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Analyst Wire — 2026-09-25

Every US sell-side action recorded on 2026-09-25 — 124 in total: 7 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 (7)

NameFirmRatingTargetCallOurs
AGORoth CapitalNeutral → Buy$85Upgraded to Buy from Neutral · Target set to $85 (+24.3% to spot)—
TTEHSBCHold → Buy—Upgraded to Buy from Hold—
SNPSHSBCHold → Buy$700Upgraded to Buy from Hold · Target set to $700 (+64.7% to spot)Rubin
MMMBernsteinUnderperform → Market Perform—Upgraded to Market Perform from Underperform—
BPHSBCUnderweight → Buy$51.3Upgraded to Buy from Underweight · Target set to $51.3 (+15.5% to spot)—
STEMUBSNeutral → Buy—Upgraded to Buy from Neutral—
AURBC CapitalOutperform → Sector Perform—Upgraded to Sector Perform from Outperform—

Downgrades (7)

NameFirmRatingTargetCallOurs
AKAMHSBCHold → Reduce—Downgraded to Reduce from HoldAEI
NFLXWells FargoUnderweight → Hold—Downgraded to Hold from UnderweightAW40
SNPSKeyBancOverweight → Underweight—Downgraded to Underweight from OverweightRubin
SNPSJefferiesUnderperform → Hold—Downgraded to Hold from UnderperformRubin
GPORJefferiesBuy → Hold$180Downgraded to Hold from Buy · Target set to $180 (+11.2% to spot)—
NKEBank of America SecuritiesNeutral → Underperform—Downgraded to Underperform from Neutral—
JPUBSNegative → Sell—Downgraded to Sell from Negative—

Initiations (14)

NameFirmRatingTargetCallOurs
CRWVGoldman SachsNeutral → Sell—Initiated to Sell from NeutralAEI
CRWVHSBCReduce → Sell—Initiated to Sell from ReduceAEI
STEXUBSBuy—Initiated to Buy—
SNPSBernsteinOutperform—Initiated to OutperformRubin
SNPSBarclaysOverweight—Initiated to OverweightRubin
WLTHNeedhamBuy$13Initiated to Buy · Target set to $13 (+27.6% to spot)—
TELACraig-HallumBuy$2Initiated to Buy · Target set to $2 (+57.5% to spot)—
CRKJefferiesHold—Initiated to Hold—
SPTXRaymond JamesStrong Buy$46Initiated to Strong Buy · Target set to $46 (+117.8% to spot)—
PDFSNeedhamBuy$60Initiated to Buy · Target set to $60 (+25.3% to spot)Rubin
PRKHovde GroupMarket Perform$190Initiated to Market Perform · Target set to $190 (+5.4% to spot)—
PRSUCitigroupOutperform—Initiated to Outperform—
LGNDBarclaysOverweight → Overweight—Initiated to Overweight from Overweight—
PGENB. RileyBuy—Initiated to Buy—

Price-target moves (96)

