Investment Bank Ratings & Recommendations
Report Date: 2026-02-10
⚡ Key Takeaways
📈 Notable Upgrades 5 calls
ORCL
Oracle Corporation
↑ Upgrade
Goldman Sachs • Kash Rangan 📅 2026-02-10
Neutral → Buy
Old PT 140
New PT 175
Current 156.59
11.7%
AI database acceleration driving margin expansion beyond expectations
AMD
Advanced Micro Devices
↑ Upgrade
Morgan Stanley • Joseph Moore 📅 2026-02-09
Equal Weight → Overweight
Old PT 200
New PT 250
Current 216.00
15.7%
Data center AI chip momentum accelerating, gaining NVIDIA share
META
Meta Platforms
↑ Upgrade
JPMorgan • Doug Anmuth 📅 2026-02-08
Neutral → Overweight
Old PT 650
New PT 750
Current 677.22
10.7%
Reality Labs turning profitable sooner than expected, AI monetization accelerating
XLE
Energy Select SPDR
↑ Upgrade
Bank of America • Doug Leggate 📅 2026-02-07
Neutral → Buy
Old PT 52
New PT 58
Current 53.64
8.1%
Energy capex discipline creating sustainable free cash flow generation
MSFT
Microsoft Corporation
↑ Upgrade
Wedbush • Dan Ives 📅 2026-02-06
Outperform → Outperform
Old PT 450
New PT 500
Current 413.60
20.9%
Copilot monetization accelerating faster than expected across enterprise
📉 Notable Downgrades 4 calls
AAPL
Apple Inc.
↓ Downgrade
Barclays • Tim Long 📅 2026-02-09
Overweight → Equal Weight
Old PT 300
New PT 270
Current 274.62
-1.7%
iPhone cycle peaking, China headwinds intensifying
NFLX
Netflix Inc.
↓ Downgrade
UBS • John Hodulik 📅 2026-02-08
Buy → Neutral
Old PT 95
New PT 85
Current 81.47
-4.3%
Streaming competition intensifying, content costs rising faster than revenue
XLF
Financial Select SPDR
↓ Downgrade
Citigroup • Keith Horowitz 📅 2026-02-07
Buy → Neutral
Old PT 58
New PT 52
Current 53.94
-3.6%
Credit cycle turning, net interest margin compression ahead
INTC
Intel Corporation
↓ Downgrade
Mizuho • Jordan Klein 📅 2026-02-06
Buy → Underperform
Old PT 55
New PT 45
Current 50.24
-10.4%
Foundry strategy failing to gain traction, burning cash
⚖️ Sector Weight Changes 4 changes
Goldman Sachs 📅 2026-02-09
Technology
↓ DOWNGRADED
Overweight → Neutral
Valuation multiples stretched relative to earnings growth deceleration
Top Picks
MSFTGOOGLORCL
Avoid
ADBE
Morgan Stanley 📅 2026-02-08
Energy
↑ UPGRADED
Underweight → Overweight
Capital discipline creating sustainable cash returns, geopolitical premium returning
Top Picks
XOMCVXCOP
Avoid
OXY
JPMorgan 📅 2026-02-07
Healthcare
↑ UPGRADED
Neutral → Overweight
GLP-1 obesity drug market expansion, biotech valuations attractive
Top Picks
LLYNVOUNH
Avoid
PFE
Bank of America 📅 2026-02-06
Financials
↓ DOWNGRADED
Overweight → Neutral
Credit normalization accelerating, deposit costs remaining elevated
Top Picks
JPMBACGS
Avoid
KRE
🎯 Thematic Calls 4 themes
AI Infrastructure Build-out
Goldman Sachs 📅 2026-02-05
BULLISH
Multi-year infrastructure investment cycle just beginning, $2T total addressable market by 2030
Beneficiaries
NVDAAMDMSFTGOOGL
At Risk
Legacy data center REITs
Timeframe: 3-5 years | Conviction: HIGH
Energy Security Premium
Morgan Stanley 📅 2026-02-04
BULLISH
Geopolitical tensions driving strategic petroleum reserve rebuilding globally
Beneficiaries
XLEOIHXOM
At Risk
Renewable energy with long payback periods
Timeframe: 12-24 months | Conviction: MEDIUM
Obesity Drug Market Expansion
JPMorgan 📅 2026-01-30
BULLISH
GLP-1 drugs expanding beyond diabetes to cardiovascular, kidney, liver applications
Beneficiaries
LLYNVOREGN
At Risk
Traditional diabetes management companies
Timeframe: 2-3 years | Conviction: HIGH
China Reopening Reversal
UBS 📅 2026-01-25
BEARISH
Property sector stress spreading, consumer confidence remaining weak despite policy support
Beneficiaries
Domestic US companies with limited China exposure
At Risk
AAPLTSLALuxury goods
Timeframe: 6-12 months | Conviction: MEDIUM
🌍 Market Allocation
Overall Market View
Equities Neutral to slightly positive - earnings growth decelerating but Fed pivot supportive
Bonds Underweight duration - Fed cuts priced in, inflation risks remain
Cash 5-7% allocation, up from 3-5% in Q4 2025
Regional Preferences
US Neutral weight - expensive but earnings quality superior
Europe Underweight - ECB policy uncertainty, energy costs elevated
Emerging Markets Underweight - China weakness outweighing other opportunities
China Significant underweight - structural headwinds intensifying
Japan Overweight - corporate governance reforms accelerating
💡 Actionable Ideas 0 ideas
No actionable ideas