Marvell upgraded, Trade Desk downgraded: Wall Street's top analyst calls

6 days ago 4

The Fly

Fri, March 6, 2026 astatine 8:31 AM CST 4 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:

Piper Sandler upgraded Karman (KRMN) to Overweight from Neutral with a terms people of $127, up from $110. The steadfast believes the institution volition payment from a imaginable munitions "super cycle" wherever U.S. and allies question to rebuild "magazine depth" for captious munitions by replenishing stockpiles, expanding production, and refreshing exertion crossed rocket programs. The warfare successful Iran is "only the past information constituent successful a bid of funding-driven initiatives building" successful Karman' favor, the expert tells investors
BMO Capital upgraded Okta (OKTA) to Outperform from Market Perform with a terms people of $97, up from $83. The steadfast has accrued assurance successful the company's gross maturation durability.
Benchmark upgraded Marvell (MRVL) to Buy from Hold with a $130 terms target. While the steadfast maintains its presumption that Marvell is presently sharing Amazon's (AMZN) next-generation Trainium 3 plan enactment with Alchip, it present believes it "ultimately doesn't substance successful the wide expansive strategy of the company's aggregate layering maturation drivers." BofA besides upgraded Marvell to Buy from Neutral with a terms people of $110, up from $90.
BofA upgraded Ciena (CIEN) to Buy from Neutral with a terms people of $355, up from $260. After doing investigation connected the expected information halfway buildout, arsenic good arsenic pursuing the caller spending outlook update by the Cloud Titans, the steadfast present believes its recently-published cautious enactment connected the networking assemblage was "too early" with cardinal Cloud players, including Hyperscalers, Tier-2 Clouds and Neoclouds, adding important information halfway capableness successful the adjacent 3 years.
Northcoast upgraded Intuit (INTU) to Buy from Neutral with a $575 terms target. The steadfast cites valuation for the upgrade with the shares down astir 30% successful 2026.

Top 5 Downgrades:

MoffettNathanson downgraded Warner Bros. Discovery (WBD) to Neutral from Buy with Paramount Skydance (PSKY) emerging arsenic the victor successful the takeover battle, pending regulatory approval.
Wedbush downgraded Trade Desk (TTD) to Underperform from Neutral with a $23 terms target, arsenic the steadfast does not judge the incremental worth of the rumored woody warrants the existent stock price. Shares surged astir 18% yesterday pursuing reports of a imaginable concern to monetize OpenAI's ChatGPT inventory.
Nephron Research downgraded Zoetis (ZTS) to Hold from Buy with a $131 terms target. The steadfast cites a deficiency of integrated maturation for the downgrade.
Barclays downgraded Avantor (AVTR) to Underweight from Equal Weight with a terms people of $8.50, down from $9. Avantor's concern is seeing stock losses, a deficiency of investment, and questions if " absorption tin close the ship," the steadfast tells investors successful a probe note.
Citi downgraded Delek Logistics (DKL) to Neutral from Buy with a terms people of $52, up from $47. The steadfast cites valuation for the downgrade pursuing the stock's caller rally.