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: – Fox Advisors upgraded Uber (UBER) to Outperform from Equal-Weight with a $95 price target. The firm thinks a heavier rate of investment over the past year is “poised to more consistently contribute to profit growth.” – Raymond James upgraded Terex (TEX) to Strong Buy from Outperform with an unchanged price target of $85. The firm left the company’s Q1 report with greater conviction that its materials processing earnings are likely to accelerate through 2026. – Macquarie upgraded News Corp. (NWS, NWSA) to Outperform from Neutral with a price target of $29.40, up from $27.
Fiscal Q3 showed growth across revenue and EBITDA ahead of Visible Alpha consensus, notes the firm, which notes that News Corp. is executing on AI content license deals, reinforcing the proprietary nature of its data and providing earnings benefits. – Argus upgraded Fortive (FTV) to Buy from Hold with a $68 price target after its Q1 results. The firm noted it had been looking for more transparency on top-line growth as a potential upgrade trigger, and the company’s Q1 results indicated solid sequential growth. – BofA upgraded Pitney Bowes (PBI) to Neutral from Underperform with a price target of $16.50, up from $9.50, following better-than-expected Q1 results. Given its view that Pitney Bowes is “beginning to turn a corner” on stabilizing revenue declines, coupled with meaningful cost take-out since 2024 and robust share buybacks, the firm is more confident on operating earnings growth and capital return, but sees shares as discounting much of a potential turnaround with the stock up about 50% year-to-date.