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Pre-Market Stock Futures:
Futures are trading lower after a record-breaking week on Wall Street, during which two major indices once again hit all-time highs. Despite a gloomy jobs report for July, traders were buoyed by the hope that a September rate hike is not a done deal yet. The inflation data on Wednesday and Thursday this week will likely decide that, as the jobs data could have been a one-off, and the Federal Reserve will get the August jobs and inflation reports before they meet in September. Both the Dow Jones Industrial Average and the S&P 500 set new all-time highs last week, with the DJIA closing at 54,036, up 0.28%, and the S&P 500 finishing the session at 7,757, up 0.53%. The Nasdaq was the big winner, closing the day at 26,690, up 1.30%, and once again, the small-cap Russell 2000, which is up over 20% this year, continued to extend its lead, closing at 3,035, up 1.12%.
Treasury Bonds:
Yields were down across the Treasury curve as weak jobs data spurred buying, though the rate-hike narrative took a hit, albeit perhaps temporarily. The buying was strongest in the 1-to 5-year maturities, while the long and short ends were less active. When the final trade was posted, the 30-year long bond finished at 5.19%, while the 10-year note was last seen at 4.64%.
Oil and Gas:
Prices were lower across the energy complex on Friday as reports indicated that Iran and Oman were nearing a temporary deal to reopen the Strait of Hormuz, aiming to provide safe lanes through the critical passageway for cargo. When the final bell sounded, Brent Crude finished the session down 0.56% at $82.03, while West Texas Intermediate ended the day at $76.96, down 0.43%. Natural gas had a winning day to close out a rough week, closing up 1.06% at $2.67.
Gold:
Gold and Silver had a strong day to finish the week, as the weak payroll data, as we mentioned, dampened the rate hike narrative, and the drop in yields and oil prices helped the non-dividend-paying precious metals. By the close, Gold closed up 2.37% at $4,339, while Silver was last seen at $63.60, up 3.18%.
Crypto:
Cryptocurrencies advanced on Friday, as Bitcoin climbed above $65,000 (gaining more than 1%) and Ethereum rose past $1,920. The modest gains were supported by a weaker-than-expected U.S. jobs report for July, which outweighed the negative reaction to the Senate’s decision to delay a vote on the crypto Clarity Act until September. At 8 AM EDT, Bitcoin was trading at $64,999, while Ethereum was trading at $1,919.
24/7 Wall St. reviews dozens of analyst research reports every day to identify fresh investment ideas for investors and traders alike. These daily analyst notes include recommendations on stocks to buy, sell, or avoid, as well as new coverage initiations. Important reminder: No single analyst report should ever be the sole basis for buying or selling a stock.
Here are some of the top Wall Street analyst upgrades, downgrades, and initiations seen on Monday, August 10, 2026.
Upgrades:
- Dicks Sporting Goods (NYSE: DKS | DKS Price Prediction) was upgraded to Overweight from Equal Weight at Wells Fargo, which bumped the target price for the stock to $240 from $220.
- Firstcash Holdings (NASDAQ: FCFS) was raised to Buy from Hold at Loop Capital, which raised the price target to $255 from $220.
- NetApp (NASDAQ: NTAP) was upgraded to Equal Weight from Underweight at Morgan Stanley, which raised the target price for the shares to $173 from $137.
- SanDisk Corporation (NASDAQ: SNDK) was upgraded to Buy from Hold at Argus, without a price target.
- Sezzle (NASDAQ: SEZL) was raised to Buy from Hold at TD Cowen, with a $165 target price.
Downgrades:
- Akamai Technologies (NASDAQ: AKAM) was downgraded to Hold from Buy at HSBC, which lowered the price target for the stock to $123 from $171.
- Apple (NASDAQ: AAPL) was downgraded to Underperform from Hold at Jefferies, which trimmed the target price for the legacy tech giant to $263.66 from $285.56.
- Domino’s Pizza (NYSE: DPZ) was downgraded to Hold from Buy at Loop Capital, which slashed the target price for the stock to $353 from $522.
- Doximity (NYSE: DOCS) was cut to Underweight from Equal Weight at Wells Fargo, with an unchanged $19 target price.
- Trade Desk (NASDAQ: TTD) was downgraded to Reduce from Hold at HSBC, with a $10 target.
Initiations:
- BankUnited (NYSE: BKU) was assumed with an Overweight rating by Wells Fargo, which trimmed the target price to $54 from $55.
- Kestra Medical Technologies (NASDAQ: KMTS) was initiated with an Overweight rating at JPMorgan, with a $30 target price.
- Standard Nuclear (NYSE: STDN) was started with a Buy rating at UBS, with a $14 target. RBC Capital initiated coverage with an Outperform rating and an $11 target, while Stifel began coverage with a Buy rating and an $16 target. The stock was a recent IPO.
- Guidewire Software (NYSE: GWRE) was initiated with an Overweight rating at Piper Sandler, with a $210 target price.
- UMB Financial (NASDAQ: UMBF) was assumed with an Equal Weight rating at Wells Fargo, which raised the target price to $160 from $139.
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