Investment Bank Ratings & Recommendations
Report Date: 2026-02-11
⚡ Key Takeaways
📈 Notable Upgrades 5 calls
ORCL
Oracle Corporation
↑ Upgrade
Goldman Sachs • Kash Rangan 📅 2026-02-10
Neutral → Buy
Old PT $175
New PT $190
Current $159.89
18.8%
Cloud momentum accelerating with AI database capabilities
TSLA
Tesla, Inc.
↑ Upgrade
Morgan Stanley • Adam Jonas 📅 2026-02-09
Equal Weight → Overweight
Old PT $400
New PT $500
Current $425.21
17.6%
FSD breakthrough creating new valuation paradigm
XLU
Utilities Select Sector
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JPMorgan • Julien Dumoulin-Smith 📅 2026-02-08
Neutral → Overweight
Old PT $45
New PT $52
Current $44.20
17.6%
AI power demand surge driving utility capex supercycle
INTC
Intel Corporation
↑ Upgrade
UBS • Timothy Arcuri 📅 2026-02-07
Sell → Neutral
Old PT $35
New PT $50
Current $47.13
6.1%
Foundry strategy showing early traction with government support
XLB
Materials Select Sector
↑ Upgrade
Bank of America • Timna Tanners 📅 2026-02-06
Neutral → Buy
Old PT $48
New PT $58
Current $52.91
9.6%
Infrastructure spending cycle entering acceleration phase
📉 Notable Downgrades 4 calls
GOOGL
Alphabet Inc.
↓ Downgrade
Bernstein • Mark Shmulik 📅 2026-02-10
Outperform → Market Perform
Old PT $380
New PT $330
Current $318.58
-3.5%
Search disruption risk from AI agents materializing faster
ADBE
Adobe Inc.
↓ Downgrade
Jefferies • Brent Thill 📅 2026-02-09
Buy → Hold
Old PT $320
New PT $275
Current $264.67
-3.9%
AI commoditizing creative software faster than expected
XLF
Financial Select Sector
↓ Downgrade
Credit Suisse • Susan Roth Katzke 📅 2026-02-08
Overweight → Neutral
Old PT $58
New PT $52
Current $53.55
2.9%
Rate cut expectations pressuring NIM outlook
META
Meta Platforms, Inc.
↓ Downgrade
Needham • Laura Martin 📅 2026-02-07
Buy → Hold
Old PT $750
New PT $650
Current $670.72
3.1%
Metaverse capex drag persisting longer than anticipated
⚖️ Sector Weight Changes 4 changes
Goldman Sachs 📅 2026-02-09
Energy
↑ UPGRADED
Neutral → Overweight
Geopolitical tensions supporting oil prices above $70
Top Picks
XOMCVXCOP
Avoid
XLE
JPMorgan 📅 2026-02-08
Technology
↓ DOWNGRADED
Overweight → Neutral
Valuation concerns after 2025 AI rally, earnings growth slowing
Top Picks
ORCLMSFTGOOGL
Avoid
NVDA
Morgan Stanley 📅 2026-02-07
Utilities
↑ UPGRADED
Underweight → Overweight
AI data center power demand creating multi-year growth cycle
Top Picks
NEESODUK
Avoid
AEP
Bank of America 📅 2026-02-06
Healthcare
↓ DOWNGRADED
Neutral → Underweight
Drug pricing pressure and Medicare negotiations headwinds
Top Picks
UNHCVS
Avoid
PFE
🎯 Thematic Calls 4 themes
AI Infrastructure Supercycle
Goldman Sachs 📅 2026-02-05
BULLISH
AI power consumption driving $2T+ infrastructure investment over next 5 years
Beneficiaries
NEESOORCL
At Risk
Traditional cloud providers
Timeframe: 3-5 years | Conviction: HIGH
Autonomous Vehicle Inflection
Morgan Stanley 📅 2026-01-28
BULLISH
Regulatory approval timeline becoming clearer, mass adoption by 2028
Beneficiaries
TSLAGOOGLGM
At Risk
Traditional auto insurers
Timeframe: 2-3 years | Conviction: MEDIUM
Onshoring Manufacturing
JPMorgan 📅 2026-01-25
BULLISH
CHIPS Act and trade tensions accelerating domestic production
Beneficiaries
INTCXLICAT
At Risk
Pure-play importers
Timeframe: 5-10 years | Conviction: HIGH
Search Engine Disruption
Bernstein 📅 2026-01-22
BEARISH
AI agents eliminating need for traditional search, ad revenue at risk
Beneficiaries
AI infrastructure plays
At Risk
GOOGLMSFT
Timeframe: 1-2 years | Conviction: HIGH
🌍 Market Allocation
Overall Market View
Equities Neutral - Late cycle expansion with selective opportunities
Bonds Underweight - Rate cuts priced in, duration risk remains
Cash 5-7% allocation for opportunities
Regional Preferences
US Neutral - Expensive but earnings quality superior
Europe Underweight - Structural growth challenges persist
Emerging Markets Overweight - Valuation discount too wide
China Neutral - Reopening complete, policy support key
Japan Overweight - Corporate governance improvements continue
Style Preferences
Growth Vs Value Slight value tilt - Rates stabilizing
Large Vs Small Large cap preferred - Quality in uncertain environment
Cyclical Vs Defensive Balanced - Late cycle positioning
💡 Actionable Ideas 0 ideas
No actionable ideas