SpaceX initiated, Salesforce upgraded: Wall Street's top analyst calls

Guggenheim upgraded Salesforce to Buy from Neutral, arguing the “fatal AI bear case” is a hallucination and set a $228 target.

Mild-to-moderate upside bias versus peers on upgrade/target attention; follow-through depends on broader tape.

The article provides a fresh analyst rating change and explicit thesis, but no new company-specific operational datapoint beyond the note’s argument.

Citi upgraded Lockheed Martin to Buy from Neutral, citing “cheap” valuation, improving fundamentals, and Missiles & Fire Control growth themes.

Potential positive drift as traders price in the upgrade; magnitude likely limited without new earnings/contract details.

Upgrade and target change are concrete, but the body lacks fresh LMT-specific financial or contract disclosures.

Guggenheim upgraded Check Point to Buy from Neutral with a $188 target, saying shares trade below intrinsic value if run “hyper efficiently.”

Short-term supportive bias; sustained move requires confirmation from execution toward double-digit growth.

The thesis is specific and includes a target, but it’s still an analyst framing rather than new CHKP results.

Jefferies upgraded Murphy USA to Buy from Hold, raising its price target to $625 on improving fuel margins and execution.

Upside bias likely, especially if the market is already sensitive to fuel-margin expectations.

The article includes a clear rating/target change and operational drivers, but no new company print is provided.

Wolfe Research upgraded Fox Corp. to Outperform, saying the Roku merger shifts the story to “dynamic multi-channel growth” despite near-term dilution.

Moderately positive bias; near-term trading may be capped by merger dilution concerns highlighted in the note.

Upgrade is concrete and merger-related, but the body doesn’t add new deal terms or regulatory/closing updates.

RBC downgraded Dow to Sector Perform from Outperform, cutting its price target to $28 due to declining polyethylene prices.

Downside bias versus prior expectations as traders incorporate weaker commodity tailwinds.

The downgrade includes a specific macro/commodity rationale (polyethylene prices) and a large target cut, making it actionable.

Wolfe Research downgraded Simon Property to Peer Perform from Outperform, citing valuation and calling the all-time high share price a challenging entry point.

Likely mild-to-moderate negative drift; impact depends on whether SPG’s fundamentals can offset valuation concerns.

The thesis is clear but lacks new SPG fundamentals or rate/occupancy datapoints in the article.

Raymond James downgraded Truist Financial to Market Perform from Outperform, saying near- to intermediate-term risk/reward is more balanced.

Slight negative/neutral bias; likely limited without a target change or new fundamental catalyst.

The body provides a downgrade rationale but no quantitative update (no price target, no new event).