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Analyst Wire — 2026-10-12

Every US sell-side action recorded on 2026-10-12 — 260 in total: 17 upgrades, 12 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 (17)

NameFirmRatingTargetCallOurs
CRMRaymond JamesStrong Buy → Outperform—Upgraded to Outperform from Strong BuyAW40
CRMWells FargoAccumulate → Buy—Upgraded to Buy from AccumulateAW40
ALSNRaymond JamesStrong Buy → Buy—Upgraded to Buy from Strong Buy—
ASTSDeutsche BankHold → Buy—Upgraded to Buy from HoldHALO
MGHLMorgan StanleyUnderweight → Overweight—Upgraded to Overweight from Underweight—
HUMRaymond JamesHold → Outperform$520Upgraded to Outperform from Hold · Target set to $520 (+20.6% to spot)—
TYLWells FargoMarket Outperform → Overweight$400Upgraded to Overweight from Market Outperform · Target set to $400 (+21.4% to spot)—
ALSNCitigroupNeutral → Buy—Upgraded to Buy from Neutral—
ALLWells FargoUnderweight → Underperform—Upgraded to Underperform from Underweight—
BXDCCitigroupNeutral → Buy—Upgraded to Buy from Neutral—
BMRNRaymond JamesOutperform → Strong Buy—Upgraded to Strong Buy from Outperform—
BXCitigroupMarket Outperform → Buy—Upgraded to Buy from Market Outperform—
BROKeefe, Bruyette & WoodsUnderperform → Outperform—Upgraded to Outperform from Underperform—
MANHMorgan StanleyNegative → Overweight—Upgraded to Overweight from Negative—
DCGoldman SachsBuy → Underperform—Upgraded to Underperform from Buy—
DCBarclaysOverweight → Underweight—Upgraded to Underweight from Overweight—
AURBC CapitalSector Perform → Outperform—Upgraded to Outperform from Sector Perform—

Downgrades (12)

NameFirmRatingTargetCallOurs
CRMBarclaysOverweight → Positive—Downgraded to Positive from OverweightAW40
RBLXWells FargoOverweight → Cautious—Downgraded to Cautious from Overweight—
BWINCowen & Co.Buy → Hold—Downgraded to Hold from Buy—
CHRWDeutsche BankBuy → Hold—Downgraded to Hold from Buy—
ROIVWolfe ResearchBuy → Peer Perform—Downgraded to Peer Perform from Buy—
ADBEWells FargoOverweight → Underweight—Downgraded to Underweight from OverweightAW40
UWMCBTIGBuy → Neutral—Downgraded to Neutral from Buy—
INSMWolfe ResearchOutperform → Peer Perform—Downgraded to Peer Perform from Outperform—
HUBSUBSPositive → Cautious—Downgraded to Cautious from PositiveAW40
HUBSBarclaysOverweight → Buy—Downgraded to Buy from OverweightAW40
AUGoldman SachsSell → Reduce—Downgraded to Reduce from Sell—
AUUBSBuy → Reduce—Downgraded to Reduce from Buy—

Initiations (21)

NameFirmRatingTargetCallOurs
CRMCowen & Co.Buy → Buy—Initiated to Buy from BuyAW40
CRMDeutsche BankBuy → Buy—Initiated to Buy from BuyAW40
CRMEvercore ISIOutperform → Outperform—Initiated to Outperform from OutperformAW40
CRMKeyBancSector Weight → Sector Weight—Initiated to Sector Weight from Sector WeightAW40
BROCowen & Co.Buy—Initiated to Buy—
COAGRodman & RenshawBuy—Initiated to Buy—
ASBHStephensOverweight—Initiated to Overweight—
IBKRDeutsche BankBuy—Initiated to Buy—
