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: – BMO Capital upgraded First Solar (FSLR) to Outperform from Market Perform with a price target of $263, up from $237. The 16% post-Section 232 selloff has “overshot to the downside,” says the firm, which contends that the tariff/MIP framework should lift U.S. module average selling prices toward 43c-44c per watt. – BofA upgraded Okta (OKTA) to Neutral from Underperform with a price target of $170, up from $75. Q2 results were “solid across the board and especially where it counts,” the firm tells investors. – Baird upgraded Synopsys (SNPS) to Outperform from Neutral with a price target of $560, up from $558.
The company can return to double-digit organic revenue growth and upside to revenue estimates in fiscal 2027, the firm tells investors in a research note. – Northland upgraded Semtech (SMTC) to Outperform from Market Perform with an $182 price target. Connectivity is currently the AI bottleneck in terms of power and performance, benefiting Semtech as it gains market share in both copper and optical connectivity, the firm tells investors. – BofA upgraded Everpure (P) to Buy from Neutral with a price target of $150, up from $90. As the business becomes more meaningful for internal hyperscaler use, revenues will continue to grow, says the firm, which expects estimate revisions to continue to be positive.