The most talked about and market moving research calls around Wall Street are now in one place.
Here are today’s research calls that investors need to know, as compiled by The Fly
Top 5 Upgrades: – Truist upgraded Datadog (DDOG) to Buy from Hold with a price target of $300, up from $190. The firm’s recent fieldwork revealed “key incremental positives,” and it believes urgency of AI adoption in the enterprise is significantly outweighing the urgency to optimize AI and customers remain early in their agentic journeys. – KeyBanc upgraded Rocket Lab (RKLB) to Overweight from Sector Weight with a $135 price target. Following the SpaceX (SPCX) initial public offering related selloff, the firm sees “compelling opportunities across the rapidly growing space sector.” KeyBanc also upgraded FireFly (FLY) to Overweight from Sector Weight. – Citi upgraded Paychex (PAYX) to Buy from Neutral with a price target of $140, up from $99.
The company’s organic revenue growth will accelerate in fiscal 2027 for the first time in four years, the firm tells investors in a research note. – Jefferies upgraded HawkEye 360 (HAWK) to Buy from Hold with an unchanged price target of $34. The firm cites valuation for the upgrade with the shares down 25% since June 1. – Morgan Stanley upgraded Ferrari (RACE) to Overweight from Equal Weight with a price target of $438, up from $388. The pullback in the shares overstates the company’s brand risk, the firm tells investors in a research note.