Investment Bank Ratings & Recommendations
Report Date: 2026-02-19
⚡ Key Takeaways
📈 Notable Upgrades 5 calls
NVDA
NVIDIA Corporation
↑ Upgrade
Goldman Sachs • Toshiya Hari 📅 2026-02-18
Neutral → Buy
Old PT 180.00
New PT 220.00
Current 187.98
17.0%
AI infrastructure buildout accelerating faster than expected
AMZN
Amazon.com, Inc.
↑ Upgrade
Morgan Stanley • Brian Nowak 📅 2026-02-17
Equal Weight → Overweight
Old PT 195.00
New PT 240.00
Current 204.79
17.2%
AWS margin expansion and retail efficiency gains
XLE
Energy Select Sector SPDR
↑ Upgrade
JPMorgan • Christyan Malek 📅 2026-02-16
Neutral → Overweight
Old PT 52.00
New PT 62.00
Current 54.78
13.2%
Oil demand recovery and supply constraints tightening
ORCL
Oracle Corporation
↑ Upgrade
Bank of America • Brad Sills 📅 2026-02-15
Neutral → Buy
Old PT 145.00
New PT 180.00
Current 156.17
15.3%
Database modernization and cloud transition accelerating
META
Meta Platforms, Inc.
↑ Upgrade
Jefferies • Brent Thill 📅 2026-02-14
Hold → Buy
Old PT 620.00
New PT 720.00
Current 643.22
11.9%
Reality Labs losses peaking, AI advertising efficiency improving
📉 Notable Downgrades 4 calls
INTC
Intel Corporation
↓ Downgrade
UBS • Timothy Arcuri 📅 2026-02-18
Neutral → Sell
Old PT 50.00
New PT 38.00
Current 45.46
-16.4%
Market share losses accelerating, foundry business struggling
AMD
Advanced Micro Devices, Inc.
↓ Downgrade
Wells Fargo • Aaron Rakers 📅 2026-02-17
Overweight → Equal Weight
Old PT 240.00
New PT 190.00
Current 200.12
-5.1%
AI chip competition intensifying, PC market weakness
XLU
Utilities Select Sector SPDR
↓ Downgrade
Citigroup • Praful Mehta 📅 2026-02-16
Buy → Neutral
Old PT 48.00
New PT 43.00
Current 45.61
-5.7%
Interest rate sensitivity and regulatory headwinds
NFLX
Netflix, Inc.
↓ Downgrade
Needham • Laura Martin 📅 2026-02-15
Buy → Hold
Old PT 95.00
New PT 75.00
Current 77.99
-3.8%
Streaming competition intensifying, content cost inflation
⚖️ Sector Weight Changes 4 changes
Goldman Sachs 📅 2026-02-17
Technology
↑ UPGRADED
Neutral → Overweight
AI infrastructure investment cycle accelerating, earnings momentum strong
Top Picks
NVDAMSFTGOOGL
Avoid
INTC
Morgan Stanley 📅 2026-02-16
Energy
↑ UPGRADED
Underweight → Neutral
Commodity price stabilization and improved capital discipline
Top Picks
XOMCVXSLB
Avoid
Smaller E&P names
JPMorgan 📅 2026-02-15
Financials
↓ DOWNGRADED
Overweight → Neutral
Net interest margin pressure from rate environment
Top Picks
JPMBAC
Avoid
Regional banks
Bank of America 📅 2026-02-14
Healthcare
↑ UPGRADED
Neutral → Overweight
Defensive characteristics and biotech innovation pipeline
Top Picks
JNJUNHABBV
Avoid
Generic pharma
🎯 Thematic Calls 4 themes
AI Infrastructure Buildout
Goldman Sachs 📅 2026-02-18
BULLISH
Enterprise AI adoption accelerating beyond expectations, driving massive infrastructure investment cycle lasting 3-5 years
Beneficiaries
NVDAAMDMSFT
At Risk
Legacy hardware vendors
Timeframe: 12-24 months | Conviction: HIGH
Energy Transition Acceleration
Morgan Stanley 📅 2026-02-17
BULLISH
Government incentives and corporate commitments driving unprecedented clean energy investment
Beneficiaries
TSLANEEENPH
At Risk
Traditional utilities
Timeframe: 24-36 months | Conviction: HIGH
Cybersecurity Imperative
JPMorgan 📅 2026-02-16
BULLISH
Rising threat landscape forcing enterprise security spend acceleration
Beneficiaries
CRWDPANWZS
At Risk
Legacy security vendors
Timeframe: 12-18 months | Conviction: MEDIUM
Streaming Wars Consolidation
Barclays 📅 2026-02-15
BEARISH
Market saturation and content cost inflation forcing industry rationalization
Beneficiaries
DISNFLX
At Risk
Smaller streaming players
Timeframe: 18-24 months | Conviction: MEDIUM
🌍 Market Allocation
Overall Market View
Equities Overweight - AI cycle driving earnings growth despite macro headwinds
Bonds Underweight - Rate uncertainty and inflation concerns persist
Cash 5-10% tactical allocation for opportunities
Regional Preferences
US Overweight - Technology leadership and innovation edge
Europe Underweight - Economic headwinds and energy concerns
Emerging Markets Neutral - China recovery offset by broader EM weakness
China Underweight - Regulatory overhang and geopolitical tensions
Japan Neutral - Corporate reform progress but demographic headwinds
Style Preferences
Growth Vs Value Growth preferred - Technology disruption accelerating
Large Vs Small Large cap bias - Quality and liquidity premium
Cyclical Vs Defensive Balanced - Selective cyclical exposure in tech
💡 Actionable Ideas 0 ideas
No actionable ideas