Investment Bank Ratings & Recommendations
Report Date: 2026-02-02
⚡ Key Takeaways
📈 Notable Upgrades 5 calls
AAPL
Apple Inc.
↑ Upgrade
JPMorgan Chase • Samik Chatterjee 📅 2026-02-01
Neutral → Overweight
Old PT 245
New PT 285
Current 259.48
9.8%
Vision Pro momentum accelerating faster than expected, services growth reaccelerating
XLE
Energy Select Sector SPDR
↑ Upgrade
Goldman Sachs • Neil Mehta 📅 2026-01-31
Equal Weight → Overweight
Old PT 48
New PT 58
Current 51.05
13.6%
Oil supply disruptions creating structural tightness, energy transition creating value
XLV
Health Care Select Sector SPDR
↑ Upgrade
Morgan Stanley • Terence Flynn 📅 2026-01-30
Equal Weight → Overweight
Old PT 148
New PT 168
Current 154.74
8.6%
Defensive positioning into rate uncertainty, biosimilar headwinds fading
TSLA
Tesla, Inc.
↑ Upgrade
Wedbush Securities • Dan Ives 📅 2026-01-29
Neutral → Outperform
Old PT 380
New PT 515
Current 430.41
19.6%
FSD breakthrough creating massive optionality, China recovery accelerating
XLP
Consumer Staples Select Sector SPDR
↑ Upgrade
Bank of America • Bryan Spillane 📅 2026-01-28
Underweight → Neutral
Old PT 78
New PT 86
Current 83.51
3.0%
Defensive positioning warranted, margin expansion from commodity deflation
📉 Notable Downgrades 5 calls
META
Meta Platforms, Inc.
↓ Downgrade
UBS • Lloyd Walmsley 📅 2026-02-02
Buy → Neutral
Old PT 780
New PT 720
Current 716.50
0.5%
Reality Labs spending acceleration concerning, competition intensifying
AMD
Advanced Micro Devices, Inc.
↓ Downgrade
Mizuho Securities • Vijay Rakesh 📅 2026-01-31
Buy → Neutral
Old PT 285
New PT 245
Current 236.73
-3.5%
Data center AI chip competition intensifying, PC recovery delayed
ORCL
Oracle Corporation
↓ Downgrade
Bernstein Research • Mark Moerdler 📅 2026-01-30
Outperform → Market Perform
Old PT 195
New PT 170
Current 164.58
-3.3%
Cloud transition headwinds persistent, competitive pressure mounting
XLB
Materials Select Sector SPDR
↓ Downgrade
Citigroup • Alexander Hacking 📅 2026-01-29
Neutral → Underweight
Old PT 52
New PT 46
Current 49.27
6.6%
China stimulus impact fading, global manufacturing slowdown accelerating
INTC
Intel Corporation
↓ Downgrade
Wells Fargo Securities • Aaron Rakers 📅 2026-01-27
Equal Weight → Underweight
Old PT 52
New PT 42
Current 46.47
9.6%
Foundry business burning cash, PC recovery insufficient to offset server losses
⚖️ Sector Weight Changes 5 changes
Goldman Sachs 📅 2026-01-31
Energy
↑ UPGRADED
Underweight → Overweight
Geopolitical tensions creating supply constraints, transition creating scarcity value
Top Picks
XOMCVXCOP
Avoid
SLB
Morgan Stanley 📅 2026-01-30
Technology
↓ DOWNGRADED
Overweight → Neutral
Valuation concerns after strong run, regulatory headwinds increasing
Top Picks
MSFTGOOGLNVDA
Avoid
META
JPMorgan Chase 📅 2026-01-29
Healthcare
↑ UPGRADED
Underweight → Overweight
Defensive characteristics attractive, innovation cycle accelerating
Top Picks
UNHJNJPFE
Avoid
CVS
Bank of America 📅 2026-01-28
Financials
↓ DOWNGRADED
Overweight → Neutral
Rate environment stabilizing reducing NIM expansion, credit concerns emerging
Top Picks
JPMBACMS
Avoid
KRE
Citigroup 📅 2026-01-27
Materials
↓ DOWNGRADED
Neutral → Underweight
China stimulus fading, global manufacturing PMIs weakening
Top Picks
FCX
Avoid
AAX
🎯 Thematic Calls 5 themes
AI Infrastructure Buildout 2.0
Goldman Sachs 📅 2026-01-30
BULLISH
Second wave of AI infrastructure focusing on edge deployment and sovereign AI creating $500B market
Beneficiaries
NVDAAMDMRVL
At Risk
INTC
Timeframe: 24-36 months | Conviction: HIGH
Energy Security Premium
Morgan Stanley 📅 2026-01-29
BULLISH
Geopolitical tensions creating permanent shift toward energy security, benefiting domestic producers
Beneficiaries
XOMCVXPXD
At Risk
Renewable pure-plays
Timeframe: 12-18 months | Conviction: HIGH
Weight Loss Drug Ecosystem
JPMorgan Chase 📅 2026-01-28
BULLISH
GLP-1 drugs creating massive market opportunity beyond diabetes, transforming healthcare
Beneficiaries
LLYNVODXCM
At Risk
Fast food chainsDialysis companies
Timeframe: 36-60 months | Conviction: MEDIUM
China Reopening Fatigue
Bank of America 📅 2026-01-27
BEARISH
Initial reopening boost fading, structural headwinds remain with property overhang
Beneficiaries
Domestic US plays
At Risk
BABAPDDLuxury goods
Timeframe: 6-12 months | Conviction: MEDIUM
Robotics and Automation Acceleration
Wells Fargo Securities 📅 2026-01-26
BULLISH
Labor shortages and AI advances creating tipping point for industrial automation adoption
Beneficiaries
ABBROKFANUY
At Risk
Labor-intensive services
Timeframe: 18-36 months | Conviction: MEDIUM
🌍 Market Allocation
No allocation data
💡 Actionable Ideas 0 ideas
No actionable ideas