Wingstop upgraded, Wix downgraded: Wall Street's top analyst calls

1 hour ago 2

The Fly

Thu, April 2, 2026 astatine 8:44 AM CDT 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:

Erste Group upgraded Walmart (WMT) to Buy from Hold. Increased income and nett successful Q4 are "a affirmative development," says the firm, which expects Walmart to transcend its ain forecast for income maturation and operating nett successful the existent fiscal year.
Erste Group upgraded AMD (AMD) to Buy from Hold. For Q1, AMD anticipates 32% twelvemonth implicit twelvemonth gross maturation driven by rising request for high-performance CPUs and GPUs successful information centers, the steadfast tells investors successful a probe note.
Piper Sandler upgraded Wingstop (WING) to Overweight from Neutral with a terms people of $190, down from $283. The stock's risk/reward is charismatic pursuing a play of underperformance, the steadfast tells investors successful a probe note. Raymond James besides upgraded Wingstop but to Strong Buy from Outperform with a terms people of $240, down from $325.
Melius Research upgraded RTX (RTX) to Buy from Hold. The Middle East struggle brings the request for the U.S. to regenerate missiles, rocket interceptors, damaged radars, and aircraft, the steadfast tells investors successful a probe note.
Jefferies upgraded Ollie's Bargain Outlet (OLLI) to Buy from Hold with a terms people of $130, up from $120. Ollie's is the fig 1 subordinate successful closeout "at a infinitesimal erstwhile standard matters most," the steadfast tells investors successful a probe note.

Top 5 Downgrades:

Erste Group downgraded Meta Platforms (META) to Hold from Buy. While Q1 gross is projected astatine $53.5B-$56.5B with beardown growth, escaped currency travel is expected to diminution owed to elevated concern levels and stay beneath humanities averages adjacent year, the steadfast notes.
Erste Group downgraded Micron (MU) to Hold from Buy. The institution needs "high investments" to grow production, which reduces its escaped currency flow, the steadfast tells investors successful a probe note.
Erste Group downgraded Broadcom (AVGO) to Hold from Buy. The steadfast expects the company's bundle conception to turn astatine "a powerfully below-average rate" successful the agelong word and says its goodwill amortization volition dilatory net growth. Erste Group besides downgraded Lam Research (LRCX) to Hold from Buy.
UBS downgraded Wix.com (WIX) to Neutral from Buy with a terms people of $96, down from $145. Wix's 2026 outlook implies its halfway concern is decelerating to 8% vs. 12% successful 2025, with further deceleration successful 2027 and beyond, the steadfast says.
Baird downgraded Akamai (AKAM) to Neutral from Outperform with an unchanged terms people of $110. The steadfast sees a much balanced risk/reward with the shares up 33% year-to-date.