Autodesk upgraded, Nio downgraded: Wall Street's top analyst calls

4 days ago 6

The Fly

Wed, November 26, 2025 astatine 8:43 AM CST 3 min read

The astir talked astir and marketplace moving probe calls astir Wall Street are present successful 1 place. Here are today's probe calls that investors request to know, arsenic compiled by The Fly.

Top 5 Upgrades:

Deutsche Bank upgraded Autodesk (ADSK) to Buy from Hold with a terms people of $375, up from $345. The institution reported "very healthy" Q3 results that represented "one of its "cleanest" quarterly prints implicit the past fewer years, the steadfast tells investors successful a probe note.
Northland upgraded NetApp (NTAP) to Outperform from Market Perform with a terms people of $137, up from $120, aft the institution reported gross maturation excluding divested Spot accelerated to 4% year-over-year successful fiscal Q2 and guided to accelerate to 5% successful the 2nd fractional of FY26.
Morgan Stanley upgraded Amentum (AMTM) to Equal Weight from Underweight with a terms people of $35, up from $20. The steadfast sees a much balanced risk/reward astatine existent stock levels.
JPMorgan upgraded Atmus Filtration (ATMU) to Overweight from Neutral with a terms people of $60, up from $53, aft the institution announced the projected acquisition of Koch Filter, a pure-play aerial filter manufacturer.
Argus upgraded Herbalife (HLF) to Buy from Hold. The steadfast cites the company's Q3 net bushed reported earlier this period portion besides boosting its FY25 EPS presumption by 3c to $2.15 and its FY26 presumption by 4c to $2.64.

Top 5 Downgrades:

Macquarie downgraded Nio (NIO) to Neutral from Outperform with a terms people of $5.30, down from $6.70, pursuing the Q3 report. The institution issued "weak" Q4 measurement guidance of 122,500 units astatine the midpoint, beneath its prior.
Craig-Hallum downgraded PagerDuty (PD) to Hold from Buy with a terms people of $15, down from $20. While hard to enactment a precise digit connected it, determination intelligibly appears to beryllium a cardinal alteration successful extremity markets successful ways detrimental to the lasting of PagerDuty, Craig-Hallum adds.
UBS downgraded Biohaven (BHVN) to Neutral from Buy with a terms people of $11, down from $26. The steadfast says the company's "multiple" probe and improvement and regulatory setbacks person lowered assurance successful the viability of its remaining pipeline programs.
Bernstein downgraded Ambev (ABEV) to Market Perform from Outperform with a $2.88 terms target. The steadfast cites valuation for the downgrade with the shares up 16% year-to-date.
RBC Capital downgraded Morgan Stanley Direct Lending (MSDL) to Sector Perform from Outperform with a terms people of $18, down from $19. The steadfast believes Morgan Stanley Direct could make nett involvement income instrumentality connected equity person to the little extremity of the scope for its concern improvement institution sum successful 2026.