NameFirmRatingTargetCallOurs
SEIWells Fargo—$73 → $85Target raised to $85 from $73 (+19.8% to spot)—
BDSXH.C. Wainwright—$27 → $38Target raised to $38 from $27 (+28.7% to spot)—
RZLTH.C. Wainwright—$5 → $10Target raised to $10 from $5 (+149.1% to spot)—
AMDBofA Securities—$720Target set to $720 (+14.4% to spot)Rubin
KGCCIBC—$54 → $50Target cut to $50 from $54 (+101.1% to spot)—
ACADH.C. Wainwright—$37 → $33Target cut to $33 from $37 (+56.9% to spot)—
ALTGNorthland—$17 → $12Target cut to $12 from $17 (+100% to spot)—
SNXUBS—$352 → $379Target raised to $379 from $352 (+40.9% to spot)—
DOWUBS—$32 → $30Target cut to $30 from $32 (+6.8% to spot)—
LYBUBS—$64 → $62Target cut to $62 from $64 (+4.3% to spot)—
MDLNUBS—$45 → $43Target cut to $43 from $45 (+23.5% to spot)—
WLKUBS—$106 → $98Target cut to $98 from $106 (+46.3% to spot)—
IEScotiabank—$18 → $16Target cut to $16 from $18 (+54.3% to spot)—
COSTTruist—$1011 → $955Target cut to $955 from $1011 (+3.9% to spot)HALO
CPTTruist—$123 → $108Target cut to $108 from $123 (+11.2% to spot)—
PYPLDeutsche Bank—$50 → $55Target raised to $55 from $50 (+3.4% to spot)—
TFINRaymond James—$89 → $84Target cut to $84 from $89 (+36.1% to spot)—
AEERBC Capital—$107Target set to $107 (+8.7% to spot)—
CRLDeutsche Bank—$300 → $320Target raised to $320 from $300 (+9.9% to spot)—
SFMDeutsche Bank—$84 → $77Target cut to $77 from $84 (+21.3% to spot)HALO
CRLRBC Capital—$282 → $322Target raised to $322 from $282 (+10.6% to spot)—
ACADDeutsche Bank—$38 → $31Target cut to $31 from $38 (+44.8% to spot)—
TMODeutsche Bank—$635 → $720Target raised to $720 from $635 (+8.2% to spot)—
GENRBC Capital—$30 → $26Target cut to $26 from $30 (+14.4% to spot)—
AJGMorgan Stanley—$290 → $285Target cut to $285 from $290 (+25.3% to spot)—
PETSMorgan Stanley—$2.15 → $1.4Target cut to $1.4 from $2.15 (-9.7% to spot)—
AXSMMorgan Stanley—$251 → $247Target cut to $247 from $251 (+24.4% to spot)—
NTRARBC Capital—$350 → $460Target raised to $460 from $350 (+12.3% to spot)HALO
COSTDA Davidson—$1000 → $1040Target raised to $1040 from $1000 (+13.1% to spot)HALO
ZSRBC Capital—$210 → $236Target raised to $236 from $210 (+20.5% to spot)AEI
TXRHEvercore ISI—$200 → $220Target raised to $220 from $200 (+37.7% to spot)—
ANDGTruist Securities—$70Target set to $70 (+28.3% to spot)—
METACanaccord—$950Target set to $950 (+22.2% to spot)AW40
BBCanaccord—$10.3 → $9.5Target cut to $9.5 from $10.3 (+8.8% to spot)AEI
MCDBaird—$250Target set to $250 (+5.5% to spot)—
ACADNeedham—$35Target set to $35 (+57.8% to spot)—
CRLBaird—$291 → $334Target raised to $334 from $291 (+13.4% to spot)—
AKAMPiper Sandler—$125 → $158Target raised to $158 from $125 (+43.1% to spot)AEI
FULBaird—$75 → $65Target cut to $65 from $75 (+30% to spot)—
INFQBTIG—$22 → $25Target raised to $25 from $22 (+74.8% to spot)—
FISBaird—$48 → $45Target cut to $45 from $48 (+28.5% to spot)—
GDDYBaird—$110 → $120Target raised to $120 from $110 (+19% to spot)—
OKTABaird—$200 → $235Target raised to $235 from $200 (+13.7% to spot)AEI
OKTABMO Capital—$187 → $230Target raised to $230 from $187 (+11.3% to spot)AEI
ACADBMO Capital—$36 → $34Target cut to $34 from $36 (+53.3% to spot)—
OKTAStephens—$190 → $240Target raised to $240 from $190 (+16.1% to spot)AEI
KMXStephens—$66 → $74Target raised to $74 from $66 (+31.3% to spot)—
