Reddit initiated, Netflix upgraded: Wall Street's top analyst calls

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The Fly

Mon, Mar 17, 2025, 6:40 AM 4 min read

MoffettNathanson upgraded Netflix (NFLX) to Buy from Neutral with a terms people of $1,100, up from $850. The steadfast believes the company's quality to monetize its engagement remains underappreciated.
William Blair upgraded DocuSign (DOCU) to Outperform from Market Perform. The steadfast is bullish connected the marketplace accidental for the company's Intelligent Agreement Management level and the quality of a caller merchandise rhythm to reaccelerate maturation backmost to treble digits.
DA Davidson upgraded Monday.com (MNDY) to Buy from Neutral with a $350 terms target. The firm, which says it has "always viewed Monday.com arsenic a large institution whose shares reasonably reflected its premium quality," calls the caller pullback "an opportune clip to instrumentality a 2nd look astatine an charismatic introduction point."
Baird upgraded Accenture (ACN) to Outperform from Neutral with an unchanged terms people of $390. The steadfast expects the company's fiscal Q2 to bushed estimates "mildly" and views its Managed Services request to beryllium strong, which is 50% of revenue.
UBS upgraded Blackstone (BX) to Buy from Neutral with an unchanged terms people of $180. The steadfast believes the caller 27% selloff successful the shares "provides a model to put successful a premier" alternate concern level with structural and standard advantages astatine a tenable valuation.

Top 5 Downgrades:

H.C. Wainwright downgraded Sutro Biopharma (STRO) to Neutral from Buy with a terms people of $2, down from $12, aft the institution announced a strategical realignment focused connected advancing its next-generation antibody-drug conjugate pipeline portion deprioritizing luvelta owed to fiscal constraints.
Wells Fargo downgraded TriplePoint Venture (TPVG) to Underweight from Equal Weight with a terms people of $6.50, down from $7.50. The steadfast sees accrued imaginable for a dividend chopped successful 2026 contempt TriplePoint's just-recent lowering from 40c to 30c successful Q2.
Wells Fargo downgraded FS KKR Capital (FSK) to Underweight from Equal Weight with a terms people of $19, down from $21. While the dividend is poised to gully connected FS KKR's "outsized" spillover equilibrium done 2025, the resulting nett plus worth diminution and uncertainty implicit its 2026 payout are apt to measurement connected the stock's valuation, the steadfast tells investors successful a probe note.
Wells Fargo downgraded Cion Investment (CION) to Underweight from Equal Weight with a terms people of $10, down from $11. The steadfast cites the company's accrued likelihood of a basal dividend chopped successful 2025 for the downgrade.
Evercore ISI downgraded EastGroup Properties (EGP) to In Line from Outperform with a terms people of $185, up from $181. The steadfast says that portion EastGroup's shallow bay concern portfolio remains good leased astatine 97% and request inactive remains coagulated contempt tariff concerns, the implied stock upside is constricted based connected the stock's $180 closing terms connected Friday.