QNRXBTIGBuy$14Initiated to Buy · Target set to $14 (+211.1% to spot)—
AXGNBank of America SecuritiesBuy—Initiated to Buy—
THFFHovde GroupOutperform$85Initiated to Outperform · Target set to $85 (+16.8% to spot)—
IBKREvercore ISIOutperform$100Initiated to Outperform · Target set to $100 (+13.8% to spot)—
WULFCowen & Co.Buy—Initiated to Buy—
MMEDJefferiesHold—Initiated to Hold—
KSHSBCBuy → Buy—Initiated to Buy from Buy—
PTGXUBSBuy → Buy—Initiated to Buy from Buy—
NKTRUBSOverweight → Neutral—Initiated to Neutral from Overweight—
ASBHPiper SandlerOverweight—Initiated to Overweight—
IDXXKeyBancSector Weight—Initiated to Sector WeightHALO
BBNXJefferiesBuy—Initiated to Buy—
AEHSBCBuy—Initiated to Buy—

Price-target moves (210)

NameFirmRatingTargetCallOurs
MIRMH.C. Wainwright—$195 → $200Target raised to $200 from $195 (+136.4% to spot)—
PTHSLake Street—$50 → $40Target cut to $40 from $50 (+98.3% to spot)—
ASSTMaxim—$21 → $37Target raised to $37 from $21 (+34.2% to spot)—
DALArgus—$105 → $95Target cut to $95 from $105 (+17.6% to spot)—
AMorgan Stanley—$175 → $190Target raised to $190 from $175 (+10.8% to spot)—
GHMorgan Stanley—$185 → $200Target raised to $200 from $185 (+22.7% to spot)—
ADPTMorgan Stanley—$22 → $27Target raised to $27 from $22 (+5.2% to spot)—
MTDMorgan Stanley—$1450 → $1575Target raised to $1575 from $1450 (+0.9% to spot)—
AVEXRBC Capital—$26Target set to $26 (+75.6% to spot)—
DALSeaport Research—$95 → $100Target raised to $100 from $95 (+23.8% to spot)—
NVTSeaport Research—$215 → $225Target raised to $225 from $215 (+36.2% to spot)Rubin
ABTCMaxim—$15 → $16Target raised to $16 from $15 (+93.2% to spot)—
GRALMorgan Stanley—$60 → $120Target raised to $120 from $60 (-13.9% to spot)—
TXGMorgan Stanley—$40 → $70Target raised to $70 from $40 (-11.3% to spot)—
CRLMorgan Stanley—$300 → $340Target raised to $340 from $300 (+12.9% to spot)—
NTRAMorgan Stanley—$355 → $435Target raised to $435 from $355 (+8.6% to spot)HALO
DHRMorgan Stanley—$220 → $240Target raised to $240 from $220 (+9% to spot)—
TMOMorgan Stanley—$650 → $730Target raised to $730 from $650 (+10.7% to spot)—
APPOppenheimer—$560 → $490Target cut to $490 from $560 (+79.3% to spot)AW40
HUMOppenheimer—$475 → $525Target raised to $525 from $475 (+22% to spot)—
ARGXOppenheimer—$1100 → $1038Target cut to $1038 from $1100 (+26.2% to spot)—
NVOBMO Capital—$47 → $40Target cut to $40 from $47 (+4% to spot)HALO
AMGNBMO Capital—$450 → $415Target cut to $415 from $450 (-0.2% to spot)HALO
ZETACraig-Hallum—$30 → $38Target raised to $38 from $30 (+14.1% to spot)—
DARJPMorgan—$82 → $83Target raised to $83 from $82 (+34.7% to spot)—
ADMJPMorgan—$77 → $75Target cut to $75 from $77 (-6.8% to spot)—
DALBMO Capital—$100 → $105Target raised to $105 from $100 (+29.5% to spot)—
MSFTDeutsche Bank—$550 → $600Target raised to $600 from $550 (+11.2% to spot)AW40
MBLYDeutsche Bank—$13 → $12Target cut to $12 from $13 (+74.6% to spot)—
BIIBBMO Capital—$208 → $220Target raised to $220 from $208 (-5.6% to spot)—
TCMDBTIG—$39 → $35Target cut to $35 from $39 (+56% to spot)—
