Here Are Friday’s Top Wall Street Analyst Research Calls: Deckers Outdoor, Globe Life, Guardant Health, Hess Midstream LP, Kimberly-Clark, Natera, NVR, SpaceX, Thermo Fisher Scientific, and More
Wall Street analyst research calls for Friday include upgrades for Hess Midstream LP (HESM) to Outperform, MSC Industrial (MSM) to Overweight, and SpaceX (SPCX) to Buy. Downgrades include Deckers Outdoor (DECK) to Underweight, Globe Life (GL) to Neutral, and NVR (NVR) to Underperform. Initiations include Guardant Health (GH) and Natera (NTRA) with Buy ratings. Markets saw declines, with Nasdaq down 2.6% and Treasury yields dropping sharply.
How this was made
The 30-second read
Why it matters
Analyst rating changes provide fresh price targets and sentiment cues, but the overall market environment remains driven by macro factors like Treasury yields and oil prices.
Market read
Rating updates offer short‑term trading ideas, yet broader macro dynamics may outweigh individual stock moves.
What to watch
Macro backdrop of falling Treasury yields and oil price spikes could dominate price action over individual analyst opinions.
Background
The article aggregates analyst upgrades, downgrades, and initiations released on Friday, October 23, 2026, after a volatile market session.
Ticker impact
Hess Midstream LP was upgraded to Outperform with a $32 target price.
likely upward pressure as investors price in higher target.
Analyst raised rating and set a concrete price target.
MSC Industrial Direct was raised to Overweight with a $135 target price.
upward pressure from increased buying interest.
Higher rating and target signal stronger outlook.
Skydance Corporation was resumed and upgraded to Neutral.
limited movement, possible modest upside.
Resumption removes trading halt; neutral stance tempers expectations.
Space Exploration Technologies was upgraded to Buy with a $250 target price.
upward pressure as investors target higher price.
Significant target increase from $75 to $250.
Valley National Bancorp was upgraded to Outperform with a $17 target price.
potential upward move.
Higher rating and target indicate better outlook.
Deckers Outdoor was downgraded to Underweight with a $75 target price.
likely downward pressure.
Lower rating and reduced target price.
First Industrial Realty Trust was downgraded to Outperform from Strong Buy.
possible slight decline.
Rating cut despite still positive outlook.
Globe Life was downgraded to Neutral with a $165 target price.
downward pressure expected.
Rating cut and lower target.
Market effects
Broad analyst rating changes may influence sector sentiment, especially in industrials and biotech.
U.S. equity markets may see modest volatility as upgrades and downgrades filter through.
Limited; primarily U.S. equities.
Counterpoint
Some upgrades may be premature given broader market weakness; caution on buying on rating changes alone.
Key entities
- companyHess Midstream LP
Upgraded to Outperform
- companyMeta Platforms
Negative free cash flow reported
