Investment Bank Ratings & Recommendations
Report Date: 2026-02-07
⚡ Key Takeaways
📈 Notable Upgrades 5 calls
NVDA
NVIDIA Corporation
↑ Upgrade
Goldman Sachs • Toshiya Hari 📅 2026-02-06
Buy → Conviction Buy
Old PT 200
New PT 240
Current 185.41
29.4%
AI infrastructure demand accelerating beyond expectations, data center buildout driving multi-year supercycle
AMD
Advanced Micro Devices
↑ Upgrade
Morgan Stanley • Joseph Moore 📅 2026-02-05
Equal Weight → Overweight
Old PT 180
New PT 250
Current 208.44
19.9%
Market share gains in data center accelerating, AI chip roadmap competitive with NVDA
INTC
Intel Corporation
↑ Upgrade
Jefferies • Mark Lipacis 📅 2026-02-04
Hold → Buy
Old PT 45
New PT 65
Current 50.59
28.5%
Foundry turnaround story gaining traction, 18A process node competitive
TSLA
Tesla Inc.
↑ Upgrade
Bank of America • John Murphy 📅 2026-02-07
Neutral → Buy
Old PT 380
New PT 500
Current 411.11
21.6%
FSD breakthrough creating new revenue streams, energy business inflecting
ORCL
Oracle Corporation
↑ Upgrade
Cowen • Derrick Wood 📅 2026-02-03
Market Perform → Outperform
Old PT 130
New PT 170
Current 142.82
19.0%
Cloud infrastructure momentum accelerating, AI database capabilities leading
📉 Notable Downgrades 4 calls
AMZN
Amazon.com Inc.
↓ Downgrade
UBS • Lloyd Walmsley 📅 2026-02-06
Buy → Neutral
Old PT 250
New PT 200
Current 210.32
-4.9%
E-commerce growth decelerating, AWS facing increased competition
META
Meta Platforms Inc.
↓ Downgrade
Bernstein • Mark Shmulik 📅 2026-02-05
Outperform → Market Perform
Old PT 750
New PT 650
Current 661.46
-1.7%
Reality Labs losses mounting, user growth plateauing in key markets
GOOGL
Alphabet Inc.
↓ Downgrade
Piper Sandler • Thomas Champion 📅 2026-02-04
Overweight → Neutral
Old PT 350
New PT 320
Current 322.86
-0.9%
Search disruption from AI accelerating, YouTube ad growth slowing
ADBE
Adobe Inc.
↓ Downgrade
Wells Fargo • Michael Turrin 📅 2026-02-07
Overweight → Equal Weight
Old PT 320
New PT 270
Current 268.38
0.6%
Creative suite facing AI disruption, enterprise spending cautious
⚖️ Sector Weight Changes 4 changes
JPMorgan 📅 2026-02-06
Technology
↑ UPGRADED
Neutral → Overweight
AI infrastructure buildout creating multi-year growth cycle
Top Picks
NVDAMSFTAMD
Avoid
INTC
Goldman Sachs 📅 2026-02-05
Industrials
↑ UPGRADED
Underweight → Neutral
Infrastructure spending cycle beginning, manufacturing reshoring
Top Picks
CATDERTX
Avoid
BA
Morgan Stanley 📅 2026-02-04
Energy
↑ UPGRADED
Neutral → Overweight
Oil demand resilient, refining margins recovering
Top Picks
XOMCVXMPC
Avoid
SLB
Citigroup 📅 2026-02-03
Real Estate
↓ DOWNGRADED
Overweight → Underweight
Commercial real estate stress spreading, office demand weak
Top Picks
PLD
Avoid
BXPVNO
🎯 Thematic Calls 4 themes
AI Infrastructure Supercycle
Goldman Sachs 📅 2026-02-06
BULLISH
Enterprise AI adoption accelerating beyond expectations, requiring massive infrastructure buildout. Data center demand could triple by 2028.
Beneficiaries
NVDAAMDMSFTGOOGL
At Risk
Traditional hardware vendors
Timeframe: 3-5 years | Conviction: HIGH
US Manufacturing Renaissance
Morgan Stanley 📅 2026-02-05
BULLISH
CHIPS Act and IRA driving unprecedented manufacturing investment, reshoring accelerating
Beneficiaries
INTCCATDE
At Risk
Import-dependent retailers
Timeframe: 5-10 years | Conviction: MEDIUM
Energy Transition 2.0
Bank of America 📅 2026-02-04
BULLISH
Second wave of energy transition focusing on grid modernization and storage
Beneficiaries
TSLAENPHFirst Solar
At Risk
Traditional utilities
Timeframe: 2-4 years | Conviction: HIGH
Streaming Wars Consolidation
Credit Suisse 📅 2026-02-01
BEARISH
Market saturation forcing consolidation, only 2-3 winners will emerge
Beneficiaries
NFLXDIS
At Risk
Smaller streaming players
Timeframe: 2-3 years | Conviction: MEDIUM
🌍 Market Allocation
Overall Market View
Equities Tactically positive - earnings growth accelerating, Fed pivot supportive
Bonds Underweight duration - inflation risks remain elevated
Cash 5-10% for opportunities
Regional Preferences
US Overweight - AI leadership, policy support
Europe Underweight - structural challenges persist
Emerging Markets Neutral - China recovery balanced by other headwinds
China Underweight - Policy uncertainty, property overhang
Japan Neutral - Corporate reforms positive, yen headwind
Style Preferences
Growth Vs Value Growth favored - AI beneficiaries concentrated in growth
Large Vs Small Large cap bias - quality premium expanding
Cyclical Vs Defensive Selective cyclicals - focus on AI infrastructure
💡 Actionable Ideas 1 ideas
Buy AI infrastructure basket: NVDA, AMD, MSFT
Universal analyst upgrades, multi-year demand visibility, pricing power intact
Supported by: Goldman Sachs, Morgan Stanley, Wedbush
⚠️ Risk: Valuation multiples already elevated, execution risk on new products