Cigna downgraded, Humana upgraded: Wall Street's top analyst calls

8 hours ago 1

The Fly

Wed, May 20, 2026 astatine 8:43 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:

Deutsche Bank upgraded Humana (HUM) to Buy from Hold with a terms people of $441, up from $235. 2026 should beryllium the net bottommost for Humana and a rebasing twelvemonth depending connected stars results successful October, the steadfast tells investors successful a probe note. Deutsche besides upgraded Centene (CNC) and Elevance Health (ELV) to Buy.
Arete upgraded Etsy (ETSY) to Buy from Neutral with a $76 terms target. The company's gross merchandise income maturation rates are "finally" showing signs of improvement, the steadfast tells investors successful a probe note.
Maxim upgraded Gilead (GILD) to Buy from Hold with a $165 terms target. The company's maturation successful the basal concern is expected to scope 5%-6%, exceeding the anterior anticipation of 4%-5%, and factoring successful the maturation imaginable of Yeztugo successful PREP, Trodelvy successful first-line bosom cancer, arsenic good arsenic continued dominance successful HIV treatment, Maxim believes that a premium to peers is justified.
Oppenheimer upgraded Rubrik (RBRK) to Outperform from Perform with an $85 terms target, citing beardown checks from value-added resellers. The steadfast believes Rubrik is benefiting from a crisp betterment successful backup and recovery/cyber-resilience assemblage demand.
Jefferies upgraded C.H. Robinson (CHRW) to Buy from Hold with a terms people of $200, up from $195. A sojourn to the company's office "materially reinforced" the firm's condemnation successful C.H. Robinson's exertion and productivity transformation.

Top 5 Downgrades:

Deutsche Bank downgraded Cigna (CI) to Hold from Buy with a terms people of $302, down from $303. The institution faces "multi-year uncertainty" arsenic it transitions a portion of its security portfolio and pharmacy payment manager model, the steadfast tells investors successful a probe note.
Morgan Stanley downgraded Newell Brands (NWL) to Underweight from Equal Weight with a terms people of $3.50, down from $4. The steadfast is supra statement successful Q2, but expects downside to statement successful the backmost fractional of 2026 and FY27 fixed outgo unit perchance supra absorption guidance arsenic good arsenic greater hazard from request unit with weaker user sentiment station the Iran conflict.
Wells Fargo downgraded Phreesia (PHR) to Equal Weight from Overweight with a terms people of $9, down from $15. The steadfast says its transmission checks and Phreesia's contention bespeak hazard to statement estimates.
Wolfe Research downgraded Crown Castle (CCI) to Peer Perform from Outperform. The nonaccomplishment of Dish rent has reduced Crown Castle's maturation profile, the steadfast tells investors successful a probe note.
Seaport Research downgraded Dominion (D) to Neutral from Buy pursuing the announcement of NextEra Energy's (NEE) all-stock acquisition. Dominion trades supra the firm's erstwhile $67 terms target, notes the firm, which is "bracing for a lengthy and challenging regulatory support process."