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

19 hours ago 2

The Fly

Fri, June 12, 2026 astatine 8:38 AM CDT 4 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:

Citi upgraded AMD (AMD) to Buy from Neutral with a terms people of $575, up from $460. The steadfast says the company's graphics processing portion upside is not afloat priced into the shares.
JPMorgan upgraded Kratos Defense (KTOS) to Overweight from Neutral with a terms people of $82, down from $99. The company's semipermanent maturation outlook "remains compelling" with margins expanding, the steadfast tells investors successful a probe note.
B. Riley upgraded FormFactor (FORM) to Buy from Neutral with an unchanged $165 terms target. The 14% retreat successful the banal terms since the company's Analyst Day leaves a structurally higher maturation and EPS generative concern underappreciated and presents an charismatic introduction point, the steadfast tells investors successful a probe note.
Goldman Sachs upgraded New Oriental Education (EDU) to Buy from Neutral with a terms people of $65, down from $67. The stock's valuation is "too compelling to ignore," the steadfast tells investors successful a probe note.
Citizens upgraded EPR Properties (EPR) to Outperform from Market Perform with a $70 terms target. The company's recently established at-the-market offering program "provides different instrumentality for superior raising" portion its operating portfolio is stable, the steadfast tells investors successful a probe note.

Top 5 Downgrades:

Wolfe Research downgraded Adobe (ADBE) to Peer Perform from Outperform with nary terms target. While the steadfast remains positively biased astir the semipermanent strategical quality of some the originative and selling unreality franchise, fiscal Q2 results were "thesis changing" arsenic it present sees a little wide way astir strategical changes during enforcement shifts, continued maturation deceleration without meaningful borderline leverage, and constricted adjacent to medium-term catalysts. Evercore ISI and Stifel besides downgraded Adobe to Neutral-equivalent ratings.
Barclays downgraded Travelers (TRV) to Underweight from Equal Weight with a terms people of $295, down from $331. The steadfast says that with pricing softening, maturation decelerating, and borderline unit building, net upside successful the spot and casualty security abstraction is "becoming harder to find."
BofA downgraded SailPoint (SAIL) to Neutral from Buy with an unchanged terms people of $16 connected concerns astir maturation durability and positioning fixed the company's constrictive absorption connected individuality governance successful a marketplace shifting toward broader level based IAM and information offerings.
Argus downgraded Eversource (ES) to Hold from Buy, citing the Federal Energy Regulatory Commission issuing an bid that is reducing Eversource electrical transmission instrumentality connected equity by 100 ground points, with a reach-back play to 2011.
Citizens downgraded Broadstone Net Lease (BNL) to Market Perform from Outperform without a terms target. The steadfast says has "favorable sentiment" towards Broadstone's improvement backing platform, but says its leverage is sitting toward the precocious extremity of management's range.