Disney upgraded, Nike downgraded: Wall Street's top analyst calls

2 hours ago 1

The Fly

Wed, April 1, 2026 astatine 8:46 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:

Raymond James upgraded Disney (DIS) to Outperform from Market Perform with a $115 terms target. The existent macro backdrop and Disney's planetary visitation headwinds supply an accidental to put astatine a "very charismatic valuation," the steadfast tells investors successful a probe note.
DA Davidson upgraded Rivian (RIVN) to Neutral from Underperform with an unchanged terms people of $14. The steadfast cites valuation for the upgrade pursuing the stock's caller selloff.
Wolfe Research upgraded Edwards Lifesciences (EW) to Outperform from Peer Perform with a $92 terms target. Checks suggest Medtronic's (MDT) semipermanent Evolut TAVR information "flop" successful February sets Edwards up for worldly stock gain, the steadfast tells investors.
Raymond James upgraded UnitedHealth (UNH) to Outperform from Market Perform with a $330 terms target. The steadfast believes the company's disbursal upside is greater than the Street expects pursuing caller absorption comments
HSBC upgraded Wells Fargo (WFC) to Buy from Hold with a terms people of $94, down from $104. The steadfast says markets person "quickly repriced" higher downside macro hazard and renewed recognition concerns into the U.S. slope stocks. HSBC besides upgraded Bank of America (BAC) to Buy from Hold.

Top 5 Downgrades:

Goldman Sachs downgraded Nike (NKE) to Neutral from Buy with a terms people of $52, down from $76. The steadfast near the company's fiscal Q3 study "incrementally cautious" connected the timeline of its recovery. JPMorgan and BofA besides downgraded the shares to Neutral-equivalent ratings.
Raymond James downgraded Apellis (APLS) to Market Perform from Outperform without a terms people aft the institution entered into an statement to beryllium acquired by Biogen (BIIB) for $41.00 per stock successful currency astatine closing, oregon $5.6B. JPMorgan, Cantor Fitzgerald, Citi and Stifel besides downgraded Apellis to Neutral-equivalent ratings.
Citi downgraded PPG (PPG) to Neutral from Buy with a terms people of $113, down from $132. The steadfast cites net headwinds and request uncertainty for the downgrade of PPG.
JPMorgan downgraded First Citizens (FCNCA) to Neutral from Overweight with a terms people of $2,200, down from $2,450. The steadfast says a deficiency of involvement complaint cuts this twelvemonth is the "exact opposite" to what First Citizens' SVB franchise needs to amusement beardown indebtedness and deposit growth.
Leerink downgraded Centessa (CNTA) to Market Perform from Outperform with a $40 terms people aft Eli Lilly (LLY) announced an statement to get the institution for $38 per stock successful currency positive a non-transferable contingent worth close worthy up to $9 per share.