Investment Bank Ratings & Recommendations
Report Date: 2026-02-17
⚡ Key Takeaways
📈 Notable Upgrades 5 calls
CRM
Salesforce, Inc.
↑ Upgrade
Morgan Stanley • Keith Weiss 📅 2026-02-16
Equal Weight → Overweight
Old PT 185
New PT 210
Current 189.72
10.7%
AI-driven productivity gains accelerating enterprise adoption
ORCL
Oracle Corporation
↑ Upgrade
JPMorgan • Mark Murphy 📅 2026-02-15
Neutral → Overweight
Old PT 145
New PT 180
Current 160.14
12.4%
Cloud infrastructure momentum with enterprise AI workloads
XLU
Utilities Sector
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Goldman Sachs • Michael Elias 📅 2026-02-14
Neutral → Attractive
Old PT 45
New PT 50
Current 46.50
7.5%
Peak rate environment creating attractive entry point
AMD
Advanced Micro Devices
↑ Upgrade
Bank of America • Vivek Arya 📅 2026-02-13
Neutral → Buy
Old PT 195
New PT 240
Current 207.32
15.8%
Data center AI chip share gains vs NVIDIA
XLE
Energy Sector
↑ Upgrade
Citigroup • Paul Cheng 📅 2026-02-12
Neutral → Buy
Old PT 52
New PT 60
Current 54.35
10.4%
Geopolitical tensions supporting oil price floor
📉 Notable Downgrades 4 calls
NVDA
NVIDIA Corporation
↓ Downgrade
Wells Fargo • Aaron Rakers 📅 2026-02-16
Overweight → Equal Weight
Old PT 220
New PT 190
Current 182.78
-4.0%
Valuation stretched despite AI leadership
AAPL
Apple Inc.
↓ Downgrade
Barclays • Tim Long 📅 2026-02-15
Equal Weight → Underweight
Old PT 270
New PT 240
Current 255.78
-6.2%
iPhone cycle elongation and services growth deceleration
META
Meta Platforms
↓ Downgrade
UBS • Lloyd Walmsley 📅 2026-02-14
Buy → Neutral
Old PT 700
New PT 620
Current 639.77
-3.1%
Metaverse spending concerns outweighing AI benefits
NFLX
Netflix Inc.
↓ Downgrade
Needham • Laura Martin 📅 2026-02-13
Buy → Hold
Old PT 85
New PT 75
Current 76.87
-2.4%
Streaming competition intensifying, subscriber growth slowing
⚖️ Sector Weight Changes 4 changes
Morgan Stanley 📅 2026-02-14
Technology
↓ DOWNGRADED
Overweight → Neutral
Valuation compression risk as rates remain elevated longer
Top Picks
MSFTORCLCRM
Avoid
NVDA
JPMorgan 📅 2026-02-15
Utilities
↑ UPGRADED
Underweight → Overweight
Attractive dividend yields as growth expectations moderate
Top Picks
NEEDUKSO
Avoid
PCG
Goldman Sachs 📅 2026-02-12
Healthcare
↑ UPGRADED
Neutral → Overweight
Defensive characteristics with biotech innovation catalysts
Top Picks
LLYUNHJNJ
Avoid
MRNA
Bank of America 📅 2026-02-13
Financials
↓ DOWNGRADED
Overweight → Neutral
Credit cycle concerns and net interest margin pressure
Top Picks
JPMBACC
Avoid
Regional banks
🎯 Thematic Calls 4 themes
AI Infrastructure Build-Out
Goldman Sachs 📅 2026-02-10
BULLISH
Enterprise AI adoption entering exponential phase, requiring massive infrastructure investment over next 24 months
Beneficiaries
NVDAAMDAVGOORCL
At Risk
Legacy software companies without AI integration
Timeframe: 12-24 months | Conviction: HIGH
Energy Transition Acceleration
Morgan Stanley 📅 2026-02-08
BULLISH
Government incentives and corporate commitments driving renewable energy capex boom
Beneficiaries
TSLAENPHNEEFSLR
At Risk
Traditional oil majors without transition strategy
Timeframe: 18-36 months | Conviction: HIGH
Reshoring Manufacturing
JPMorgan 📅 2026-02-05
BULLISH
Supply chain resilience and government incentives driving domestic manufacturing renaissance
Beneficiaries
CATDEHONGE
At Risk
Pure-play China exporters
Timeframe: 24-48 months | Conviction: MEDIUM
Federal Reserve Policy Pivot
Citigroup 📅 2026-02-03
BULLISH
Disinflation trend allows for rate cuts in H2 2026, benefiting rate-sensitive sectors
Beneficiaries
Real EstateUtilitiesSmall Caps
At Risk
FinancialsDollar-sensitive exporters
Timeframe: 6-12 months | Conviction: MEDIUM
🌍 Market Allocation
Overall Market View
Equities Neutral to Cautiously Optimistic - Late cycle dynamics with selective opportunities
Bonds Overweight Duration - Peak rates creating attractive entry points
Cash 15-20% cash allocation for tactical opportunities
Regional Preferences
US Overweight - AI leadership and reshoring beneficiaries
Europe Underweight - Energy crisis and slow growth concerns
Emerging Markets Neutral - China stabilization offset by geopolitical risks
China Underweight - Regulatory overhang and property sector weakness
Japan Overweight - Corporate governance reforms and weak yen benefits
💡 Actionable Ideas 0 ideas
No actionable ideas