AMD, Under Armour downgraded: Wall Street's top analyst calls

2 hours ago 4

The Fly

Wed, May 13, 2026 astatine 8:35 AM CDT 3 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:

Leerink upgraded Johnson & Johnson (JNJ) to Outperform from Market Perform with a terms people of $265, up from $252. The steadfast says the company's "strong caller cause momentum" volition thrust accelerating gross maturation and stock outperformance.
Argus upgraded Wendy's (WEN) to Buy from Hold with a $12 terms target. The steadfast cites reports that the institution is perchance being taken backstage by activistic capitalist Trian Fund Management and believes the takeover speech volition substance further upward momentum successful the banal price.
KeyBanc upgraded Zebra Technologies (ZBRA) to Overweight from Sector Weight with a $305 terms target. The steadfast views the company's Q1 results arsenic beardown and believes the constricted visibility into longer-term representation outgo trends whitethorn already beryllium priced into the shares.
Guggenheim upgraded MasTec (MTZ) to Buy from Neutral with a $480 terms people pursuing the company's expert meeting. At the event, the institution presented a multi-year outlook that the steadfast views arsenic "reasonable oregon possibly adjacent conservative."
BofA upgraded Akamai (AKAM) to Buy from Neutral with a terms people of $175, up from $130. Large unreality infrastructure wins, including a $1.8B, seven-year deal, awesome existent request for distributed AI, says the firm, which sees the company's communicative having shifted from "a bequest transportation web to a credible AI infrastructure platform."

Top 5 Downgrades:

Daiwa downgraded AMD (AMD) to Outperform from Buy with a terms people of $500, up from $250. The steadfast cites valuation for the downgrade with the shares up 150% implicit the past 60 days.
Stifel downgraded Under Armour (UAA) to Hold from Buy with a terms people of $6, down from $9. The steadfast points to a much challenging risk/reward illustration connected the banal related to higher than antecedently anticipated SG&A expense, inflection to a normalized nett indebtedness position, and persistent challenges to topline growth, the steadfast tells investors successful a probe note.
Mizuho downgraded ZoomInfo (GTM) to Underperform from Neutral with a terms people of $3, down from $10. The company's "disappointing" fiscal 2026 guidance revision implies its gross volition diminution 8.5% successful the 2nd fractional of the year, the steadfast tells investors successful a probe note.
Citi downgraded MercadoLibre (MELI) to Neutral from Buy with a terms people of $1,950, down from $2,200. The steadfast views the company's monetization way arsenic little wide pursuing the "weaker-than-expected" Q1 report.
Noble Capital downgraded Bitcoin Depot (BTM) to Market Perform from Outperform aft the institution issued preliminary fiscal Q1 results that reflected a crisp deterioration successful operating performance, driven by regulatory impacts and enhanced compliance controls.