$LMT

Here Are Wednesday’s Best Wall Street Analyst Research Calls: Abbott Laboratories, Circle Internet, Dow, Kratos Defense, Lockheed Martin, Salesforce, ServiceNow,SpaceX, and More

247 Wall St. compiled analyst research calls for July 1, 2026, including upgrades/downgrades and new initiations. Citigroup upgraded Lockheed Martin (LMT) to Buy with a $582 target; Guggenheim raised Salesforce (CRM) and ServiceNow (NOW) to Buy with $228 and $125 targets. RBC downgraded Dow (DOW) to Sector Perform, cutting its target to $28. Abbott (ABT) was initiated Outperform at $121; Kratos (KTOS) Outperform at $95.

Original reporting
Published Jul 1, 2026, 12:45 PM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Jul 1, 2026, 1:16 PM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
Here Are Wednesday’s Best Wall Street Analyst Research Calls: Abbott Laboratories, Circle Internet, Dow, Kratos Defense, Lockheed Martin, Salesforce, ServiceNow,SpaceX, and More — source image
Decision brief

The 30-second read

$LMTBullishLow
01

Why it matters

For traders, the actionable element is the specific rating/price-target changes for named US-listed equities; however, the article lacks underlying fundamental updates, limiting conviction.

02

Market read

This is mainly sentiment/positioning information from Street research actions rather than new company fundamentals.

03

What to watch

The article provides ratings/targets but no thesis details; traders should verify whether the notes cite new data (earnings, contracts, trials) before acting aggressively.

Relevance 4/10Novelty 3/10Timing: Wednesday analyst-note roundup (midday) ahead of Q3 positioning

Background

The piece is a multi-ticker roundup of analyst upgrades, downgrades, and initiations on July 1, 2026, alongside a brief market wrap (rates, oil, gold, crypto).

Company-level read

Ticker impact

$LMTBullishMedium confidence
Context

Citigroup upgraded Lockheed Martin to Buy and raised its price target to $582 from $571, changing near-term valuation expectations.

Expected impact

Short-term upside bias; follow-through depends on broader risk appetite and defense-sector tape.

Evidence & confidence

The article provides a concrete rating change and target increase, which typically drives incremental demand and sentiment.

$CRMBullishMedium confidence
Context

Guggenheim raised Salesforce to Buy with a $228 target, moving it from Neutral and resetting the Street’s stance.

Expected impact

Moderate positive bias over days to weeks; magnitude likely limited without new fundamentals beyond the note.

Evidence & confidence

The text discloses a specific upgrade and target, but no new operating data or guidance.

$NOWBullishMedium confidence
Context

Guggenheim upgraded ServiceNow to Buy and set a $125 target from Neutral, signaling improved expectations for the platform.

Expected impact

Short-to-medium term supportive; could fade if broader software multiples compress.

Evidence & confidence

Concrete analyst action is provided, but the article lacks thesis details or company-specific new events.

$DOWBearishHigh confidence
Context

RBC Capital downgraded Dow to Sector Perform and cut its price target to $28 from $51, materially lowering valuation assumptions.

Expected impact

Negative bias; could pressure the stock on any rally as traders reprice the target distribution.

Evidence & confidence

The article includes a substantial target reduction alongside a rating downgrade, which is typically high-impact for sentiment.

$ABTBullishMedium confidence
Context

Baird initiated Abbott Laboratories with an Outperform rating and a $121 target, introducing a new Street baseline.

Expected impact

Mild-to-moderate upside bias initially; follow-through depends on subsequent research and earnings.

Evidence & confidence

The note is a fresh initiation with a stated target, but no new company data is included.

$KTOSBullishMedium confidence
Context

Wedbush initiated Kratos Defense and Security Solutions with an Outperform rating and a $95 target, adding a new bullish catalyst.

Expected impact

Short-term supportive; likely limited without additional thesis specifics.

Evidence & confidence

The article discloses initiation and target, but provides no operational update.

$SPCXBullishLow confidence
Context

Wedbush initiated Space Exploration Technologies (SpaceX) with an Outperform rating and a $190 target, per the article’s initiation list.

Expected impact

Low confidence on tradability/impact; treat as low-quality signal for execution.

Evidence & confidence

The article lists a ticker for SpaceX, but SpaceX is not generally known as a US-listed equity; the information may be unreliable.

$ABVXBullishMedium confidence
Context

Jefferies upgraded Abivax to Buy and lifted its target to $158 from $108, changing the risk/reward view for the biotech.

Expected impact

Near-term upside bias; volatility likely high given biotech-specific risk.

Evidence & confidence

Concrete rating/target change is provided, but no trial/clinical datapoint is included.

Market effects

Defense and software names get incremental bullish Street signals, while industrials (Dow) see a sharper valuation reset.

Primarily US single-name sentiment; no direct cross-region catalyst beyond broad risk appetite context.

Limited; only indirect via sector sentiment and macro backdrop (rates/oil/crypto) mentioned in the wrap.

Counterpoint

Analyst upgrades/downgrades in a promotional “best calls” roundup may already be priced; without new fundamentals, follow-through can fade quickly.

Key entities

  • Citigroup

    Upgraded LMT to Buy and raised its target to $582.

  • Guggenheim

    Upgraded CRM and NOW to Buy with targets of $228 and $125.

  • RBC Capital

    Downgraded DOW to Sector Perform and cut its target to $28.

  • Baird

    Initiated ABT with Outperform and a $121 target.

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