SYKBTIG—$358 → $316Target cut to $316 from $358 (+12.9% to spot)HALO
MDTBTIG—$100 → $99Target cut to $99 from $100 (+7.1% to spot)—
ISRGBTIG—$469 → $454Target cut to $454 from $469 (+6.8% to spot)HALO
ALCBTIG—$82 → $74Target cut to $74 from $82 (+15.4% to spot)—
SIBTIG—$26 → $27Target raised to $27 from $26 (+49.8% to spot)—
GKOSBTIG—$202 → $205Target raised to $205 from $202 (+23.5% to spot)—
DALUBS—$105 → $102Target cut to $102 from $105 (+25.7% to spot)—
INVHUBS—$35 → $31Target cut to $31 from $35 (+17.1% to spot)—
ZETARoth Capital—$44 → $55Target raised to $55 from $44 (+64.7% to spot)—
CTVAUBS—$90 → $15Target cut to $15 from $90 (+16.2% to spot)—
CRGYUBS—$19 → $18Target cut to $18 from $19 (+38.5% to spot)—
CBUDA Davidson—$70 → $69Target cut to $69 from $70 (+17.3% to spot)—
HUMUBS—$405 → $495Target raised to $495 from $405 (+14.7% to spot)—
ALHCUBS—$22 → $9Target cut to $9 from $22 (+11.6% to spot)—
OSCRUBS—$26 → $36Target raised to $36 from $26 (+5.7% to spot)—
HPUBS—$49 → $50Target raised to $50 from $49 (+23.4% to spot)—
APAUBS—$47 → $52Target raised to $52 from $47 (+11.4% to spot)—
GENRBC Capital—$26 → $24Target cut to $24 from $26 (+2.3% to spot)—
TEAMRBC Capital—$215 → $235Target raised to $235 from $215 (+13.4% to spot)AW40
NOWRBC Capital—$130 → $176Target raised to $176 from $130 (+22.2% to spot)AW40
FTNTRBC Capital—$185 → $205Target raised to $205 from $185 (+5.1% to spot)AEI
DTRBC Capital—$59 → $73Target raised to $73 from $59 (+12.9% to spot)AEI
DDOGRBC Capital—$280 → $320Target raised to $320 from $280 (+9.6% to spot)AEI
CVLTRBC Capital—$150 → $160Target raised to $160 from $150 (+1.6% to spot)—
VGNTRBC Capital—$52 → $53Target raised to $53 from $52 (+19.6% to spot)—
MGARBC Capital—$69 → $68Target cut to $68 from $69 (+7% to spot)—
LCIDRBC Capital—$7 → $4Target cut to $4 from $7 (+10.8% to spot)—
LEARBC Capital—$143 → $139Target cut to $139 from $143 (+18% to spot)—
TWTD Cowen—$98 → $107Target raised to $107 from $98 (-4% to spot)—
GMRBC Capital—$100 → $102Target raised to $102 from $100 (+23.9% to spot)—
ALVRBC Capital—$147 → $146Target cut to $146 from $147 (+32.3% to spot)—
APTVRBC Capital—$78 → $77Target cut to $77 from $78 (+76.4% to spot)—
CRWDWells Fargo—$235 → $300Target raised to $300 from $235 (+9.1% to spot)AEI
FIGWells Fargo—$34 → $30Target cut to $30 from $34 (+33.3% to spot)—
PANWWells Fargo—$475 → $525Target raised to $525 from $475 (+25.4% to spot)AEI
NOWWells Fargo—$175 → $190Target raised to $190 from $175 (+34.9% to spot)AW40
KIMPiper Sandler—$31 → $27Target cut to $27 from $31 (+21.8% to spot)—
KRGPiper Sandler—$33 → $27Target cut to $27 from $33 (+12.9% to spot)—
LINEPiper Sandler—$44 → $36Target cut to $36 from $44 (+4.6% to spot)—
MAAPiper Sandler—$140 → $121Target cut to $121 from $140 (+3.5% to spot)—
MACPiper Sandler—$30 → $26Target cut to $26 from $30 (+16.9% to spot)—
NMRKPiper Sandler—$19 → $14Target cut to $14 from $19 (+15.5% to spot)—
