Wall Street Analysts Issue Latest Research Calls: Intel Upgraded, Texas Instruments Initiated

In the latest flurry of research calls from Wall Street analysts, several notable upgrades and downgrades have been issued, providing insights into key market movers. Here’s a breakdown of the top recommendations from today’s reports:

Intel (INTC) Upgraded by Wolfe Research: After a challenging period for Intel, Wolfe Research has upgraded the semiconductor giant to Peer Perform from Underperform. With the stock down significantly year-to-date and sentiment subdued, Wolfe Research sees a more balanced risk-reward profile for Intel.

Wayfair (W) Receives Upgrade from Argus: Argus has upgraded online home furnishings retailer Wayfair to Buy from Hold, citing growth in orders and active users as catalysts for revenue growth. The firm believes that despite a weak start to the year, Wayfair is poised for improvement.

3M (MMM) Gets Upgrade from Vertical Research: Vertical Research has upgraded industrial conglomerate 3M to Buy from Hold, citing a favorable risk-reward profile. Despite uncertainties in 3M’s outlook, the firm sees upside potential for the stock.

GoodRx (GDRX) Upgraded by Raymond James: Raymond James has upgraded digital healthcare platform GoodRx to Outperform from Market Perform, citing renewed focus from management. The firm believes GoodRx’s relationship with its retail network has stabilized better than expected.

Trupanion (TRUP) Receives Upgrade from BofA: BofA has upgraded pet insurance provider Trupanion to Buy from Neutral, anticipating improved earnings ahead. The firm believes Trupanion is well-positioned in a cyclical industry.

On the downside, several companies have faced downgrades, including Cirrus Logic, Valero, Inotiv, Occidental Petroleum, and EOG Resources, each facing their own unique challenges.

Investors should carefully consider these research calls alongside their own due diligence to make informed decisions in the market.

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