Here Are Monday’s Top Wall Street Analyst Research Calls: AGCO Corporation, Deere & Co., Edison International, Lumentum Holdings, PG&E, Sempra Energy, STAG Industrial, Ticketplus, and More
Wall Street analysts made several calls: Baird upgraded AGCO to $150 and Deere to $800, while Mizuho downgraded Edison International and Sempra Energy. Evercore ISI initiated Lumentum at Outperform with a $1,100 target, and Roth Capital started Ticketplus at Buy with a $14 target. Markets closed lower Friday due to Fed rate-hike concerns, with Treasury yields rising and major indices down.
How this was made
The 30-second read
Why it matters
Analyst rating and price-target changes are the only company-specific catalysts provided, but the broader macro backdrop (higher yields, risk-off indices) likely dominates near-term price action.
Market read
Use the analyst actions as short-term sentiment inputs, but expect macro-driven volatility to overwhelm most single-name effects.
What to watch
The article provides no thesis details behind each rating change, so traders should treat these as sentiment signals rather than fundamental re-ratings.
Background
The piece frames the tape around hawkish Jackson Hole commentary by Fed Chairman Warsh, lifting September rate-hike odds and pushing yields higher.
Ticker impact
Baird upgraded AGCO to Outperform and raised its target to $150 from $120, changing the Street stance.
Mild positive bias for the next session(s), with follow-through dependent on broader rates sentiment.
The article provides a clear rating/target change, but no new company-specific operating data.
Baird upgraded Deere to Outperform and lifted its price target to $800 from $640, resetting expectations.
Moderately positive drift around the open, likely capped by macro-driven volatility.
The catalyst is a rating/target change only; the piece lacks Deere-specific fundamentals.
Mizuho downgraded Edison International to Neutral and cut its target to $70 from $86.
Downward bias for the next session(s), unless offset by sector/rates tailwinds.
Clear analyst action with a specific target cut, but no new earnings or regulatory development.
Mizuho downgraded Sempra Energy to Neutral and slashed its target to $84 from $104.
Mild-to-moderate negative bias near-term, sensitive to utility-rate narratives.
The article contains only analyst rating/target changes, not new Sempra events.
Evercore ISI initiated Lumentum at Outperform with a $1,100 price target.
Potential positive pop, but magnitude uncertain without additional thesis details.
Initiation is supportive, yet the article provides no underlying drivers beyond the target number.
Roth Capital initiated Ticketplus at Buy with a $14 price target.
Small positive bias, likely limited by broader market risk-off tone.
The piece lacks company-specific catalysts beyond the initiation and target.
Baird raised STAG Industrial to Outperform from Neutral with a $42 target.
Slight positive drift, though REITs remain rate-sensitive.
Analyst upgrade is concrete, but no new STAG operational data is provided.
BMO Capital downgraded PG&E to Market Perform and trimmed its target to $21 from $28.
Negative bias for the next session(s), with volatility tied to rates.
The article provides a specific downgrade and target reduction, but no new PG&E event.
Market effects
Rates-sensitive sectors (utilities, REITs) may react more to the hawkish Fed backdrop than to individual PT changes.
US-focused; broader index weakness and higher Treasury yields set a risk-off tape for all listed names.
Limited direct global linkage beyond the US rates narrative and general risk sentiment.
Counterpoint
Analyst upgrades and downgrades may have limited follow-through when the dominant driver is macro, with yields and risk appetite moving more than single-name PT revisions.
Key entities
- equityAGCO Corporation
Upgraded to Outperform by Baird with target raised to $150 from $120.
- equityDeere & Company
Upgraded to Outperform by Baird with target raised to $800 from $640.
- equityEdison International
Downgraded to Neutral by Mizuho with target cut to $70 from $86.
- equitySempra Energy
Downgraded to Neutral by Mizuho with target cut to $84 from $104.
- equityLumentum Holdings
Initiated at Outperform by Evercore ISI with target $1,100.
