PayPal downgraded, UPS upgraded: Wall Street’s top analyst calls

Core Viewpoint - The article highlights significant upgrades in stock ratings for various companies, indicating potential investment opportunities based on recent performance and future outlooks [1] Group 1: Company Upgrades - HSBC upgraded UPS (UPS) to Buy from Hold with a price target of $125, increased from $100, citing Q4 results that exceeded expectations and strong margin potential by the end of 2026 as disruptions fade [2] - BofA upgraded Texas Instruments (TXN) to Neutral from Underperform with a price target of $235, up from $185, driven by industrial inventory replenishment and growth in data center power and automotive markets [2] - BofA upgraded Microchip (MCHP) to Buy from Neutral with a price target of $95, raised from $78, noting significant potential for earnings upgrades as the 2027 sales forecast of $7 billion is below previous peaks [2] - Rothschild & Co Redburn upgraded Visa (V) to Buy from Neutral with a price target of $385, up from $327, anticipating a shift in e-commerce dynamics that favors card networks [2] - Morgan Stanley upgraded Johnson & Johnson (JNJ) to Overweight from Equal Weight with a price target of $262, increased from $200, based on higher estimates for new products and a higher valuation multiple [2]