CoreWeave initiated, Shopify downgraded: Wall Street's top analyst calls

2 weeks ago 10

The Fly

Tue, January 6, 2026 astatine 8:38 AM CST 4 min read

The astir talked astir and marketplace moving probe calls astir Wall Street are present successful 1 place. Here are today's probe calls that investors request to know, arsenic compiled by The Fly.

Top 5 Upgrades:

William Blair upgraded Medtronic (MDT) to Outperform from Market Perform without a terms people arsenic portion of its 2026 outlook for the aesculapian exertion group. The institution has respective caller and ramping launches this year, the steadfast tells investors successful a probe note.
Stephens upgraded Saia (SAIA) to Overweight from Equal Weight with a terms people of $414, up from $308, citing the content that the bulk of the caller terminal sound is present done and numbers are successful "an achievable spot."
BofA upgraded Allegiant Travel (ALGT) to Neutral from Underperform with a terms people of $95, up from $55. The steadfast views imaginable economical stimulus arsenic adjuvant for low-cost carriers and notes Allegiant is keeping capableness maturation level successful 2026, which tin assistance thrust higher prices, portion caller 737 MAX craft tin assistance support portion costs nether control.
Raymond James upgraded Stryker (SYK) to Outperform from Market Perform with a $418 terms target. Stryker's existent valuation represents an charismatic introduction point, the steadfast contends.
UBS upgraded Brinker (EAT) to Buy from Neutral with a terms people of $175, up from $144. The steadfast says the company's "leading" same-store income momentum volition continue.

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Top 5 Downgrades:

Wolfe Research downgraded Shopify (SHOP) to Peer Perform from Outperform and removed the firm's anterior $185 terms target. The steadfast sees arsenic elevated expectations that permission humble country for upside, and says valuation "looks full" aft a re-rating implicit the past 2 years.
Freedom Capital downgraded Chevron (CVX) and Exxon Mobil (XOM) to Sell from Hold with terms targets of $165 and $123, respectively. The "euphoria" successful the U.S. lipid and state assemblage triggered by the U.S. cognition successful Venezuela is "unjustified," contends the firm, which calls rising lipid and state equities amid declining lipid prices "a unsafe crippled for investors." Freedom besides downgraded Halliburton (HALO) and Phillips 66 (PSX) to Sell from Hold, and SLB (SLB) to Hold from Buy.
UBS downgraded Lennar (LEN) to Neutral from Buy with a terms people of $122, down from $137. The way backmost to 20%-plus gross margins could beryllium delayed successful the lack of a stronger than forecast manufacture betterment implicit the firm's forecast period, the steadfast tells investors successful a probe note.
Wells Fargo downgraded D.R. Horton (DHI) to Equal Weight from Overweight with a terms people of $155, down from $180, pursuing the firm's December web scrape.
Baird downgraded Wells Fargo (WFC) to Underperform from Neutral with an unchanged terms people of $90. The steadfast sees constricted upside to slope stocks successful 2026.