Investors are reacting to a wave of notable stock upgrades and downgrades from top Wall Street firms. Here’s a snapshot of the most impactful analyst calls today, compiled by The Fly.

📈 Top 5 Stock Upgrades

1. Keurig Dr Pepper (KDP)
🔼 HSBC upgrades to Buy (from Hold)
📊 Price Target: $42 → $36
📌 Backed by solid Q1 results and strong brand positioning.

2. Lowe’s (LOW)
🔼 KeyBanc upgrades to Overweight
📊 Price Target: $266
📌 Viewed as a buying opportunity amid share weakness.

3. Procter & Gamble (PG)
🔼 RBC upgrades to Outperform (from Sector Perform)
📊 Price Target: $177 → $164
📌 Encourages investors to capitalize on the recent dip.

4. SolarEdge (SEDG)
🔼 Northland upgrades to Market Perform (from Underperform)
📊 Price Target: $12.50 → $15
📌 Sees bankruptcy risk as unlikely, with $350M net cash forecast.

5. Hasbro (HAS)
🔼 Citi upgrades to Buy (from Neutral)
📊 Price Target: $72
📌 Labeled the biggest surprise post-Liberation Day.

📉 Top 5 Stock Downgrades

1. Global Payments (GPN)
🔽 RBC downgrades to Sector Perform (from Outperform)
📊 Price Target: $86 → $139
📌 Downgrade tied to concerns over the Worldpay deal.

2. Align Technology (ALGN)
🔽 HSBC downgrades to Hold (from Buy)
📊 Price Target: $170 → $290
📌 Reflects macro risks and weak recovery expectations.

3. Canadian Solar (CSIQ)
🔽 Roth downgrades to Neutral (from Buy)
📊 Price Target: $9 → $15
📌 Global module oversupply continues to weigh on business.

4. Iqvia (IQV)
🔽 HSBC downgrades to Hold (from Buy)
📊 Price Target: $160 → $260
📌 Multiples compression forecasted in stagflation scenario.

5. ASGN Inc. (ASGN)
🔽 Canaccord downgrades to Hold (from Buy)
📊 Price Target: $55 → $115
📌 Assignment revenue still under pressure.

🆕 Top Analyst Initiations

• Super Micro (SMCI) – Citi starts at Neutral ($39 PT)

• Sensata (ST) – Wells Fargo starts at Equal Weight ($20 PT)

• Opko Health (OPK) – JPMorgan starts at Neutral

• SoFi Technologies (SOFI) – Citizens JMP starts at Outperform ($17 PT)

• Rocket Lab (RKLB) – Needham starts at Buy ($28 PT)