Here Are Tuesday’s Top Wall Street Analyst Research Calls: Amgen, Baidu, Best Buy, Circle Internet, Corning, Intel, Lockheed Martin SpaceX, TeraWulf and More
Intel (INTC) upgraded to Outperform with $120 target at Northland. Lockheed Martin (LMT) upgraded to Buy with $674 target at UBS. SpaceX (SPCX) initiated Buy with $220 target at Pivotal. August payrolls exceeded expectations, increasing rate hike odds. Bitcoin volatile post-jobs report, trading at $78,210.
How this was made
The 30-second read
Why it matters
Rating upgrades and downgrades provide fresh signals for traders, but macro data dominates short‑term market direction.
Market read
While individual rating changes can move stocks, the broader market is likely driven by upcoming inflation data.
What to watch
The impact of the upcoming CPI and PPI releases could outweigh rating changes.
Background
The article aggregates analyst rating changes released on September 8, 2026, following a strong jobs report that may influence Fed policy.
Ticker impact
Intel was upgraded to Outperform at Northland with a $120 target price.
Modest upside if market digests upgrade.
Upgrade with target suggests near‑term price appreciation.
Lockheed Martin was lifted to Buy at UBS with a $674 target price.
Possible short‑term rally.
Analyst upgrade signals stronger outlook.
Amgen was downgraded to Market Perform from Outperform at BMO Capital, $450 target.
Potential downside pressure.
Lower rating may trigger sell‑offs.
Baidu was downgraded to Neutral from Buy at Arete, $108 target.
Modest downside risk.
Reduced outlook could lead to sell pressure.
Best Buy was cut to Neutral from Buy at DA Davidson, $95 target.
Sideways to slight down move.
Analyst view softened.
Gulfport Energy was downgraded to Underweight from Overweight at JPMorgan, target $194.
Potential decline.
Weaker rating reflects concerns.
Palo Alto Networks was cut to Neutral from Buy at Phillip Securities, $346 target.
Limited upside.
Analyst reduced confidence.
Eaton Corporation was upgraded to Buy from Neutral at Aretem, $515 target.
Potential upside.
Upgrade signals stronger outlook.
Market effects
Broad upgrades/downgrades affect technology, industrials, and energy sectors.
U.S. equity markets may see modest shifts in response to the rating changes.
Limited to U.S. listed companies; minimal global spillover.
Counterpoint
Some upgrades may be premature given macro headwinds from strong jobs data.
Key entities
- Research FirmNorthland
Provided Intel upgrade.
- Research FirmUBS
Provided Lockheed Martin upgrade.
