Wall Street Analysts Issue Major Stock Upgrades and Downgrades Across Tech, Payments and Industrial Sectors
Wall Street analysts released a flurry of investment ratings changes Wednesday, with major upgrades for companies including 3M, Hyatt, and multiple fintech players. Several firms initiated coverage on stocks like Dell, Deere, and AppLovin with bullish outlooks, while others adjusted ratings based on earnings expectations and market positioning.
Technology Sector Receives Mixed Analyst Attention
Wall Street analysts issued numerous significant calls across the technology sector Wednesday, with several major firms adjusting ratings on prominent tech names. According to analyst reports, Piper Sandler initiated coverage of Dell with an overweight rating, suggesting the company should benefit from enterprise datacenter refresh cycles and AI infrastructure buildouts. Similarly, Deutsche Bank began coverage of AppLovin with a buy rating, citing the mobile tech company’s dominant market position in mobile games advertising.
