Oracle initiated, Uber upgraded: Wall Street’s top analysts are calling

Oracle initiated, Uber upgraded: Wall Street’s top analysts are calling

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:

  • 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.

  • 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.

  • 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.

  • Morgan Stanley has upgraded Vertex Pharmaceuticals