3 Tech Stocks Wall Street Upgraded Last Week, and the One I'd Buy First
Wall Street upgraded Microsoft (MSFT), Palantir (PLTR), and Marvell (MRVL) last week. Microsoft was upgraded to buy with a $665 target, Palantir to buy with a $230 target, and Marvell to buy with a $350 target. Each company has growth catalysts, with Marvell offering the best valuation.
How this was made
The 30-second read
Why it matters
The upgrades collectively suggest renewed confidence in AI‑driven growth, potentially lifting related tech equities.
Market read
Fresh analyst upgrades with concrete price targets provide actionable catalysts for the three stocks.
What to watch
Potential execution risk for Microsoft’s data‑center capacity expansion and Marvell’s reliance on a few AI customers.
Background
Three prominent tech stocks received analyst upgrades this week, each with new price targets and growth theses.
Ticker impact
Melius Research upgraded Microsoft to buy with a $665 price target, implying ~25% upside.
likely upside as investors price in the $665 target
Upgrade is fresh and includes a concrete target, prompting buying interest.
Goldman Sachs upgraded Palantir to buy with a $230 price target, implying ~10% upside.
moderate upside as the market digests the new target
New upgrade and target provide fresh catalyst, though upside is limited.
TD Cowen upgraded Marvell to buy with a $350 price target, implying ~27% upside.
significant upside as investors react to the $350 target
Upgrade is fresh, includes a large upside estimate, and follows investor day highlights.
Market effects
Positive sentiment for AI‑related hardware and software firms.
U.S. tech sector may see modest gains from the upgrades.
Limited to investors tracking large‑cap tech equities.
Counterpoint
Some investors may view the upgrades as over‑optimistic given valuation multiples.
Key entities
- Analyst FirmMelius Research
Upgraded Microsoft to buy.
- Analyst FirmGoldman Sachs
Upgraded Palantir to buy.
- Analyst FirmTD Cowen
Upgraded Marvell to buy.
