Spotify upgraded, First Solar downgraded: Wall Street's top analyst calls

3 weeks ago 29

The Fly

Thu, February 26, 2026 astatine 8:42 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 Upgrades:

Arete upgraded Spotify (SPOT) to Buy from Neutral with a $586 terms target. Arete sees the company's Premium gross margins getting amended and views Spotify's AI disruption hazard arsenic minimal.
TD Cowen upgraded Nasdaq (NDAQ) to Buy from Hold with a terms people of $106, up from $105, pursuing the capitalist day. The steadfast cites the caller pullback successful the shares and its greater assurance successful the durability of Nasdaq's platform, peculiarly successful fiscal technology, for the upgrade.
Wells Fargo upgraded Alcon (ALC) to Overweight from Equal Weight with a terms people of $97, up from $88. The steadfast sees upside to the company's 2026 guidance, saying caller merchandise cycles are starting to payment Alcon's growth.
H.C. Wainwright upgraded Joby Aviation (JOBY) to Buy from Neutral with an $18 terms target. The steadfast cites continued advancement connected the company's certification milestones that are present successful the last stages of completion for the upgrade.
Truist upgraded U.S. Bancorp (USB) to Buy from Hold with a terms people of $66, up from $61. Shares connection an charismatic risk/reward arsenic the institution completes the displacement to its beforehand ft with nett involvement borderline inflecting positively, a higher grade of equilibrium expanse and superior flexibility, and the anticipation of sustainable affirmative operating leverage for the adjacent fewer years, the steadfast tells investors successful a probe note.

Top Downgrades:

Deutsche Bank downgraded First Solar (FSLR) to Hold from Buy with a terms people of $245, down from $300, pursuing "disappointing" Q4 results and a "weak" 2026 outlook. The steadfast notes challenging conditions successful the market, tariffs impacting the question of volumes from India to the U.S. and wide portfolio changes with the onshoring of the finishing line.
Loop Capital downgraded Trade Desk (TTD) to Hold from Buy with a terms people of $25, down from $75. Trade Desk reported a Q4 bushed but with lower-than-expected guidance, the Loop expert tells investors successful a probe note.
BofA treble downgraded Oddity (ODD) to Underperform from Buy with a terms people of $10, down from $58, aft the institution disclosed meaningful challenges successful acquiring caller users on with its Q4 report. The issue, discovered successful precocious January, led Oddity to springiness Q1 gross guidance of down 30% year-over-year and forgo providing afloat twelvemonth guidance, notes the firm, which forecasts gross to beryllium down 21.5% successful 2026 and sees a debased likelihood of betterment until astatine slightest 2027. Barclays besides chopped the banal to Underweight, portion JPMorgan downgraded Oddity to Neutral.
JPMorgan downgraded Mosaic (MOS) to Underweight from Neutral with an unchanged terms people of $24. The institution is apt to acquisition little net successful 2026 arsenic a basal case, the steadfast tells investors successful a probe note.
Citizens downgraded C3 AI (AI) to Market Perform from Outperform without a terms target. The institution reported "very disappointing" fiscal Q3 results, the steadfast tells investors successful a probe note.