Here Are Friday’s Top Wall Street Analyst Research Calls: Bristol-Myers Squibb, Citigroup, Lululemon Athletica, PayPal, Roblox, Soundhound AI, and More

Market Overview - Futures are trading mixed as the week concludes, with the Federal Reserve cutting rates again and signaling another potential cut in 2026 [2] - The Dow Jones Industrials reached an all-time high, closing up 1.34% at 48,704, while the S&P 500 ended at 6,901, up 0.12%. The Nasdaq was the only major index to decline, closing at 23,593, down 0.26% [2] Treasury Bonds - Yields were mainly lower across the yield curve, influenced by the prospect of another rate cut in 2026 and a less hawkish tone from Chairman Powell [3] - The Fed resumed buying short-term Treasury securities to manage market liquidity, with the 30-year long bond finishing at 4.8% and the benchmark 10-year note at 4.16% [3] Oil and Gas - Oil prices declined across the energy complex due to oversupply, with Brent Crude closing at $61.54, down 1.08%, and West Texas Intermediate at $57.88, down 1% [4] - Natural gas prices fell nearly 8% to $4.23, influenced by forecasts of mild weather and weaker demand, despite a supportive inventory report [4] Stock Market Outlook - The S&P 500 is on track for a potential third consecutive year of double-digit gains, with all major indices, including the Russell 2000, at or near all-time highs [5] - A "Santa Claus rally" is expected as portfolio managers may engage in "window dressing" by adding top stocks to their holdings [5]