Street Calls of the Week
Analysts made notable moves this week: Bernstein upgraded Datadog (DDOG) to Outperform with a $350 target, JPMorgan upgraded Intel (INTC) to Neutral, Barclays downgraded NuScale Power (SMR) to Underweight, Piper Sandler upgraded DigitalOcean (DOCN) to Overweight, and RBC downgraded Mobileye (MBLY) to Underperform. Nokia (NOK) also received upgrades from multiple firms. The article highlights a trend of upgrades for stocks that had sold off and downgrades for weaker or rate-sensitive stocks.
How this was made
The 30-second read
Why it matters
Rating changes drive short‑term price moves but lack new fundamental data, limiting actionable insight.
Market read
The article provides a snapshot of analyst sentiment shifts, useful for short‑term traders but low on novel information.
What to watch
Potential macro‑economic headwinds could mute the impact of these rating changes.
Background
Weekly analyst rating roundup covering upgrades and downgrades across tech, mining, and AI‑related stocks.
Ticker impact
Datadog upgraded to Outperform with target raise to $350, shares up 6.36% premarket.
likely upward pressure as traders price in the higher target.
Analyst upgrade with a sizable target increase and immediate share rally.
JPMorgan upgraded Intel to Neutral from Underweight, shares rose 5.89% premarket.
potential modest upside as market digests the neutral stance.
Upgrade is modest and still below prior rating, limiting impact.
NuScale Power downgraded to Underweight, target cut to $5, shares fell 6.5% premarket.
downward pressure as investors react to lower target.
Significant target cut and downgrade on a small‑cap stock.
DigitalOcean upgraded to Overweight, target trimmed to $126, shares rose ~5% premarket.
upward bias as market prices the improved outlook.
Analyst view shift with a modest target reduction but clear upside.
Mobileye downgraded to Underperform, shares slipped 4.1% premarket.
downward pressure as investors react to weaker rating.
Rating downgrade without new fundamental data.
Newmont downgraded to Hold, target cut to $116, shares fell 4.1% morning trading.
downward pressure from reduced target and downgrade.
Analyst action reflects cost‑inflation concerns.
Nokia upgraded to Buy by multiple banks, shares rose 4.3% premarket to $8.22.
upward bias as market absorbs buy ratings.
Multiple upgrades and a clear price move.
Market effects
Highlights AI‑related and cost‑sensitive sectors experiencing rating shifts.
Primarily U.S. equity market, modest influence on broader indices.
Limited; reflects analyst sentiment rather than macro drivers.
Counterpoint
Some upgrades may be premature given broader market volatility.
Key entities
- Research FirmBernstein
Upgraded Datadog.
- Research FirmJPMorgan
Upgraded Intel.
- Research FirmBarclays
Downgraded NuScale Power.
