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: – B. Riley upgraded Zscaler (ZS) to Buy from Neutral with a price target of $225, down from $275. The firm believes demand for secure network access is “healthy.” – Morgan Stanley upgraded Lam Research (LRCX) to Overweight from Equal Weight with a price target of $331, up from $293.
The magnitude of Morgan Stanley’s DRAM wafer fab equipment revisions have narrowed, and the firm is now more positive on NAND wafter fab equipment revisions from here. – Piper Sandler upgraded Deckers Outdoor (DECK) to Neutral from Underweight with a price target of $100, up from $95. After lagging the market, Deckers shares are “not expensive,” the firm tells investors in a research note, adding that it sees a more balanced risk/reward at current share levels. – Wells Fargo upgraded Viking Holdings (VIK) to Overweight from Equal Weight with a price target of $109, up from $79. The company’s core business fundamentals continue to accelerate despite the Middle East conflict, the firm tells investors in a research note. – H.C.