The Fly
4 min read
The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors need to know, as compiled by The Fly.
Top 5 Upgrades:
-
Wolfe Research upgraded Palantir (PLTR) to Peer Perform from Underperform without a price target after resuming coverage of the name. The firm believes Palantir’s current valuation reflects much of its improved growth and margin outlook.
-
UBS upgraded Dynatrace (DT) to Buy from Neutral with a price target of $60, up from $36, after a transfer in analyst coverage. Checks indicated modest growth acceleration and healthy demand driven by strong core application performance monitoring, growing logs adoption, and emerging AI benefits, supporting expectations for faster FY27-29 annual recurring revenue growth than consensus, with Dynatrace appearing attractively valued, the firm tells investors in a research note.
-
BofA upgraded Extra Space Storage (EXR) to Neutral from Underperform with a price target of $156, up from $147. Following a meeting with management, the firm is more positive on Extra Space’s operating trends for this peak leasing season.
-
BofA upgraded Exxon Mobil (XOM) to Buy from Neutral with a $154 price target. The stock is lower than when the Iran War began despite the clear net upside from the war’s impact, the firm tells investors in a research note.
-
BofA upgraded W.P. Carey (WPC) to Neutral from Underperform with a price target of $83, up from $73. The firm believes W.P. Carey warrants a higher multiple given its improved internal and external growth as a result of its portfolio simplification over the past several years.
Top 5 Downgrades:
-
Wedbush downgraded Roku (ROKU) to Neutral from Outperform with a $155 price target. The firm is also removing Roku from Wedbush’s Best Ideas List following the announcement that Fox Corp. (FOXA) intends to acquire Roku in a cash-and-stock transaction. Susquehanna, Wolfe Research, Piper Sandler, JPMorgan, Citizens, Evercore ISI and Loop Capital also downgraded Roku to Neutral-equivalent ratings.
-
BTIG downgraded Centerspace (CSR) to Neutral from Buy without a price target after the company concluded its strategic review. The outcome of the strategic review “raises more questions than it answers in the near term,” the firm tells investors in a research note.
-
Benchmark downgraded Dave & Buster’s (PLAY) to Hold from Buy with no price target after Q1 comparable sales declined 5.4%, materially below both the firm’s expectations and management’s prior commentary.
-
BTIG downgraded Rocket Companies (RKT) to Neutral from Buy without a price target. The rate environment has been more challenging in 2026 than initially expected, the firm tells investors in a research note.
-
Keefe Bruyette downgraded Payoneer Global (PAYO) to Market Perform from Outperform with a price target of $7.40, up from $7, following the formal announcement that the company will be acquired by Nuvei.
