Here Are Friday’s Top Wall Street Analyst Research Calls: Baker Hughes, Etsy, HubSpot, Instacart, JetBlue, Roku, SpaceX, Tower Semiconductor, Trade Desk, and More

Etsy was upgraded to Overweight from Neutral at JPMorgan, with a raised target price to $100 from $85.

Mild positive bias for the next session or two, with follow-through depending on broader tape and earnings calendar.

The article provides a concrete rating change and target revision, but it is still secondary research rather than a primary company disclosure.

Instacart was upgraded to Neutral from Underperform at BNP Paribas, with a $56 target price.

Slightly positive to neutral near term, likely more supportive than catalytic.

A rating change and PT update are actionable, but the piece does not include new fundamentals or company-specific events beyond the analyst note.

HubSpot was cut to Market Perform from Outperform at BMO Capital, trimming the target to $215 from $230.

Downward bias over the next few sessions, especially if the market is sensitive to guidance and rates.

The article includes a specific downgrade and PT reduction, but it is still an analyst-driven catalyst rather than a new earnings or guidance print.

JetBlue was downgraded to Sell from Neutral by Citigroup, lowering the target to $5.30 from $6.60.

Moderately negative bias for the next session or two, contingent on macro and airline-specific news flow.

The downgrade is concrete, but the article does not provide new operational or financial data to validate a fundamental reset.

Roku was downgraded to Neutral from Buy at Guggenheim, with the target lifted to $160 from $145.

Likely range-bound to mildly positive, with direction depending on how traders weigh rating vs PT.

The article provides the rating and PT changes, but without the underlying thesis, it is hard to infer net impact on expectations.

Trade Desk was downgraded to Neutral from Outperform at Baird, slashing the price target to $9 from $27.

Negative bias with potential for sharper downside if the market treats the PT cut as a fundamental de-rating.

The magnitude of the PT reduction is substantial, but the article does not include new company disclosures or data to confirm the rationale.

Quanta Services was raised to Overweight from Sector Weight at KeyBanc, with an $807 target.

Mild positive bias near term, especially if industrial/infrastructure sentiment is improving.

Concrete rating and PT change are provided, but the article lacks new project awards or guidance.

Space Exploration Technologies was upgraded to Buy from Hold at Argus, with a $160 target.

Slight positive bias near term, with volatility likely.

The article gives the rating and PT, but does not provide new operational milestones or financial results.