Adobe downgraded, Nio upgraded: Wall Street's top analyst calls

16 hours ago 2

The Fly

Fri, March 13, 2026 astatine 8:39 AM CDT 3 min read

The astir talked astir and marketplace moving probe calls astir Wall Street are present successful 1 place. Here are today's probe calls that investors request to know, arsenic compiled by The Fly.

Top 5 Upgrades:

HSBC upgraded Nio (NIO) to Buy from Hold with a terms people of $6.80, up from $4.80. The steadfast sees amended visibility and has "stronger conviction" connected Nio's 2026 measurement maturation and net betterment trajectory pursuing the Q4 report.
Wells Fargo upgraded Ollie's Bargain Outlet (OLLI) to Overweight from Equal Weight with a terms people of $130, up from $120. The steadfast is encouraged by the Q4 update and believes Ollie's "story continues to physique momentum."
Wells Fargo upgraded Nutrien (NTR) to Overweight from Equal Weight with a terms people of $100, up from $77. The steadfast sees pricing upside crossed "several chemic chains" owed to the struggle successful Iran. Wells besides upgraded Air Products (APD) and Celanese to Overweight.
JPMorgan upgraded Alcoa (AA) to Neutral from Underweight with a terms people of $68, up from $50. Since the struggle successful Iran began, aluminum prices person rallied 12% connected determination proviso risk, the steadfast tells investors successful a probe note.
Barclays upgraded Murphy Oil (MUR) to Equal Weight from Underweight with a terms people of $33, up from $29. The steadfast accrued 2026 lipid terms estimates connected the Iran warfare and believes currency travel tailwinds for the exploration and accumulation radical stay underappreciated.

Top 5 Downgrades:

Barclays downgraded Adobe (ADBE) to Equal Weight from Overweight with a terms people of $275, down from $335. The steadfast says the biggest quality of the 4th is that Adobe's long-time CEO Shantanu Narayen is transitioning out.
Citizens downgraded EverCommerce (EVCM) to Market Perform from Outperform without a terms target. The steadfast views the company's Q4 study arsenic mixed with the archetypal year-over-year payments gross diminution since EverCommerce went nationalist successful July 2021.
Morgan Stanley downgraded NerdWallet (NRDS) to Underweight from Equal Weight with a terms people of $9, down from $14. The steadfast views statement net estimates for the institution arsenic excessively high.
William Blair downgraded PagerDuty (PD) to Market Perform from Outperform without a terms target. The institution reported "disappointing" Q4 results, with yearly recurring gross maturation of lone $2M sequentially and 1% year-over-year, the steadfast tells investors successful a probe note.
Baird downgraded Immutep (IMMP) to Neutral from Outperform with a terms people of $1, down from $7. The Independent Data Monitoring Committee recommended the discontinuation of the company's pivotal TACTI-004 survey successful non-small compartment lung crab pursuing the study's planned futility analysis, the steadfast tells investors successful a probe note.