Netflix downgraded, SanDisk initiated: Wall Street's top analyst calls
Yahoo Finance ·
Netflix downgraded, SanDisk initiated: Wall Street's top analyst calls The Fly Tue, September 22, 2026 at 9:44 AM EDT 3 min read EAT GEHC NKE QNCX FITB 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: Northcoast upgraded Brinker (EAT) to Buy from Neutral with a $275 price target. The firm believes the company's Chili's unit is positioned for long-term growth under new management. Piper Sandler upgraded MetLife (MET) to Overweight from Neutral with a price target of $110, up from $99. The firm believes the market is not yet realizing MetLife's strategic execution over the last few years. KeyBanc upgraded Plexus (PLX) to Overweight from Sector Weight with a $300 price target following investor meetings. The firm believes Plexus' ongoing investments will drive EPS growth and free cash flow generation in coming years, and sees "solid growth prospects" across its end markets. Citizens upgraded Quince Therapeutics (QNCX) to Outperform from Market Perform with a $77 price target following the reverse merger with Orphai Therapeutics. The firm expects "de-risking" Phase 2b data in Q1 of 2028. Citi upgraded Fifth Third (FITB) to Buy from Neutral with a price target of $62, up from $59. The firm says higher interest rates support the bank's repricing schedule. HSBC downgraded Netflix (NFLX) to Hold from Buy with a price target of $76, down from $96. The firm believes Alphabet's (GOOG , GOOGL) YouTube is taking increasing viewer share from Netflix. Jefferies downgraded Valero (VLO) to Hold from Buy with a $401 price target. The firm believes the risk-reward balance now supports holding existing refining positions, but waiting for volatility to add to positions. Jefferies also downgraded Marathon Petroleum (MPC) to Hold from Buy with a $413 price target. Morgan Stanley downgraded Ericsson (ERIC) to Underweight from Equal Weight with a price target of $9, down from $11. The firm cites the company's declining North American revenues and margins falling from their peak for the downgrade. William Blair downgraded Endava (DAVA) to Underperform from Market Perform. The stock is trading lower on news of the company's CFO transition and accounting investigation, the firm tells investors in a research note. Northcoast downgraded ACV Auctions (ACVA) to Neutral from Buy after the company agreed to be acquired by Copart (CPRT) for $10.50 per share in cash. Rosenblatt initiated coverage of SanDisk (SNDK) with a Buy rating and $2,400 price target. New AI compute platforms are creating an opportunity to reposition NAND Flash from a commodity storage medium to a more system-critical component of AI infrastructure, and Sandisk's technology roadmap supports this opportunity, the firm says. StoneX initiated coverage of Nike (NKE) with a Hold rating and no price targets. Given softness in lifestyle, elevated promotions, excess inventory, and ongoing marketplace resets, the firm believe Nike's turnaround could be "lengthy." Needham initiated coverage of GE HealthCare (GEHC) with a Buy rating and $93 price target. Shares at current levels are "largely pricing in a Bear case," which creates an attractive risk/reward, the firm tells investors. Titan Partners initiated coverage of Quantum Computing (QUBT) with a Buy rating and $20 price target, which offers 125% upside. The firm says the company owns every layer of the quantum photonics stack, from chip fab to complete quantum systems. RBC Capital initiated coverage of Everest Group (EG) with an Outperform rating and $455 price target. Everest is progressing through a turnaround by exiting underperforming, volatile lines and streamlining underwriting, with some near-term bumps including elevated Q3 reserve-charge risk, but improving investment income, stabilizing results, and strong capital returns provide support at the current valuation, the firm tells investors in a research note.
DYAX Investor Sentiment
Bullish (Long) 50% · Bearish (Short) 50%
318 participants
Related News
- AMD Just Crossed $1 Trillion. Is it Still Worth Buying Now?
- Why investors should resist the rush into Meta’s Muse hype
- CoreWeave Vs. Nebius: One is Much More Exposed to The Looming Neocloud Threat
- Market Chatter: Big Software Firms Offer AI Discounts in Bid to Counter Anthropic, OpenAI
- MercadoLibre's Advertising Business Keeps Gaining Momentum
- Meta Stock Scores Price Target Hike. Analyst Says Muse 'Flips The Narrative' On AI Concerns.