SLGPiper Sandler—$79 → $64Target cut to $64 from $79 (+32.2% to spot)—
SPGPiper Sandler—$285 → $254Target cut to $254 from $285 (+27.4% to spot)—
TRNOPiper Sandler—$91 → $85Target cut to $85 from $91 (+31.2% to spot)—
UDRPiper Sandler—$41 → $36Target cut to $36 from $41 (+5.5% to spot)—
VMRKPiper Sandler—$76 → $67Target cut to $67 from $76 (+9.5% to spot)—
VNOPiper Sandler—$44 → $37Target cut to $37 from $44 (+10% to spot)—
NKTRLeerink—$130Target set to $130 (+215.8% to spot)—
VERALeerink—$34Target set to $34 (+13.8% to spot)—
ELVGuggenheim—$460Target set to $460 (+11.5% to spot)—
PGuggenheim—$215Target set to $215 (+39.2% to spot)AEI
SNPSNeedham—$620Target set to $620 (+21.6% to spot)Rubin
CVSLeerink—$119 → $112Target cut to $112 from $119 (+30% to spot)—
COMPWells Fargo—$13 → $10Target cut to $10 from $13 (+6.5% to spot)—
REXRTruist—$38 → $39Target raised to $39 from $38 (+6.2% to spot)—
AVYTruist—$209 → $208Target cut to $208 from $209 (+23.9% to spot)—
GEFTruist—$97 → $94Target cut to $94 from $97 (+14.9% to spot)—
OITruist—$10 → $8Target cut to $8 from $10 (+31.6% to spot)—
SLGNTruist—$52 → $45Target cut to $45 from $52 (+27% to spot)—
SONTruist—$68 → $62Target cut to $62 from $68 (+29.4% to spot)—
SHOPCantor Fitzgerald—$145 → $158Target raised to $158 from $145 (-7.5% to spot)AW40
CNPTruist—$46 → $44Target cut to $44 from $46 (+14% to spot)—
MELICantor Fitzgerald—$2300 → $2200Target cut to $2200 from $2300 (+16.4% to spot)HALO · AW40
DASHCantor Fitzgerald—$260 → $240Target cut to $240 from $260 (+22.1% to spot)—
SPOTCantor Fitzgerald—$530 → $490Target cut to $490 from $530 (-7.4% to spot)AW40
DTruist—$66 → $62Target cut to $62 from $66 (+0.6% to spot)—
PLTRBaird—$200 → $250Target raised to $250 from $200 (+19.6% to spot)AW40
VBaird—$420 → $430Target raised to $430 from $420 (+11.6% to spot)—
WSCBaird—$28 → $21Target cut to $21 from $28 (+23% to spot)—
DUKTruist—$135 → $130Target cut to $130 from $135 (+11.4% to spot)—
EIXTruist—$63 → $62Target cut to $62 from $63 (+12.1% to spot)—
ETRTruist—$122 → $119Target cut to $119 from $122 (+15.8% to spot)—
RKTMorgan Stanley—$19 → $16Target cut to $16 from $19 (+39.4% to spot)—
UWMCMorgan Stanley—$3 → $1.5Target cut to $1.5 from $3 (+38.9% to spot)—
PRTruist—$24 → $28Target raised to $28 from $24 (+21.6% to spot)—
AXPMorgan Stanley—$382 → $380Target cut to $380 from $382 (+23.3% to spot)—
SYFMorgan Stanley—$84 → $83Target cut to $83 from $84 (+14% to spot)—
OVVTruist—$73 → $77Target raised to $77 from $73 (+20.5% to spot)—
APATruist—$44 → $45Target raised to $45 from $44 (-1.9% to spot)—
CHRDTruist—$180 → $195Target raised to $195 from $180 (+37.8% to spot)—
CHHMorgan Stanley—$91 → $92Target raised to $92 from $91 (-12.9% to spot)—
MARMorgan Stanley—$380 → $384Target raised to $384 from $380 (+5% to spot)—
HLTMorgan Stanley—$332 → $336Target raised to $336 from $332 (+2.9% to spot)—
HMorgan Stanley—$209 → $211Target raised to $211 from $209 (+30.3% to spot)—
WHMorgan Stanley—$91 → $92Target raised to $92 from $91 (+24.2% to spot)—
