Netflix, Tesla downgraded: Wall Street's top analyst calls

1 week ago 7

The Fly

Mon, December 8, 2025 astatine 8:45 AM CST 4 min read

The astir talked astir and marketplace moving probe calls astir Wall Street are present successful 1 place. Here are today's probe calls that investors request to know, arsenic compiled by The Fly.

Top 5 Upgrades:

Truist upgraded Five Below (FIVE) to Buy from Hold with a terms people of $216, up from $179. The company's Q3 study is simply a "game changer," the steadfast tells investors successful a probe note.
TD Cowen upgraded Ulta Beauty (ULTA) to Buy from Hold with a terms people of $725, up from $600. The steadfast sees the caller CEO and absorption squad driving stronger merchandising, "disciplined" promotions and planetary growth.
Morgan Stanley upgraded General Motors (GM) to Overweight from Equal Weight with a terms people of $90, up from $54, pursuing a alteration successful expert coverage. The steadfast adjusted ratings successful the autos and shared mobility radical arsenic portion of its 2026 outlook.
BofA upgraded Synopsys (SNPS) to Neutral from Underperform with a terms people of $500, down from $525. The FY26 outlook connected its upcoming EPS telephone connected December 10 could beryllium "the clearing event" to assistance code anterior concerns astir unexplained weakness successful its China and the Intel (INTC) IP concern arsenic good arsenic precocious near-term Ansys integration costs, the steadfast tells investors.
HSBC upgraded Visa (V) to Buy from Hold with a terms people of $389, up from $335. Valuation and beardown fiscal show underpins the firm's much affirmative stance connected Visa, arsenic its charismatic fiscal algorithm remains intact arsenic services make outsized growth.

Top 5 Downgrades:

Rosenblatt downgraded Netflix (NFLX) to Neutral from Buy with a terms people of $105, down from $152, aft the "surprise announcement" of a $83B EV and $72B equity worth statement to get Warner Bros.' (WBD) studios and HBO businesses. Pivotal Research besides downgraded Netflix to Hold from Buy with a terms people of $105, down from $160.
Morgan Stanley downgraded Rivian (RIVN) to Underweight from Equal Weight with an unchanged terms people of $12, pursuing a alteration successful expert coverage. Morgan Stanley is "leaning much cautious" into adjacent year, saying the electrical conveyance "winter" volition prolong done 2026. The steadfast besides downgraded Lucid Group (LCID) to Underweight from Equal Weight with a terms people of $10, down from $30.
Morgan Stanley downgraded Tesla (TSLA) to Equal Weight from Overweight with a terms people of $425, up from $410, aft assuming sum nether a caller analyst. The steadfast sees Tesla becoming a marketplace person crossed autonomous mobility, renewable energy, and robotics. However, with the shares astatine trading astatine 30-times estimated 2030 EBITDA and imaginable downside to statement estimates successful the near-term, Morgan Stanley prefers to await a amended introduction point. Morgan Stanley's 2026 car measurement forecast for Tesla is present 13% beneath statement owed to a much cautious electrical conveyance manufacture outlook. It besides believes Tesla's "non-auto catalyst path" is already priced into the shares.
Deutsche Bank downgraded 3M (MMM) to Hold from Buy with a terms people of $178, down from $199. The steadfast present sees "only precise low-single digit upside" to statement estimates done 2028.
Benchmark downgraded Marvell (MRVL) to Hold from Buy and removed the firm's terms people connected shares. Following "extensive manufacture meetings" during the firm's caller Silicon Valley autobus tour, the steadfast present has "a precocious grade of conviction" that the institution has mislaid some Amazon's (AMZN) Tranium 3 and 4 designs to its Taiwanese competitor, Alchip, and views this arsenic the superior origin successful the company's projected slowing to lone 20% XPU maturation successful calendar 2026.