Alphabet, Nvidia upgraded: Wall Street’s top analyst calls

Alphabet, Nvidia upgraded: Wall Street’s top analyst calls

By The Fly
Publication Date: 2026-02-23 14:32:00

The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors need to know, as compiled by The Fly.

Top 5 Upgrades: 

  • Wells Fargo upgraded Alphabet (GOOGL) to Overweight from Equal Weight with a price target of $387, up from $354. The company has a leadership position in the “three key traits” of an AI winner, namely customer data, distribution, and compute capacity, the firm tells investors in a research note.

  • Aletheia upgraded Nvidia (NVDA) to Buy from Hold with a $250 price target. The firm views the stock as “too cheap to ignore” into Nvidia’s Q4 report, which it expects to top expectations.

  • Lake Street upgraded Tandem Diabetes (TNDM) to Buy from Hold with a price target of $50, up from $14. The firm believes Tandem’s transition to a pharmacy model will result in more predictable growth, improved margins, and meaningful free cash flow.

  • UBS upgraded BlackRock (BLK) to Buy from Neutral with a $1,280 price target. The upgrade is supported by strong Q4 results, positive commentary at the UBS Financials conference, and a solid start to Q1 flows, the firm tells investors in a research note.

  • Baird upgraded Henry Schein (HSIC) to Outperform from Neutral with a price target of $100, up from $78. The firm believes the bias across its dental names remains to the upside.

Top 5 Downgrades:

  • Jefferies downgraded Workday (WDAY) to Hold from Buy with a price target of $150, down from…