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: TD Cowen upgraded Grail (GRAL) to Buy from Hold with a price target of $65, down from $114. The firm believes the recent selloff in the shares creates an attractive entry point.BNP Paribas upgraded Extra Space Storage (EXR) to Outperform from Neutral with a price target of $154, up from $141. 2025 results suggest ...

Core Viewpoint - The article highlights significant upgrades in stock ratings from various financial institutions, indicating positive market sentiment and potential growth for the companies mentioned [1]. Group 1: Upgrades - HSBC upgraded Nio (NIO) to Buy from Hold with a price target of $6.80, increased from $4.80, citing improved visibility and stronger conviction in Nio's 2026 volume growth and earnings trajectory following the Q4 report [1]. - Wells Fargo upgraded Ollie's Bargain Outlet (OLLI) to Overweight from Equal Weight with a price target of $130, up from $120, driven by a positive Q4 update and ongoing momentum in Ollie's story [1]. - Wells Fargo also upgraded Nutrien (NTR) to Overweight from Equal Weight with a price target of $100, increased from $77, due to anticipated pricing upside across several chemical chains influenced by the conflict in Iran [1]. - JPMorgan upgraded Alcoa (AA) to Neutral from Underweight with a price target of $68, up from $50, noting a 12% rally in aluminum prices since the onset of the conflict in Iran due to regional supply risks [1]. - Barclays upgraded Murphy Oil (MUR) to Equal Weight from Underweight with a price target of $33, raised from $29, as the firm increased 2026 oil price estimates due to the Iran war and recognized underappreciated cash flow tailwinds for the exploration and production sector [1].

Upgrades - Bernstein upgraded CVS Health (CVS) to Outperform from Market Perform with a price target of $94, up from $91, indicating a 23% upside due to attractive exposure to the Medicare Advantage turnaround and potential for more stable earnings in its pharmacy businesses after reform impacts [2] - Bernstein upgraded Cigna (CI) to Outperform from Market Perform with a price target of $358, up from $307, as the firm sees the combination of the Pharmacy Benefit Manager reform bill and the FTC settlement as "clearing events" that will increase the multiple over time [2] - Wells Fargo double upgraded Occidental (OXY) to Overweight from Underweight with a price target of $69, up from $47, citing the company's peer-leading oil sensitivity and Permian capital efficiency trends as key factors [2] - Piper Sandler also upgraded Occidental to Overweight from Neutral with a price target of $66, up from $54 [2] - Williams Trading upgraded Crocs (CROX) to Hold from Sell with an $84 price target, citing valuation as the reason for the upgrade with shares currently below the price target [2] - Jefferies upgraded Petco (WOOF) to Buy from Hold with a price target of $5, up from $4.05, noting that the company is entering 2026 with growth prospects as liquidity and profitability concerns are now resolved [2]

Core Viewpoint - Barclays analysts upgraded Nike's stock to "overweight," indicating a potential turnaround from its recent decline, as they believe the company's earnings may have reached a "fundamental bottom" [1][1]. Group 1: Stock Performance - Nike's shares are down approximately 13% year-to-date and have decreased nearly 25% over the past 12 months [1][1]. - The stock closed just under $56, reflecting a less than 1% decline on the day of the upgrade [1][1]. Group 2: Analyst Insights - Analysts at Barclays noted progress in Nike's operational performance and financial metrics, suggesting that investor skepticism may have peaked [1][1]. - The upgrade is seen as a vote of confidence in Nike's turnaround efforts following the replacement of its CEO in late 2024 due to declining sales and increased competition [1][1]. Group 3: Future Expectations - Barclays raised its price target for Nike's stock from $64 to $73, which aligns closely with the Visible Alpha consensus target of about $72, indicating a potential upside of around 30% from the recent closing price [1][1]. - The analysts expect improvements in Nike's North American market to outweigh concerns regarding sales in China and higher tariffs that have affected the company in recent quarters [1][1]. Group 4: Market Sentiment - Among 14 analysts with current ratings, eight recommend buying Nike's stock, five have neutral ratings, and only one has a "sell" rating, reflecting a generally positive sentiment towards the stock [1][1].

