Seagate upgraded, Tractor Supply downgraded: Wall Street's top analyst calls

1 day ago 3

The Fly

Fri, January 16, 2026 astatine 8:32 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:

Susquehanna upgraded Seagate (STX) to Neutral from Negative with a terms people of $280, up from $150. The steadfast expects the hard disk thrust industry's surging request to continue, creating beardown maturation trends for Seagate successful the coming years.
BNP Paribas upgraded Monster Beverage (MNST) to Neutral from Underperform with a terms people of $77, up from $57. The firm's anterior carnivore thesis was predicated mostly connected U.S. marketplace stock erosion and valuation and portion "these points are not without merit," they person been flooded by beardown manufacture maturation and favorable request elasticity to pricing, the steadfast tells investors.
BNP Paribas upgraded PepsiCo (PEP) to Outperform from Neutral with a $179 terms target. The firm, which raised its FY27 EPS estimation by astir 5%, sees activistic engagement astatine Pepsi driving a proverbial "win-win" set-up, the steadfast tells investors.
Goldman Sachs upgraded BioNTech (BNTX) to Buy from Neutral with a terms people of $142, up from $115. With a broad, strategical suite of programs, the steadfast views BioNTech arsenic "being astatine the nexus of important developments occurring successful the oncology field" and uniquely positioned to make novel-novel operation approaches to alteration crab care.
JPMorgan upgraded AutoNation (AN) to Overweight from Neutral with an unchanged terms people of $235. The company's net revision trajectory "remains the astir visible" successful the car trader group, the steadfast tells investors successful a probe note.

Top 5 Downgrades:

Truist downgraded Tractor Supply (TSCO) to Hold from Buy with a terms people of $55, down from $67. The steadfast thinks 2026 could beryllium different below-algorithm net maturation for the company.
Morgan Stanley downgraded Kraft Heinz (KHC) to Underweight from Equal Weight with a terms people of $24, down from $27. The steadfast believes Kraft Heinz "faces peculiarly acute risk" fixed its outsized backstage statement penetration.
JPMorgan downgraded 3M (MMM) to Neutral from Overweight with an unchanged terms people of $182. The steadfast is much cautious connected 3M, saying its gross maturation could disappoint.
JPMorgan downgraded Fortive (FTV) to Underweight from Neutral with a terms people of $57, up from $55. The steadfast cites Fortive's "lack of pickup" successful integrated maturation and hazard of disruption successful bundle for the downgrade.
Barclays downgraded HP Inc. (HPQ) to Underweight from Equal Weight with a terms people of $18, down from $24. While the shares are "inexpensive," secular challenges crossed some computers and printing, combined with a deficiency of catalysts, volition support HP pressured successful 2026, the steadfast tells investors successful a probe note.