Here Are Tuesday’s Top Wall Street Analyst Research Calls: Block, CrowdStrike, Fortinet, MongoDB, Mosaic, Palo Alto Networks, Unity Software, and More

Pre-Market Stock Futures:

Futures are down big as oil shoots higher on Tuesday.  After a big early morning sell-off on Monday, the buy-the-dip buyers returned with a vengeance, and by the end of the Monday session, all of the major indices had recovered from the early heavy selling. The Dow Jones Industrial Average, which was down almost 600 points in the morning, closed down just 0.13% at 48,904. Both the S&P 500 and the Nasdaq recouped all of their early losses and closed modestly higher at 6,881 and 22,748, respectively. The big winner on the day was the small-cap Russell 2000, which is still the leading index for 2026, up 6.3% on the year, and closed 0.82% higher at 2,654. History tells us the stock market typically ignores geopolitics. Still, some on Wall Street were quick to point out that the closure of the Strait of Hormuz could complicate matters as oil prices have exploded higher, and some feel a protracted closure could push oil to $100. See why a 33% move higher in oil is possible. 

Treasury Bonds:

Yields were higher across the entire Treasury curve, and the buy-the-rumor-sell-the-news axiom could not be more relevant than on Monday. Bond traders and investors could see the safe-haven run coming from a mile away, as yields plummeted over the last few weeks with steady buying, but with the world not coming to an end, at least this week, sellers emerged to take profits. The yield on the 30-year long bond jumped to 4.68%, while the yield on the benchmark 10-year note finished the day at 4.04%.

Oil and Gas:

As expected, prices across the energy complex exploded higher after the attack on Iran. While they leveled off as the day progressed on Monday, it’s a solid bet that, until the Strait of Hormuz is reopened and the fighting slows, prices will remain elevated, as evidenced by this morning’s spike, with both major indices up almost 9%. Brent Crude closed trading on Monday at $78.14, up 7.23%, while West Texas Intermediate was last seen at $71.28, up 6.36%. Both of which were trading up 10% and more during the weekend. Natural gas closed Monday at $2.99, up 4.51%, after QatarEnergy halted production of liquefied natural gas (LNG) at its major facilities in Ras Laffan and Mesaieed following drone attacks attributed to Iran. This shutdown impacts about 20% of the global LNG supply. 

Gold:

Needless to say, the ultimate safe-haven investment had a strong day on Monday following the events in the Middle East. After jumping higher on the open, gold retreated as equity markets rebounded, but still finished the day at $5,320, up 0.81%, as it closed in on the all-time high at $5,589. Silver actually had just the opposite day after a huge rebound last week. It finished the Monday session at $89.20, down 4.76%. 

Crypto:

Cryptocurrencies rose nearly 5% on Monday, surging above and reversing a brutal weekend slump triggered by Middle East tensions. The rally was driven by a combination of a short squeeze, liquidations, and renewed spot ETF inflows, despite broader market uncertainty. The big move higher on Monday was largely attributed to short-squeeze metrics, as those betting against digital currencies have been leaning into the trade for the better part of the last 6 months. At 8 AM EST, Bitcoin was reported trading at $67,399, while Ethereum was quoted at $1,966. 

24/7 Wall St. reviews dozens of analyst research reports daily to identify new investment ideas for both investors and traders. Some of these daily analyst calls cover stocks to buy. Other calls cover stocks to sell or avoid. Remember that no single analyst call should ever be used as a basis to buy or sell a stock. 

Here are some of the top Wall Street analyst upgrades, downgrades, and initiations seen on Tuesday, March 3, 2026.  

Upgrades:

• Block Inc. (NYSE: XYZ) was upgraded to Buy from Hold at HSBC, which bumped the price target to $77 from $70.
• Innovative Industrial Properties Inc. (NYSE: IIPR) was upgraded to Neutral from Underperform at Compass Point with a $45 target.
• Novo Nordisk S/A (NYSE: NVO) was upgraded to Equal Weight from Underweight at Morgan Stanley, which trimmed the target price for the shares to $40 from $42.
• Palo Alto Networks Inc. (NASDAQ: PANW | PANW Price Prediction) was upgraded to Buy from Sell at Arete, which lifted the target price for the company to $185 from $150.
• Unity Software Inc. (NYSE: U) was raised to Neutral from Underperform at Bank of America, which nudged the price target to $19 from $18.

Downgrades:

• MongoDB Inc. (NASDAQ: MDB) was downgraded to Neutral from Outperform at Baird, which slashed the target price for the stock to $260 from $500
• Mosaic Company (NYSE: MOS) was downgraded to Equal Weight from Overweight at Baird, which keeps a $31 target price.
• Sabre Corp. (NASDAQ: SABR) was cut to Market Perform from Outperform at Bernstein with a $1.50 target price.
• Select Medical Holdings Corp. (NYSE: SEM) was cut to Sector Perform from Outperform at RBC Capital, which trimmed the target price for the company to $16.50 from $19.
• UniQure NV (NASDAQ: QURE) was cut to Neutral from Outperform at Mizuho, which hammered the target price to $12 from $33.

Initiations:

• CrowdStrike Holdings Inc. (NASDAQ: CRWD) was started with an Overweight rating at Wells Fargo, with a $450 target price objective.
• Fortinet Inc. (NASDAQ: FTNT) was initiated with an Underweight rating at Wells Fargo, which has a $64 target price. 
  
• Once Upon a Farm Inc. (NYSE: OFRM) was initiated with a Buy rating at Goldman Sachs, which has a $43 target price for the stock owned in part by actress Jennifer Garner, which was a recent successful IPO. JPMorgan initiated coverage with an Overweight rating and a $29 target, while TD Cowen initiated coverage with a Hold rating and a $26 target.
• Otis Worldwide Corp. (NYSE: OTIS) was initiated with an Outperform ratingat BNP Paribas, which has set a $109 target price for the shares.
• Spyglass Pharma Inc. (NASDAQ: SGP) was initiated with a Buy rating at Jefferies, with a $62 target price. Stifel initiated coverage with a Buy rating and a $42 target, while Citigroup began coverage with a Buy rating and a $42 target. This was another recent IPO that has done well.