Core Viewpoint - Rivian Automotive Inc (NASDAQ: RIVN) is experiencing a positive trend following a bullish upgrade from TD Cowen analyst Itay Michaeli, who has raised the stock rating to "buy" [1] Group 1 - The upgrade from TD Cowen is expected to enhance investor confidence in Rivian's stock performance [1] - The stock has surpassed significant resistance levels, indicating potential for further gains [1]

Core Viewpoint - Canaccord upgraded Antofagasta (ANFGF) to Buy from Hold with a price target of 4,750 GBp, an increase from the previous target of 4,100 GBp, indicating a positive outlook for the company based on current market conditions [1] Summary by Category Company Upgrade - Canaccord has raised its rating on Antofagasta from Hold to Buy, reflecting increased confidence in the company's performance [1] - The new price target of 4,750 GBp suggests a significant potential upside from the current levels [1] Market Conditions - Current spot pricing for copper indicates that further upgrades for copper miners are likely as the market approaches Q2 [1]

Core Viewpoint - TJX Companies, Inc. has received a significant stock upgrade from BTIG, reflecting strong quarterly earnings but a cautious outlook for the upcoming fiscal year [1][2][3]. Group 1: Stock Upgrade and Price Target - BTIG upgraded TJX's stock to "Buy," increasing the price target from $165 to $185, while the stock was priced at $155.82 at the time of the upgrade [1][6]. Group 2: Quarterly Earnings Performance - TJX reported fourth-quarter earnings of $1.43 per share, exceeding the consensus estimate of $1.39, and quarterly sales reached $17.7 billion, surpassing the expected $17.37 billion [2][6]. Group 3: Earnings Forecast and Market Reaction - The company issued a weaker earnings forecast for the upcoming fiscal year, projecting a GAAP EPS of $4.93 to $5.02, which is below market estimates of $5.17 [3][6]. - Despite the strong quarterly performance, TJX's stock price decreased by 1.84, approximately -1.17%, reflecting market caution [3]. Group 4: Market Context - In the broader market, U.S. stocks experienced a positive trading session, with the Nasdaq Composite gaining over 250 points, while TJX's stock fluctuated between a low of $154.91 and a high of $162.68 [4]. - TJX's market capitalization is approximately $173.42 billion, with a 52-week high of $162.68 and a low of $112.10, indicating significant investor interest [5].

Core Viewpoint - Roth Capital upgraded AngloGold Ashanti's stock to "Buy" and raised the price target from $92 to $122, reflecting confidence in the company's future performance [2][5] Financial Performance - AngloGold Ashanti reported a record free cash flow of $2.9 billion in 2025, driven by strong production growth and disciplined cost management [2][5] - The company declared an interim dividend of $875 million for Q4 2025, bringing the total dividend payout for the year to a record $1.8 billion, demonstrating commitment to returning value to shareholders [3][5] Stock Performance - The stock is currently priced at $114.24, with a market capitalization of approximately $57.68 billion, indicating strong investor interest [4] - The stock has fluctuated between a low of $106.92 and a high of $114.65 on the current day, and over the past year, it reached a high of $115.81 and a low of $28.45 [4]

Core Viewpoint - Analysts at Citizens JMP have upgraded SoFi Technologies from Market Perform to Outperform, setting a price target of $30, indicating a potential upside of 40% for the stock [1]. Group 1 - SoFi Technologies' shares have underperformed compared to the broader market this year [1]. - Analysts are encouraging Wall Street to overlook this underperformance and consider the company's potential for growth [1].

Group 1 - FuboTV Inc. is a sports-first live TV streaming platform that competes with services like Hulu + Live TV and YouTube TV [1] - Seaport Global upgraded FuboTV's stock from Neutral to Buy, reflecting a positive outlook on the company's potential [2] - The stock price is currently $1.62, despite a decrease of 8.47% today, with fluctuations between $1.56 and $1.77 [3] Group 2 - FuboTV's market capitalization is approximately $571.4 million, indicating its size in the market [4] - The trading volume for FUBO today is 24,356,708 shares, showing active investor interest [4]