SpaceX initiated, Salesforce upgraded: Wall Street's top analyst calls

• Monness Crespi upgraded Salesforce (CRM) to Buy from Neutral with a $200 terms target. The steadfast present believes the stock's valuation is "compelling" and upgraded shares fixed Salesforce's depressed valuation, advancement successful supporting customers transforming into agentic enterprises, "attractive" borderline profile, "strong" currency travel generation, and "generous" banal repurchase program.

• Barclays upgraded Enphase Energy (ENPH) to Equal Weight from Underweight with a terms people of $51, up from $30. The steadfast cites the company's "emerging" solid-state transformer information halfway accidental for the upgrade.

• DA Davidson upgraded Nice (NICE) to Buy from Neutral with an unchanged $110 terms people aft the firm's conversations with customers astatine the company's yearly idiosyncratic lawsuit past week. The treatment suggested investors' cognition of AI disruption is overmuch much cynical than the world occurring wrong interaction centers, the steadfast tells investors successful a probe note.

• Rothschild & Co Redburn upgraded Verisk Analytics (VRSK) to Neutral from Sell with an unchanged terms people of $185. With the AccuLynx acquisition terminated and Verisk 's "most cyclically challenging quarters worked done with humble disruption," the shares are "derisked," the steadfast tells investors successful a probe note.

• Barclays upgraded uniQure (QURE) to Overweight from Equal Weight with a terms people of $65, up from $25, calling the update astir plans to record a BLA successful Q3 for Huntington's a "major positive."

Top 5 Downgrades:

• Stifel downgraded Intuit (INTU) to Hold from Buy with a terms people of $275, down from $375. The steadfast believes that the absorption volition little its near-medium word maturation targets for some TurboTax and GBS with Q4 results oregon September Analyst Day commentary.

• Scotiabank downgraded Prologis (PLD) to Sector Perform from Outperform with a terms people of $146, down from $154. The steadfast views Prologis' valuation premium to the U.S. REIT assemblage arsenic "difficult to justify" fixed its smaller funds from operations maturation profile.

• Rothschild & Co Redburn downgraded FactSet (FDS) to Sell from Neutral with a terms people of $215, down from $291. The steadfast says that arsenic the terminal's "dominance erodes" owed to progressively unbundled information consumption, FactSet's pricing powerfulness is astatine risk.

• H.C. Wainwright downgraded Traws Pharma (TRAW) to Neutral from Buy with a terms people of $1, down from $8, aft the institution said its planned trial of tivoxavir marboxil successful a Phase 2a quality influenza situation survey has been deferred owed to a antagonistic reappraisal of the programme by the United Kingdom's Medicines and Healthcare Products Regulatory Agency.

• Morgan Stanley downgraded Curbline Properties (CURB) to Equal Weight from Overweight with a $30 terms target. The firm's anterior Curbline thesis has played retired and it thinks the statement is shifting from differentiation to quality to prolong accretive acquisition-led maturation without headdress complaint compression.