By The Fly
Publication Date: 2025-12-03 14:35:00
The most talked-about and market-moving research calls around Wall Street are now in one place. Here are today’s research calls investors need to know, compiled by The Fly.
Top 5 upgrades:
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Arete has been updated Above (ABOVE) to Buy at Neutral with a price target of $125 (from $82). The company believes investors’ concerns about competition from autonomous vehicles are overblown.
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Arete has been updated Lyft (LYFT) from Sell to Neutral with a price target of $20 (previously $10). While Lyft doesn’t have the number of autonomous vehicle partnerships that Uber currently has, it may be able to incorporate Amazon’s (AMZN) Zoox in 2026, the company tells investors in a research note.
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Longbow improved Garmin (GRMN) to Buy at Neutral with a price target of $250. The company says the recent 25% selloff in shares is an overreaction to the prospect that the company’s 2026 revenue growth will be hurt by a gap in its automotive sales in the first half of 2026.