Microsoft downgraded, Snap upgraded: Wall Street's top analyst calls

1 month ago 26

The Fly

Thu, February 5, 2026 astatine 9:12 AM CST 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:

B. Riley upgraded Snap (SNAP) to Buy from Neutral with an unchanged terms people of $10 pursuing the Q4 report. The steadfast sees aboriginal signs of advancement connected a fig of Snap's cardinal initiatives, including "sustained beardown growth" successful gross from premium subscribers and traction of higher borderline advertizing formats.
Seaport Research upgraded FuboTV (FUBO) to Buy from Neutral with a $3 terms target. The institution conscionable posted their archetypal 4th post-merger of Disney's (DIS) Hulu Live with FuboTV and shares fell dramatically, but the steadfast believes that this present provides an absorbing accidental successful the look of uncertainty.
Wolfe Research upgraded Zoom Communications (ZM) to Outperform from Peer Perform with a terms people of $115. The steadfast believes the company's maturation is positioned to reaccelerate, and sees spot successful Zoom's declaration halfway and telephone concern arsenic good upside successful its "emerging" dependable AI.
Jefferies upgraded Celanese (CE) to Buy from Hold with a terms people of $86, up from $43. While the company's archetypal fractional of 2026 net results are "likely to stay choppy," based connected adjacent comments, "it is yet clip to bargain the dips," the steadfast tells investors successful a probe note.
Cantor Fitzgerald upgraded DigitalOcean (DOCN) to Overweight from Neutral with a terms people of $68, up from $47. The steadfast says the company's DigitalOcean's integer native-focused and developer-first attack to providing hyperscale services to the wide marketplace is good positioned to standard up-market.

Top 5 Downgrades:

Stifel downgraded Microsoft (MSFT) to Hold from Buy with a terms people of $392, down from $540. Given the well-documented Azure proviso issues, coupled with Google's (GOOGL) beardown Google Cloud Platform and Gemini results this evening and increasing Anthropic momentum, a near-term Azure acceleration is unlikely, the steadfast tells investors successful a probe note.
Susquehanna downgraded Qualcomm (QCOM) to Neutral from Positive with a terms people of $140, down from $210. The steadfast prefers to determination to the sidelines and hold retired the "memory-related handset storm," modem stock losses successful Apple (AAPL) phones and a longer spending and plan rhythm for caller markets. BofA besides downgraded Qualcomm to Neutral from Buy with a terms people of $155, down from $215.
Citi downgraded Six Flags (FUN) to Neutral from Buy with a terms people of $20, down from $25. The steadfast cites valuation for the downgrade pursuing the stock's 40% emergence disconnected the November lows.
Jefferies downgraded Steven Madden (SHOO) to Underperform from Hold with a terms people of $30, down from $37. The steadfast sees "mounting and persistent" wholesale pressures for Steven Madden, which represents 70% of the company's sales.
JPMorgan downgraded Corteva (CTVA) to Neutral from Overweight with a terms people of $77, up from $75. The steadfast cites valuation for the downgrade.