Investment Bank Ratings & Recommendations
Report Date: 2026-02-21
⚡ Key Takeaways
📈 Notable Upgrades 5 calls
GOOGL
Alphabet Inc.
↑ Upgrade
Goldman Sachs • Eric Sheridan 📅 2026-02-21
Neutral → Buy
Old PT 320
New PT 380
Current 314.98
20.6%
Search momentum accelerating with AI integration driving higher RPMs
AMZN
Amazon.com, Inc.
↑ Upgrade
Morgan Stanley • Brian Nowak 📅 2026-02-20
Equal Weight → Overweight
Old PT 210
New PT 275
Current 210.11
30.9%
AWS margin expansion accelerating with AI workload mix shift
META
Meta Platforms, Inc.
↑ Upgrade
JPMorgan • Doug Anmuth 📅 2026-02-19
Neutral → Overweight
Old PT 650
New PT 750
Current 655.66
14.4%
Reality Labs losses peaking, advertising recovery stronger than expected
INTC
Intel Corporation
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Bank of America • Vivek Arya 📅 2026-02-18
Underperform → Neutral
Old PT 35
New PT 50
Current 44.11
13.4%
Foundry business gaining traction, government support materializing
XLF
Financial Select Sector SPDR
↑ Upgrade
Citigroup • Keith Horowitz 📅 2026-02-17
Neutral → Buy
Old PT 53
New PT 58
Current 52.49
10.5%
Net interest margin stabilization and credit normalization complete
📉 Notable Downgrades 4 calls
ORCL
Oracle Corporation
↓ Downgrade
Jefferies • Brent Thill 📅 2026-02-21
Buy → Hold
Old PT 180
New PT 155
Current 148.08
-4.7%
Cloud growth deceleration amid increased competition from hyperscalers
CRM
Salesforce, Inc.
↓ Downgrade
Wells Fargo • Michael Turrin 📅 2026-02-20
Overweight → Equal Weight
Old PT 220
New PT 190
Current 185.16
-2.7%
Enterprise software spending slowdown hitting CRM hardest
XLE
Energy Select Sector SPDR
↓ Downgrade
Credit Suisse • William Thompson 📅 2026-02-19
Outperform → Neutral
Old PT 62
New PT 52
Current 54.88
-5.2%
Oil demand peak concerns and renewable energy acceleration
XLV
Health Care Select Sector
↓ Downgrade
RBC Capital • Gregory Renza 📅 2026-02-18
Outperform → Sector Perform
Old PT 165
New PT 155
Current 156.82
-1.2%
Medicare Advantage headwinds and drug pricing pressures intensifying
⚖️ Sector Weight Changes 5 changes
Goldman Sachs 📅 2026-02-20
Technology
↑ UPGRADED
Neutral → Overweight
AI infrastructure spend cycle entering second phase with broader adoption
Top Picks
NVDAMSFTGOOGL
Avoid
CRM
Morgan Stanley 📅 2026-02-19
Financials
↑ UPGRADED
Underweight → Neutral
Credit cycle normalization complete, net interest margin stabilization
Top Picks
JPMBACGS
Avoid
Regional banks
JPMorgan 📅 2026-02-18
Energy
↓ DOWNGRADED
Overweight → Neutral
Peak oil demand concerns and renewable energy transition acceleration
Top Picks
XOMCVX
Avoid
Small E&P names
Bank of America 📅 2026-02-17
Real Estate
↑ UPGRADED
Underweight → Neutral
Commercial real estate bottoming, residential showing signs of stabilization
Top Picks
PLDAMTCCI
Avoid
Office REITs
Citigroup 📅 2026-02-16
Consumer Discretionary
↑ UPGRADED
Neutral → Overweight
Consumer resilience despite rate environment, margin expansion visibility
Top Picks
AMZNHDCOST
Avoid
Luxury goods
🎯 Thematic Calls 5 themes
AI Infrastructure 2.0
Goldman Sachs 📅 2026-02-20
BULLISH
Second wave of AI infrastructure investment focusing on inference and edge computing creating new winners beyond training chips
Beneficiaries
NVDAAMDMRVL
At Risk
Legacy server vendors
Timeframe: 18-24 months | Conviction: HIGH
China Reopening 2.0
Morgan Stanley 📅 2026-02-18
BULLISH
Policy stimulus package larger than expected, consumption recovery accelerating
Beneficiaries
AAPLSTBXNKE
At Risk
Domestic China alternatives
Timeframe: 12 months | Conviction: MEDIUM
Energy Transition Acceleration
JPMorgan 📅 2026-02-15
BULLISH
Government incentives and corporate commitments driving unprecedented renewable energy investment
Beneficiaries
ENPHFSLRNEE
At Risk
Traditional utilitiesCoal
Timeframe: 3-5 years | Conviction: HIGH
Healthcare Innovation
Bank of America 📅 2026-02-12
BULLISH
GLP-1 drugs creating broader healthcare ecosystem opportunities beyond weight loss
Beneficiaries
LLYNVODXCM
At Risk
Traditional weight management
Timeframe: 2-3 years | Conviction: MEDIUM
Quantum Computing Commercialization
UBS 📅 2026-02-10
BULLISH
First commercial quantum applications in optimization and cryptography emerging
Beneficiaries
IBMGOOGLRGTI
At Risk
Traditional computing
Timeframe: 5+ years | Conviction: LOW
🌍 Market Allocation
No allocation data
💡 Actionable Ideas 0 ideas
No actionable ideas