CDNLTruist—$40Target set to $40 (+45.2% to spot)—
BNYTruist—$178 → $172Target cut to $172 from $178 (+14.5% to spot)—
CRLEvercore ISI—$320 → $330Target raised to $330 from $320 (+12.1% to spot)—
DHIEvercore ISI—$177 → $166Target cut to $166 from $177 (+18.3% to spot)—
FBINEvercore ISI—$56 → $45Target cut to $45 from $56 (+18.5% to spot)—
IBPEvercore ISI—$246 → $222Target cut to $222 from $246 (+13.1% to spot)—
MHKEvercore ISI—$132 → $129Target cut to $129 from $132 (+8% to spot)—
MTHEvercore ISI—$73 → $65Target cut to $65 from $73 (+0.8% to spot)—
TOLEvercore ISI—$191 → $184Target cut to $184 from $191 (+35.4% to spot)—
SRZNH.C. Wainwright—$54Target set to $54 (+60.3% to spot)—
GRALMizuho—$100Target set to $100 (-20.1% to spot)—
CRLMizuho—$295Target set to $295 (+0.2% to spot)—
DRIMizuho—$245Target set to $245 (+18.1% to spot)—
WTMorgan Stanley—$21 → $27Target raised to $27 from $21 (+12.5% to spot)—
VRTSMorgan Stanley—$130 → $120Target cut to $120 from $130 (-7.6% to spot)—
VCTRMorgan Stanley—$91 → $115Target raised to $115 from $91 (+8.4% to spot)—
TROWMorgan Stanley—$116 → $110Target cut to $110 from $116 (+5.5% to spot)—
AAMIMorgan Stanley—$81 → $95Target raised to $95 from $81 (+1.8% to spot)—
IVZMorgan Stanley—$30 → $31Target raised to $31 from $30 (+1% to spot)—
BLKMorgan Stanley—$1488 → $1479Target cut to $1479 from $1488 (+37.8% to spot)—
BENMorgan Stanley—$34 → $35Target raised to $35 from $34 (+7.5% to spot)—
CGEMH.C. Wainwright—$30 → $35Target raised to $35 from $30 (+126.7% to spot)—
DMRAGuggenheim—$60Target set to $60 (+196% to spot)—
KMBBofA Securities—$120Target set to $120 (+23.4% to spot)—
SNXMorgan Stanley—$334 → $359Target raised to $359 from $334 (+38.4% to spot)—
COSTBernstein—$1144 → $1143Target cut to $1143 from $1144 (+27.5% to spot)HALO
MSWells Fargo—$240 → $223Target cut to $223 from $240 (+13.6% to spot)—
SHWWells Fargo—$360 → $340Target cut to $340 from $360 (+6.1% to spot)—
COSTRaymond James—$1050Target set to $1050 (+17.1% to spot)HALO
TSEMMizuho—$300Target set to $300 (+38.1% to spot)Rubin
AXGNRaymond James—$53Target set to $53 (+22.3% to spot)—
CRLBarclays—$300 → $330Target raised to $330 from $300 (+12.1% to spot)—
PBarclays—$110 → $132Target raised to $132 from $110 (+8.3% to spot)AEI
GISBarclays—$36 → $37Target raised to $37 from $36 (+6.2% to spot)—
GWWBarclays—$1185 → $1172Target cut to $1172 from $1185 (-8.4% to spot)—
EHSBC—$90Target set to $90 (+63.5% to spot)—
EQNRHSBC—$85Target set to $85 (+96.9% to spot)—
XOMHSBC—$158 → $90Target cut to $90 from $158 (-44.5% to spot)—
SHELHSBC—$3650 → $90Target cut to $90 from $3650 (-5.9% to spot)—
PATHUBS—$15 → $14Target cut to $14 from $15 (+11.1% to spot)Euro-AI · AW40
OKLOUBS—$55 → $41Target cut to $41 from $55 (+7.1% to spot)—
HUMBarclays—$515Target set to $515 (+35.5% to spot)—
FRVOWolfe Research—$29Target set to $29 (+73.5% to spot)—
AKAMGuggenheim—$225Target set to $225 (+103.8% to spot)AEI
AKAMUBS—$148Target set to $148 (+34% to spot)AEI
METAPiper Sandler—$875Target set to $875 (+12.5% to spot)AW40
CVXHSBC—$218 → $250Target raised to $250 from $218 (+21.6% to spot)—
CFBernstein—$162Target set to $162 (+36.8% to spot)—
CHEUBS—$650Target set to $650 (+31.1% to spot)—

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