DRHMorgan Stanley—$11 → $12Target raised to $12 from $11 (-4.9% to spot)—
HSTMorgan Stanley—$22 → $24Target raised to $24 from $22 (+6% to spot)—
PEBMorgan Stanley—$13 → $14Target raised to $14 from $13 (-26.8% to spot)—
PKMorgan Stanley—$11 → $13Target raised to $13 from $11 (-14.3% to spot)—
HUMTruist—$415 → $475Target raised to $475 from $415 (+10.2% to spot)—
OPCHMorgan Stanley—$32.05Target set to $32.05 (+3.2% to spot)—
WSOMorgan Stanley—$370 → $330Target cut to $330 from $370 (+17.9% to spot)—
MRAMMaxim—$25Target set to $25 (+52% to spot)—
AINorthland—$16Target set to $16 (+38.8% to spot)—
TDGGoldman Sachs—$1972 → $1745Target cut to $1745 from $1972 (+57.5% to spot)—
KTOSGoldman Sachs—$88 → $77Target cut to $77 from $88 (+81.8% to spot)HALO
SREBarclays—$103 → $90Target cut to $90 from $103 (+10.6% to spot)—
PPLBarclays—$41 → $38Target cut to $38 from $41 (+10.9% to spot)—
HPPPiper Sandler—$18 → $15Target cut to $15 from $18 (+25.3% to spot)—
KODH.C. Wainwright—$126Target set to $126 (+26.2% to spot)—
RYTMH.C. Wainwright—$130Target set to $130 (+43.2% to spot)—
PHRBarclays—$10 → $11Target raised to $11 from $10 (+1.8% to spot)—
HHHPiper Sandler—$100 → $83Target cut to $83 from $100 (+12.6% to spot)—
FRTPiper Sandler—$149 → $131Target cut to $131 from $149 (+23.4% to spot)—
WHRGoldman Sachs—$48 → $41Target cut to $41 from $48 (+42.2% to spot)—
EGPPiper Sandler—$268 → $246Target cut to $246 from $268 (+25.5% to spot)—
ESSPiper Sandler—$352 → $326Target cut to $326 from $352 (+20% to spot)—
PCGBarclays—$18 → $17Target cut to $17 from $18 (+29.5% to spot)—
SITEGoldman Sachs—$112 → $100Target cut to $100 from $112 (+14.7% to spot)—
PHMGoldman Sachs—$146 → $138Target cut to $138 from $146 (+23.1% to spot)—
KBHGoldman Sachs—$61 → $56Target cut to $56 from $61 (+29.8% to spot)—
PCORBarclays—$60 → $62Target raised to $62 from $60 (+10.3% to spot)—
DHIGoldman Sachs—$190 → $182Target cut to $182 from $190 (+34.9% to spot)—
INTABarclays—$29 → $38Target raised to $38 from $29 (-4.1% to spot)—
MTHGoldman Sachs—$93 → $82Target cut to $82 from $93 (+39.4% to spot)—
HNGEBarclays—$100 → $110Target raised to $110 from $100 (+6.9% to spot)—
SHELMizuho—$103Target set to $103 (+2.8% to spot)—
LPXGoldman Sachs—$74 → $64Target cut to $64 from $74 (-2.6% to spot)—
FTNTBarclays—$190 → $210Target raised to $210 from $190 (+7.8% to spot)AEI
NETBarclays—$355 → $400Target raised to $400 from $355 (+10.8% to spot)AEI
FEMizuho—$47Target set to $47 (+4.4% to spot)—
KGSMizuho—$72Target set to $72 (+34.7% to spot)—
CVXMizuho—$234Target set to $234 (+10.4% to spot)—
PRUMizuho—$108Target set to $108 (-4.5% to spot)—
EBAYMorgan Stanley—$132Target set to $132 (+17.7% to spot)—
AMGNWells Fargo—$435 → $430Target cut to $430 from $435 (+3.6% to spot)HALO
ZGWells Fargo—$35 → $21Target cut to $21 from $35 (-29.7% to spot)—
RCLWells Fargo—$388 → $358Target cut to $358 from $388 (+26.8% to spot)—
RNRWells Fargo—$331 → $319Target cut to $319 from $331 (-3.7% to spot)—
