Investment Bank Ratings & Recommendations
Report Date: 2026-02-23
⚡ Key Takeaways
📈 Notable Upgrades 5 calls
GOOGL
Alphabet Inc.
↑ Upgrade
Goldman Sachs • Eric Sheridan 📅 2026-02-22
Neutral → Buy
Old PT 320.00
New PT 375.00
Current 314.98
19.1%
Cloud acceleration and AI monetization inflection point
AMZN
Amazon.com, Inc.
↑ Upgrade
Morgan Stanley • Brian Nowak 📅 2026-02-21
Equal Weight → Overweight
Old PT 220.00
New PT 265.00
Current 210.11
26.1%
AWS reacceleration and retail margin expansion
META
Meta Platforms, Inc.
↑ Upgrade
JPMorgan • Doug Anmuth 📅 2026-02-20
Neutral → Overweight
Old PT 680.00
New PT 750.00
Current 655.66
14.4%
Reality Labs turning corner with Quest Pro Max launch
XLF
Financial Select Sector SPDR
↑ Upgrade
Bank of America • Ebrahim Poonawala 📅 2026-02-19
Neutral → Buy
Old PT 54.00
New PT 62.00
Current 52.49
18.1%
Net interest margin expansion and credit normalization
NFLX
Netflix, Inc.
↑ Upgrade
Wedbush • Michael Pachter 📅 2026-02-18
Neutral → Outperform
Old PT 85.00
New PT 95.00
Current 78.67
20.8%
Password sharing crackdown driving subscriber acceleration
📉 Notable Downgrades 4 calls
ORCL
Oracle Corporation
↓ Downgrade
UBS • Karl Keirstead 📅 2026-02-22
Buy → Neutral
Old PT 180.00
New PT 155.00
Current 148.08
-4.7%
Cloud growth deceleration and competitive pressure
AMD
Advanced Micro Devices, Inc.
↓ Downgrade
Bernstein • Stacy Rasgon 📅 2026-02-21
Outperform → Market Perform
Old PT 240.00
New PT 195.00
Current 200.15
-2.6%
AI chip competition intensifying, PC market weakness
INTC
Intel Corporation
↓ Downgrade
Mizuho • Vijay Rakesh 📅 2026-02-20
Buy → Neutral
Old PT 52.00
New PT 46.00
Current 44.11
-4.3%
Foundry strategy execution risks and margin pressure
XLV
Health Care Select Sector SPDR
↓ Downgrade
Credit Suisse • Trung Huynh 📅 2026-02-19
Overweight → Neutral
Old PT 165.00
New PT 152.00
Current 156.82
-3.1%
Drug pricing pressure and biotech valuation concerns
⚖️ Sector Weight Changes 4 changes
Goldman Sachs 📅 2026-02-21
Technology
↑ UPGRADED
Neutral → Overweight
AI infrastructure spending cycle entering next phase
Top Picks
NVDAGOOGLMSFT
Avoid
INTC
JPMorgan 📅 2026-02-20
Financials
↑ UPGRADED
Underweight → Overweight
Yield curve steepening and credit cycle normalization
Top Picks
JPMBACWFC
Avoid
Regional banks
Morgan Stanley 📅 2026-02-19
Energy
↓ DOWNGRADED
Overweight → Neutral
Oil price volatility and renewable energy transition
Top Picks
XOMCVX
Avoid
Small E&P names
Bank of America 📅 2026-02-18
Healthcare
↓ DOWNGRADED
Overweight → Neutral
Policy headwinds and valuation concerns in biotech
Top Picks
JNJPFE
Avoid
Biotech ETFs
🎯 Thematic Calls 4 themes
AI Infrastructure 2.0
Goldman Sachs 📅 2026-02-22
BULLISH
Second wave of AI investments focusing on inference and edge computing
Beneficiaries
NVDAAMDMRVL
At Risk
Legacy hardware vendors
Timeframe: 12-18 months | Conviction: HIGH
Energy Storage Revolution
Morgan Stanley 📅 2026-02-21
BULLISH
Grid-scale storage becoming economically viable at scale
Beneficiaries
TSLAENPHSEDG
At Risk
Traditional utilities
Timeframe: 2-3 years | Conviction: HIGH
Quantum Computing Commercialization
JPMorgan 📅 2026-02-20
BULLISH
Enterprise quantum applications moving from R&D to production
Beneficiaries
IBMGOOGLMSFT
At Risk
Classical HPC vendors
Timeframe: 3-5 years | Conviction: MEDIUM
Reshoring Manufacturing
Bank of America 📅 2026-02-19
BULLISH
CHIPS Act and supply chain security driving domestic production
Beneficiaries
INTCTSMIndustrial REITs
At Risk
China-dependent manufacturers
Timeframe: 18-24 months | Conviction: MEDIUM
🌍 Market Allocation
Overall Market View
Equities Moderately bullish - Selective stock picking environment
Bonds Neutral - Yield curve normalization continues
Cash Maintain 5-10% cash for opportunities
Regional Preferences
US Overweight - AI and tech leadership
Europe Underweight - Structural headwinds persist
Emerging Markets Neutral - China recovery offsetting other risks
China Overweight - Reopening momentum accelerating
Japan Neutral - Corporate governance improvements
Style Preferences
Growth Vs Value Growth favored in tech, Value in financials
Large Vs Small Large cap preferred - Execution capability premium
Cyclical Vs Defensive Cyclical bias - Economic resilience evident
💡 Actionable Ideas 0 ideas
No actionable ideas