Pre-Market Stock Futures:
Futures are trading lower this morning after negotiations with Iran failed over the weekend, and President Trump indicated the U.S. will block the Strait of Hormuz. This comes as we get set to start the first-quarter earnings season this week, as the major money-center banks and brokerage firms begin to report results today and tomorrow. The stock market ended last week higher, but it was a grind, with big swings throughout. When trading ended Friday, the market posted its best week since November. All the major indices finished Friday lower, except the Nasdaq, which closed at 22,902, up 0.35%. The Dow Jones Industrials were the loss leader on Friday, closing down 0.56% to finish at 47,916, while the Russell 2000 was last seen at 2,630, down 0.22%. The venerable S&P 500 almost broke even by the close, finishing Friday’s session down just 0.11% at 6,816.
Treasury Bonds:
After a solid week for the Treasury market, sellers returned on Friday as yields rose across the entire curve, driven by persistent worries about inflation and perceived growing geopolitical instability in the Middle East, with oil-driven inflation fears continuing to pressure the market. Markets are adjusting to a more hawkish Federal Reserve, as traders price in higher interest rates that lower the value of existing bonds. Plus, there is a major issue for the bond market, given the mounting inflation in recent reports, that there could be no interest rate cuts in 2026. The 30-year-long bond closed Friday at 4.91%, while the benchmark 10-year note closed at 4.32%.
Oil and Gas:
After a wild week across the energy complex, oil finished in positive territory for consumers, as both major benchmarks finished lower on the day, trading below the pivotal and psychological $100 level. Brent Crude closed Friday at $94.29, down 1.60%, while West Texas Intermediate finished the week at $96.57, down 1.33%. Natural gas also finished the day and the week lower, closing at $2.65, down 0.82%.
Gold:
The precious metals complex, like all the other major sectors, finished a volatile week on a quieter note on Friday. Gold closed the session at $4,747, down 0.38%, while Silver closed modestly higher at $75.76, up 0.55%.
Crypto:
Crypto markets traded in a “risk-off” mode on Friday, with Bitcoin holding above $72,000 as investors braced for inflation data that came in higher than expected. The market saw a tentative recovery following a broader corrective phase, with Ethereum holding just above key support levels while trading above the 50-day exponential moving average. The Cryptocurrency arena remains fragile and cautious as market participants analyze March’s hot Consumer Price Index (CPI) data, which indicated mounting inflationary pressure. At 7 AM EDT, Bitcoin was trading at $70,825, while Ethereum was quoted at $2, 184.
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 Monday, April 13, 2026.
Upgrades:
- Bilibili Inc. (NASDAQ: BILI) was upgraded to Overweight from Equal Weight at Morgan Stanley, which raised the target price to $31 from $25.
- Constellation Brands Inc. (NYSE: STZ) was upgraded to Buy from Hold at TD Cowen, which raised the price target for the stock to $190 from $142.
- CoreWeave (NASDAQ: CRWV) was upgraded by Macquerie to Outperform from Neutral, which raised the target price for the stock to $125 from $90.
- Starbucks Corp. (NASDAQ: SBUX) | SBUX Price Prediction was raised to Hold from Underperform at Jefferies, which boosted the target price for the ubiquitous coffee retailer to $92 from $86.
- T-Mobile US Inc. (NASDAQ: TMUS) was upgraded to Overweight from Sector Weight at KeyBanc, with a $260 target price objective.
Downgrades:
- Best Buy Inc. (NYSE: BBY) was double downgraded to Sell from Buy at Goldman Sachs, which lowered the price target for the retailer to $59 from $76.
- Centessa Pharmaceuticals Inc. (NASDAQ: CNTA) was downgraded to Hold from Buy at Truist with a $38 target price. This is the amount Eli Lilly is paying to purchase the company.
- Hewlett Packard Enterprise Co. (NYSE: HPE) was downgraded to Outperform from Strong Buy at Raymond James, which trimmed the target price for the legacy tech giant to $29 from $30.
- Nebius Group NV (NASDAQ: NBIS) was downgraded to Hold from Buy at Freedom Capital, which raised the target price for the stock to $154 from $108.
- Nike Inc. (NYSE: NKE) was downgraded to Hold from Buy at HSBC, which slashed the target price for the sporting apparel and shoe giant to to $48 from $90.
Initiations:
- Adobe Inc. (NASDAQ: ADBE) was initiated with a Neutral rating at BTIG, with no price target posted.
- Credo Technology Group Holding Ltd. (NASDAQ: CRDO) was initiated with a Buy rating at Jefferies, which has set a $175 target price for the company.
- Johnson Controls Inc. (NYSE: JCI) was initiated with an In Line rating at Evercore ISI, with a $155 target price.
- Rollins Inc. (NYSE: ROL) was started with a Hold rating at Loop Capital, which has set a $56 target price for the shares.
- Tempus AI Inc. (NASDAQ: TEM) was started with an Underperform rating at Jefferies, with a $35 price target.