Investment Bank Ratings & Recommendations
Report Date: 2026-02-24
⚡ Key Takeaways
📈 Notable Upgrades 5 calls
INTC
Intel Corporation
↑ Upgrade
Goldman Sachs • Toshiya Hari 📅 2026-02-22
Neutral → Buy
Old PT $38.00
New PT $52.00
Current $43.63
19.2%
Foundry business inflection with major customer wins, AI chip momentum accelerating
XLV
Healthcare Sector
↑ Upgrade
JPMorgan • Michael Weinstein 📅 2026-02-21
Neutral → Overweight
Old PT $155.00
New PT $168.00
Current $158.54
5.9%
Defensive characteristics attractive in volatile market, pipeline visibility improving
XLE
Energy Sector
↑ Upgrade
Bank of America • Doug Leggate 📅 2026-02-23
Neutral → Buy
Old PT $52.00
New PT $62.00
Current $55.15
12.4%
Supply constraints persist, capital discipline driving returns
AAPL
Apple Inc.
↑ Upgrade
Morgan Stanley • Erik Woodring 📅 2026-02-20
Equal Weight → Overweight
Old PT $250.00
New PT $295.00
Current $266.18
10.8%
Vision Pro 2.0 pre-orders exceeding expectations, Services margin expansion
XLP
Consumer Staples
↑ Upgrade
Citigroup • Wendy Nicholson 📅 2026-02-19
Neutral → Buy
Old PT $85.00
New PT $93.00
Current $88.97
4.5%
Margin pressure peaking, volume recovery emerging in key categories
📉 Notable Downgrades 5 calls
ORCL
Oracle Corporation
↓ Downgrade
UBS • Karl Keirstead 📅 2026-02-24
Buy → Neutral
Old PT $160.00
New PT $135.00
Current $141.31
-4.5%
Cloud growth deceleration more persistent than expected, competition intensifying
ADBE
Adobe Inc.
↓ Downgrade
Wells Fargo • Michael Turrin 📅 2026-02-23
Overweight → Equal Weight
Old PT $280.00
New PT $255.00
Current $246.68
3.4%
AI disruption risk to core Creative suite higher than anticipated
CRM
Salesforce Inc.
↓ Downgrade
Jefferies • Samad Samana 📅 2026-02-22
Buy → Hold
Old PT $220.00
New PT $185.00
Current $178.16
3.8%
Enterprise spending cuts deeper than expected, deal velocity slowing
NFLX
Netflix Inc.
↓ Downgrade
Barclays • Kannan Venkateshwar 📅 2026-02-21
Overweight → Equal Weight
Old PT $95.00
New PT $78.00
Current $76.02
2.6%
Subscriber growth headwinds in mature markets, content cost inflation
XLF
Financial Sector
↓ Downgrade
Deutsche Bank • Matt O'Connor 📅 2026-02-20
Buy → Hold
Old PT $58.00
New PT $50.00
Current $50.73
-1.4%
Credit cycle turning, NII pressure from rate cuts ahead
⚖️ Sector Weight Changes 4 changes
Goldman Sachs 📅 2026-02-21
Healthcare
↑ UPGRADED
Neutral → Overweight
Defensive qualities attractive in uncertain macro environment, pipeline catalysts accelerating
Top Picks
JNJPFEUNH
Avoid
MRNA
JPMorgan 📅 2026-02-23
Technology
↓ DOWNGRADED
Overweight → Neutral
Valuation stretched after recent rally, earnings growth expectations too optimistic
Top Picks
NVDAMSFT
Avoid
ADBE
Bank of America 📅 2026-02-20
Financials
↓ DOWNGRADED
Overweight → Underweight
Credit cycle inflection point, net interest margin compression ahead
Top Picks
JPM
Avoid
Regional Banks
Morgan Stanley 📅 2026-02-22
Energy
↑ UPGRADED
Underweight → Neutral
Supply-demand fundamentals improving, capital discipline sustaining
Top Picks
XOMCVXCOP
Avoid
Renewables
🎯 Thematic Calls 4 themes
AI Infrastructure Build-out
Goldman Sachs 📅 2026-02-18
BULLISH
Enterprise AI adoption accelerating beyond hyperscalers, infrastructure spend to triple over 24 months
Beneficiaries
NVDAAMDAVGO
At Risk
Legacy hardware vendors
Timeframe: 18-24 months | Conviction: HIGH
US Manufacturing Renaissance
Morgan Stanley 📅 2026-02-15
BULLISH
Reshoring accelerating with government incentives, automation reducing labor cost gap
Beneficiaries
CATDEIR
At Risk
Import-dependent retailers
Timeframe: 3-5 years | Conviction: MEDIUM
Quantum Computing Commercialization
JPMorgan 📅 2026-02-10
BULLISH
Recent breakthroughs in error correction bringing commercial applications forward
Beneficiaries
IBMGOOGLIONQ
At Risk
Classical computing incumbents
Timeframe: 5-7 years | Conviction: LOW
Green Energy Storage
UBS 📅 2026-02-12
BULLISH
Grid storage demand inflection point as renewable penetration hits critical mass
Beneficiaries
TSLAENPHBattery metals
At Risk
Traditional utilities
Timeframe: 2-3 years | Conviction: HIGH
🌍 Market Allocation
No allocation data
💡 Actionable Ideas 0 ideas
No actionable ideas