Weekly recap

Wall Street analyst calls: Aug 17 – Aug 23, 2026

43 research notes from 24 Wall Street firms on 16 companies. 1 upgrade, 0 downgrades, 8 initiations, 6 price-target increases and 5 cuts.

1Upgrades0Downgrades8Initiations6Targets raised5Targets cut43All notes

Upgrades 1

BernsteinAnalog DevicesBuyBernstein · Upgraded, raised price target +8% · Aug 19 $465from $430

New coverage 8

DZ BankSpaceXSellDZ Bank · Initiated coverage · Aug 21 $100 BMO CapitalMarvellBuyBMO Capital · Initiated coverage · Aug 21 $250 BMO CapitalAnalog DevicesBuyBMO Capital · Initiated coverage · Aug 21 $430 BMO CapitalAMDBuyBMO Capital · Initiated coverage · Aug 21 $550 BMO CapitalBroadcomBuyBMO Capital · Initiated coverage · Aug 21 $455 BMO CapitalNVIDIABuyBMO Capital · Initiated coverage · Aug 21 $340 BMO CapitalMicronBuyBMO Capital · Initiated coverage · Aug 20 RosenblattAlphabet (Google)BuyRosenblatt · Initiated coverage · Aug 19 $410

Biggest price-target increases 6

TD CowenMarvellBuyTD Cowen · Raised price target +13%, kept rating · Aug 18 $225from $200 JP MorganAnalog DevicesBuyJP Morgan · Raised price target +11%, kept rating · Aug 20 $500from $450 BernsteinAnalog DevicesBuyBernstein · Upgraded, raised price target +8% · Aug 19 $465from $430 Morgan StanleyAnalog DevicesBuyMorgan Stanley · Raised price target +7%, kept rating · Aug 20 $458from $428 UBSMarvellBuyUBS · Raised price target +3%, kept rating · Aug 20 $310from $300 NeedhamAnalog DevicesBuyNeedham · Raised price target +2%, kept rating · Aug 20 $450from $440

Biggest price-target cuts 5

CitiLucidBuyCiti · Cut price target −21%, kept rating · Aug 18 $11from $14 Goldman SachsMarvellBuyGoldman Sachs · Cut price target −12%, kept rating · Aug 17 $300from $340 Morgan StanleyFordHoldMorgan Stanley · Cut price target −7%, kept rating · Aug 20 $14from $15 Wells FargoAnalog DevicesBuyWells Fargo · Cut price target −3%, kept rating · Aug 20 $500from $515 Morgan StanleyApplied MaterialsHoldMorgan Stanley · Cut price target −1%, kept rating · Aug 17 $642from $646

Most-covered companies

Marvell 9Analog Devices 8NVIDIA 6Broadcom 3Micron 3Meta 2SpaceX 2Alphabet (Google) 2Oracle 1AMD 1Ford 1Apple 1

Most active firms

BMO Capital 6Mizuho 3Morgan Stanley 3Stifel 3Bank of America 3TD Cowen 3Bernstein 2Oppenheimer 2JP Morgan 2UBS 2StoneX 1DZ Bank 1

All notes 43

  1. Bernstein Reiterates Outperform on Meta, $800 Price Target
  2. Mizuho Reaffirms Outperform on Oracle, $320 Price Target
  3. DZ Bank Initiates SpaceX at Sell, $100 Price Target
  4. BMO Capital Initiates Marvell at Outperform, $250 Price Target
  5. BMO Capital Initiates Analog Devices at Outperform, $430 Price Target
  6. BMO Capital Initiates AMD at Outperform, $550 Price Target
  7. BMO Capital Initiates Broadcom at Outperform, $455 Price Target
  8. Mizuho Reiterates Outperform on Broadcom, $530 Price Target
  9. BMO Capital Initiates NVIDIA at Outperform, $340 Price Target
  10. Benchmark Reiterates Buy on NVIDIA, $335 Price Target
  11. BMO Capital Initiates Micron at Outperform
  12. Oppenheimer Reiterates Outperform on Marvell, $250 Price Target
  13. JPMorgan Boosts Analog Devices Price Target to $500
  14. Oppenheimer Maintains Outperform on NVIDIA, $265 Price Target
  15. Morgan Stanley Cuts Ford Price Target to $14
  16. Morgan Stanley Lifts Analog Devices Price Target to $458
  17. Stifel Reaffirms Buy on Analog Devices, $498 Price Target
  18. Needham Increases Analog Devices Price Target to $450
  19. Wells Fargo Lowers Analog Devices Price Target to $500
  20. UBS Raises Marvell Price Target to $310
  21. Barclays Reiterates Overweight on Marvell, $275 Price Target
  22. JPMorgan Maintains Overweight on Marvell, $240 Price Target
  23. BofA Securities Reiterates Buy on Apple, $380 Price Target
  24. Rosenblatt Initiates Alphabet at Buy, $410 Price Target
  25. Bernstein Upgrades Analog Devices to Outperform, $465 Price Target
  26. Raymond James Reaffirms Strong Buy on Marvell, $235 Price Target
  27. Mizuho Maintains Outperform on Meta, $750 Price Target
  28. Stifel Reiterates Buy on NVIDIA, $282 Price Target
  29. Citi Lowers Lucid Price Target to $11
  30. CLSA Raises TSMC Price Target to NT$3,700
  31. Stifel Reiterates Buy on Marvell, $350 Price Target
  32. TD Cowen Raises Marvell Price Target to $225
  33. TD Cowen Reiterates Buy on Broadcom, $500 Price Target
  34. UBS Affirms Buy on Micron, $1,625 Price Target
  35. GLJ Research Reiterates Sell on Tesla, $24.86 Price Target
  36. TD Cowen Affirms Buy on NVIDIA, $275 Price Target
  37. BofA Securities Reiterates Buy on NVIDIA, $350 Price Target
  38. Morgan Stanley Lowers Applied Materials Price Target to $642
  39. BofA Securities Keeps Buy on Micron, $1,550 Price Target
  40. UBS Lowers Marvell Price Target to $300
  41. Cantor Fitzgerald Reaffirms Overweight on Analog Devices, $550 Price Target
  42. Citizens Maintains Market Outperform on Alphabet, $515 Price Target
  43. Phillip Securities Reiterates Sell on SpaceX, $75 Price Target
Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.