By Michael Bloom
Publication Date: 2026-01-08 13:48:00
Here are Thursday’s biggest calls on Wall Street: Evercore ISI upgrades Roku to outperform from in line Evercore said it sees a slew of positive catalysts ahead. “We are upgrading ROKU from In Line to Outperform, raising estimates, and raising our price target from $105 to $145.” Bank of America upgrades Coinbase to buy from neutral Bank of America said buy the dip. “We are upgrading COIN to Buy from Neutral. While the stock is off 40% from its July highs, under the surface of the 4Q25 crypto correction the company’s product velocity has increased and its TAM expanded in parallel.” UBS initiates Bread Financial as buy UBS said the turnaround is happening for the lending and saving company. “We initiate coverage of BFH with a Buy rating and a $92 price target, as we think the franchise is approaching the next chapter of its turnaround.” Needham downgrades Nike to hold from buy Needham said the turnaround is taking too long. “On the flip side, we are downgrading shares of NKE to Hold from Buy, as the turnaround is progressing slower than we expected, we’re concerned about the recent level of sell-in to the North America wholesale channel, China appears highly problematic, and Street numbers for the next 12-24 months look too high to us.” BMO upgrades Tyson Foods to outperform from market perform BMO said it sees a “beefier outlook” for Tyson Foods. “Our upgrade reflects our view that improving US industry beef margins driven by capacity rationalization will combine with…