$MBLY

Oppenheimer upgraded Zoom (ZM) to Outperform with a $130 target, citing new services. Baird upgraded Northrop Grumman (NOC) to Outperform with a $675 target. Erste Group upgraded Intuitive Surgical (ISRG) to Buy. Piper Sandler upgraded DigitalOcean (DOCN) to Overweight with a $126 target. Raymond James upgraded Prologis (PLD) to Outperform with a $163 target. Needham downgraded Netflix (NFLX) to Hold. TD Cowen downgraded Chipotle (CMG) to Hold with a $32 target.

Mobileye (MBLY) shares fell 4.1% premarket after RBC downgraded it to Underperform, citing growth risks. Analyst Tom Narayan lowered the price target to $5.00, citing structural vulnerabilities in its core business model and overreliance on Volkswagen. Concerns include execution delays and shifting automotive industry trends.

Analysts made several calls on Wednesday. Morgan Stanley reiterated Netflix as overweight, lowering its price target but noting double-digit revenue growth. SpaceX was also reiterated as overweight by Morgan Stanley, with Citi adding a positive watch. UBS reiterated Apple as neutral, citing lower wait times for foldable iPhones. Piper Sandler upgraded DigitalOcean to overweight, while TD Cowen downgraded Chipotle to hold.

US futures rise as Fed Chair Warsh's silence is interpreted as dovish, cutting October rate hike odds. Tesla gains 5% after unveiling its 'flying' Roadster. Oil prices fluctuate following Trump's comments on Iran. S&P futures up 0.1%, Nasdaq and Dow futures down 0.2%. Tesla, Fox Corp, Mobileye, and Semtech rise premarket, while Omeros, Travelers, and Truist Financial fall. Goldman Sachs upgrades Zeta Global, sending shares up 4.6%.

Mobileye Global (MBLY) stock rose 4.3% in pre-market trading after Citi initiated coverage with a Buy rating and $11 price target, citing the company's leadership in autonomous driving tech. Morgan Stanley cut its target to $9. The stock is trading at $7.75, with an average 12-month target of $11.25. Earnings for Q3 2026 are due October 29.

Mobileye Global Inc.'s average price target increased from $11.09 to $11.22, suggesting 51% upside. Analysts' forecasts range from $6.95 to $27. The consensus rating is 'Buy' with 11 Buys, 12 Holds, and 1 Sell.

Deutsche Bank reduced its price target for Mobileye Global to $12 from $13 but maintained a buy rating. The company recently announced executive changes, including the appointment of Yaacov Kobi Ohayon as Principal Operating Officer.

Winnebago (WGO) reported Q2 revenue of $698.7M, down 9.9% YoY, missing estimates. It lowered full-year guidance, and its stock fell 8.2%. Mobileye (MBLY) reported $508M in revenue, flat YoY, beating estimates, and raised full-year guidance. THOR Industries (THO) reported $2.31B in revenue, down 8.4% YoY, missing EBITDA and EPS estimates. Its stock fell 3.2%.

UBS lowered its price target for Mobileye Global to $7.50 from $9, maintaining a neutral rating. The stock is currently trading at $7.365, down 1.41% on the day and 29.41% year-to-date. The company recently announced executive changes, including the appointment of Yaacov Kobi Ohayon as Principal Operating Officer.

Analysts this week focused on valuation discipline, trimming winners and cutting stalled growth stories. Key moves: Wells Fargo downgraded FS KKR (FSK) to Underweight with a $10 target, citing credit risks. Stifel upgraded STAAR Surgical (STAA) to Buy, raising its target to $31. Deutsche Bank downgraded Commerzbank (CBKG) to Hold. Citizens downgraded Foghorn Therapeutics (FHTX) after a drug trial failure. UBS downgraded Gurit Holding (GURN) to Neutral.