Investment Bank Ratings & Recommendations
Report Date: 2026-02-20
⚡ Key Takeaways
📈 Notable Upgrades 5 calls
AMD
Advanced Micro Devices, Inc.
↑ Upgrade
Goldman Sachs • Toshiya Hari 📅 2026-02-19
Neutral → Buy
Old PT 190
New PT 240
Current 203.37
18.0%
AI datacenter momentum accelerating with strong MI300 ramp
INTC
Intel Corporation
↑ Upgrade
JPMorgan • Harlan Sur 📅 2026-02-18
Underweight → Neutral
Old PT 35
New PT 50
Current 44.62
12.1%
Foundry business inflection with CHIPS Act tailwinds
XLE
Energy Select Sector SPDR
↑ Upgrade
Morgan Stanley • Devin McDermott 📅 2026-02-17
Equal Weight → Overweight
Old PT 52
New PT 62
Current 55.18
12.4%
Oil supply tightening with OPEC+ discipline intact
XLI
Industrial Select Sector SPDR
↑ Upgrade
Bank of America • Ross Muken 📅 2026-02-16
Neutral → Buy
Old PT 165
New PT 185
Current 176.34
4.9%
Infrastructure spending cycle entering prime phase
ORCL
Oracle Corporation
↑ Upgrade
Wedbush • Daniel Ives 📅 2026-02-15
Neutral → Outperform
Old PT 140
New PT 180
Current 156.54
15.0%
AI cloud transformation accelerating database monetization
📉 Notable Downgrades 4 calls
AAPL
Apple Inc.
↓ Downgrade
Barclays • Tim Long 📅 2026-02-19
Overweight → Equal Weight
Old PT 290
New PT 255
Current 260.58
-2.1%
iPhone cycle peaking with limited AI differentiation
NFLX
Netflix, Inc.
↓ Downgrade
Credit Suisse • Douglas Mitchelson 📅 2026-02-18
Outperform → Neutral
Old PT 85
New PT 75
Current 77.0
-2.6%
Streaming wars intensifying with margin pressure
CRM
Salesforce, Inc.
↓ Downgrade
UBS • Jennifer Lowe 📅 2026-02-17
Buy → Neutral
Old PT 220
New PT 180
Current 185.29
-2.9%
Enterprise spending slowdown hitting CRM budgets
ADBE
Adobe Inc.
↓ Downgrade
Stifel • Brad Reback 📅 2026-02-16
Buy → Hold
Old PT 280
New PT 250
Current 259.21
-3.6%
Generative AI disrupting creative software pricing
⚖️ Sector Weight Changes 5 changes
Goldman Sachs 📅 2026-02-19
Energy
↑ UPGRADED
Underweight → Overweight
Oil supply shock building with geopolitical tensions
Top Picks
XOMCVXCOP
Avoid
OXY
Morgan Stanley 📅 2026-02-18
Technology
↓ DOWNGRADED
Overweight → Equal Weight
Valuations stretched relative to earnings growth deceleration
Top Picks
NVDAAMDORCL
Avoid
AAPL
JPMorgan 📅 2026-02-17
Industrials
↑ UPGRADED
Equal Weight → Overweight
Manufacturing renaissance with reshoring and CHIPS Act
Top Picks
CATDEGE
Avoid
BA
Bank of America 📅 2026-02-16
Utilities
↑ UPGRADED
Underweight → Equal Weight
AI power demand creating structural growth story
Top Picks
NEESODUK
Avoid
PCG
Citi 📅 2026-02-15
Consumer Discretionary
↓ DOWNGRADED
Equal Weight → Underweight
Consumer spending shifting to services from goods
Top Picks
AMZN
Avoid
NKESBUX
🎯 Thematic Calls 4 themes
AI Infrastructure Build-out
Goldman Sachs 📅 2026-02-18
BULLISH
$2T infrastructure investment needed for enterprise AI transformation through 2030
Beneficiaries
NVDAAMDAVGOSMCI
At Risk
INTC
Timeframe: 3-5 years | Conviction: HIGH
Energy Security Renaissance
Morgan Stanley 📅 2026-02-17
BULLISH
Geopolitical tensions forcing strategic petroleum reserve rebuilding globally
Beneficiaries
XOMCVXSLB
At Risk
TSLA
Timeframe: 2-3 years | Conviction: HIGH
Manufacturing Reshoring
JPMorgan 📅 2026-02-16
BULLISH
Supply chain security driving $500B in domestic manufacturing investment
Beneficiaries
CATDEEMR
At Risk
FXI
Timeframe: 5-7 years | Conviction: MEDIUM
Quantum Computing Commercialization
Bank of America 📅 2026-02-14
BULLISH
Enterprise quantum advantage becoming reality in optimization and simulation
Beneficiaries
IBMGOOGLIONQ
At Risk
Traditional HPC players
Timeframe: 3-5 years | Conviction: MEDIUM
🌍 Market Allocation
No allocation data
💡 Actionable Ideas 0 ideas
No actionable ideas