75 (+75.1% to spot)
BNTXBerenberg$132 → $140Target raised to $140 from $132 (+44.8% to spot)Euro-AI
SUNBBernstein SocGen Group$97Target set to $97 (+34.9% to spot)
UNPUBS$339Target set to $339 (+19.4% to spot)
TRAXGuggenheim$100Target set to $100 (+159.9% to spot)
ALVOBarclays$8Target set to $8 (+59.4% to spot)
TXRHSeaport Research$195Target set to $195 (+14.9% to spot)
DRISeaport Research$240Target set to $240 (+14.8% to spot)
EATSeaport Research$230Target set to $230 (+13% to spot)
YUMSeaport Research$162Target set to $162 (+15.1% to spot)
QSRSeaport Research$88Target set to $88 (+16.5% to spot)
CAVASeaport Research$58Target set to $58 (+16% to spot)HALO
BROSSeaport Research$50Target set to $50 (+19.1% to spot)HALO

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