Qualcomm downgraded, Rivian upgraded: Wall Street's top analyst calls

2 hours ago 1

The Fly

Tue, March 10, 2026 astatine 8:34 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 Upgrades:

TD Cowen upgraded Rivian (RIVN) to Buy from Hold with a terms people of $20, up from $17, pursuing a elaborate R2 request analysis. The steadfast sees afloat standard R2 request astatine 212,000-335,000 units, suggesting upside-to-consensus forecasts for 2027, the steadfast tells investors.
Morgan Stanley upgraded CrowdStrike (CRWV) to Overweight from Equal Weight with a terms people of $510, up from $487. The steadfast believes CrowdStrike is champion positioned successful information to outperform successful coming years, saying the level is "most capable to summation share."
Deutsche Bank upgraded Teladoc (TDOC) to Buy from Hold with an $11 terms target. The steadfast views the stock's valuator arsenic "compelling" astatine existent stock levels.
BofA upgraded Hims & Hers (HIMS) to Neutral from Underperform with a terms people of $23, up from $12.50. As portion of the statement with Novo Nordisk (NVO), the Wegovy shaper has dropped its lawsuit, which the steadfast calls "a wide positive" arsenic it removes litigation and related recognition risk. Citi besides upgraded Hims & Hers to Neutral from Sell with a terms people of $24, up from $13.25.
Rothschild & Co Redburn upgraded Intuit (INTU) to Buy from Neutral with a terms people of $700, up from $670, indicating 46% upside from existent levels. The company's halfway QuickBooks and TurboTax applications are immoderate of the "most resilient to AI disruption risk" successful the endeavor bundle sector, the steadfast tells investors successful a probe note.

Top Downgrades:

BofA reinstated Qualcomm (QCOM) astatine Underperform, down from Neutral, with a $145 terms people pursuing a transportation successful expert coverage. Qualcomm is simply a person successful smartphone processors, but it's a mature manufacture with downside risks from rising representation prices, notes the firm, which cites the "well-known imminent" $7B-$8B nonaccomplishment of Apple (AAPL) concern and Qualcomm's "lukewarm" income and EPS compound yearly maturation rates from calendar twelvemonth 2025-28 for the Underperform rating.
Northland downgraded Talkspace (TALK) to Market Perform from Outperform with a terms people of $5.25, down from $7, aft the institution announced it volition beryllium acquired by Universal Health Services (UHS) for $5.25 per share. KeyBanc besides downgraded Talkspace to Sector Weight from Overweight.
H.C. Wainwright downgraded Day One Biopharmaceuticals (DAWN) to Neutral from Buy with a terms people of $21.50, down from $22, aft the institution announced an statement nether which Servier volition get it for $21.50 per stock successful cash.
TD Cowen downgraded Novo Nordisk (NVO) to Hold from Buy with a terms people of $42, down from $45. Questions stay astir the Wegovy pill, CagriSema trials person "failed oregon underwhelmed," and Ozempic prescriptions support lagging, the steadfast tells investors successful a probe note.