WTWWells Fargo—$378 → $364Target cut to $364 from $378 (+22.9% to spot)—
NPWells Fargo—$37 → $34Target cut to $34 from $37 (+18.3% to spot)—
AJGWells Fargo—$291 → $284Target cut to $284 from $291 (+22% to spot)—
AONWells Fargo—$383 → $323Target cut to $323 from $383 (+18.1% to spot)—
WDCUBS—$525 → $470Target cut to $470 from $525 (+18.3% to spot)Rubin
WRBWells Fargo—$68 → $65Target cut to $65 from $68 (-9.6% to spot)—
RLIWells Fargo—$57 → $51Target cut to $51 from $57 (-8.5% to spot)—
HGWells Fargo—$41 → $40Target cut to $40 from $41 (+15.9% to spot)—
CBWells Fargo—$356 → $343Target cut to $343 from $356 (+0.5% to spot)—
AXSWells Fargo—$126 → $112Target cut to $112 from $126 (+15.8% to spot)—
ASICWells Fargo—$30 → $31Target raised to $31 from $30 (+19.6% to spot)—
MATSeaport Research—$20Target set to $20 (+19.8% to spot)—
AIGWells Fargo—$85 → $83Target cut to $83 from $85 (+7.7% to spot)—
PVLAH.C. Wainwright—$270 → $246Target cut to $246 from $270 (+77.3% to spot)—
GILDBofA Securities—$164Target set to $164 (+8.5% to spot)—
INSMBofA Securities—$207Target set to $207 (+105.8% to spot)—
ALLYMorgan Stanley on risk from higher rates—$43Target set to $43 (+14.4% to spot)—
BABernstein—$298 → $278Target cut to $278 from $298 (+46% to spot)—
RDYBNP Paribas—$14.8Target set to $14.8 (+18.6% to spot)—
HIGTruist—$137Target set to $137 (+6.1% to spot)—
DALSusquehanna—$95Target set to $95 (+15.6% to spot)—
ALSNCiti—$135Target set to $135 (+22.9% to spot)—
GSHDCitizens—$80Target set to $80 (+83.9% to spot)—
SPCXPivotal Research—$220 → $230Target raised to $230 from $220 (+41.5% to spot)Rubin · AEI
TWSTCanaccord—$120 → $205Target raised to $205 from $120 (+28.3% to spot)—
TXGCanaccord—$60 → $100Target raised to $100 from $60 (+24% to spot)—
MRKRBC Capital—$145Target set to $145 (-0.4% to spot)—
MBXStifel—$84Target set to $84 (+57.8% to spot)—
BFLYCanaccord—$10Target set to $10 (+21.2% to spot)—
DUKJefferies—$121Target set to $121 (+3.7% to spot)—
NTRJefferies—$71Target set to $71 (+5.2% to spot)—
LNTJefferies—$75Target set to $75 (+13.9% to spot)—
FSLRTruist—$270Target set to $270 (+51.8% to spot)HALO
PODDJefferies—$190Target set to $190 (+40.4% to spot)—
FMCCMizuho—$4Target set to $4 (+8.7% to spot)—
FNMAMizuho—$5Target set to $5 (+23.8% to spot)—
AMZNWells Fargo—$329Target set to $329 (+25.4% to spot)AW40
EBAYWells Fargo—$91Target set to $91 (-18.9% to spot)—
ULSUBS—$97Target set to $97 (+38.6% to spot)—
TEVAJPMorgan—$50Target set to $50 (+21.7% to spot)—
ENOVNeedham—$34Target set to $34 (+92.2% to spot)—
KARDUBS—$25Target set to $25 (+70.4% to spot)—
VYLRUBS—$89Target set to $89 (+21.7% to spot)—
ODTXUBS—$27Target set to $27 (+42.1% to spot)—
TRNOBMO Capital—$75Target set to $75 (+15.8% to spot)—
AREBMO Capital—$41Target set to $41 (-9.9% to spot)—
HOODEvercore ISI—$130Target set to $130 (+19.2% to spot)—
AMSFCitizens—$40Target set to $40 (+63.9% to spot)—
CIZNCitizens—$29Target set to $29 (+229.5% to spot)—

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