Here Are Tuesday’s Top Wall Street Analyst Research Calls: Cerebras Systems, Cleveland-Cliffs, Equity Residential, FuelCell Energy, Lennar, Luckin Coffee, Toll Brothers, and More

Pre-Market Stock Futures:

Futures are trading higher after the bulls tried to rally stocks on Monday, after the drubbing they took on Friday, and it looks the same way today. While it was a partial victory on Monday, by the close, the huge gains from the morning were cut in half, and the Dow Jones Industrial Average actually ended the day lower, closing at 50,786, down 0.17%, while the S&P 500 closed at 7,405, up 0.30%. The Nasdaq finished with what would have ususally been considered a strong day, but sellers came in hard, and the tech-heavy index closed at 25,929, up 0.87%. The small-cap Russell 2000 was last seen up 0.77% at  2,855. While the SpaceX IPO is sure to generate massive investor interest, the gigantic deal may not be the cure for what ails a still-overbought and frothy market.

Treasury Bonds:

One of the reasons the bulls were unable to hold on to the huge opening gains was that, while the S&P 500 posted its largest opening gap in 8 weeks, interest rates continued to rise, with yields on the belly and long end of the curve trading higher on Monday. When the closing bell finally rang, the 30-year-long bond closed at 5.04%, while the benchmark 10-year note closed the session at 4.56%. The 10-year note is critical, as mortgages are priced off the current rate, with additional data known as the mortgage spread factored in. 

Oil and Gas:

Oil traded higher as conflicting news headlines kept traders guessing on Monday. With global oil inventories continuing to be drained despite ceasefire efforts, and Iran even saying the fight with Israel is over, despite an exchange of missile barrages, many feel that the price for the two benchmarks could be getting ready to surge higher. The final trade for Brent Crude was recorded at $94.22, up 1.21%, while West Texas Intermediate finished the day at $91.27, up 0.87%. Natural gas closed down 2.66% at $3.14.

Gold:

After a wild up and down day, Gold finished Monday virtually unchanged at $4,329, up just 0.03%, while Silver, which was hammered last Friday, closed at $68.05, up 0.49%. Both precious metals have been locked in a wide trading range since late March and will need serious tailwinds to break out and return to, and surpass, the February highs. 

Crypto:

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, June 9, 2026.  

Upgrades:

• Cleveland-Cliffs (NYSE: CLF) | CLF Price Prediction was raised to Hold from Sell at Sidoti, without a target price.
• FuelCell Energy (NASDAQ: FCEL) was upgraded to Buy from Hold at Canaccord, which raised the price target to $30 from $12.
• PAR Technology (NYSE: PAR) was upgraded to Neutral from Underweight at JPMorgan, which bumped the price target for the stock to $16 from $12.
• Toll Brothers (NYSE: TOL) was upgraded to Outperform from Market Perform at Keefe Bruyette & Woods, which nudged the target price for the luxury home builder to $161 from $158.
• West Pharmaceutical Services (NYSE: WST) was raised to Overweight from Equal Weight at Barclays, which boosted the target price for the shares to $400 from $310.

Downgrades:

• Equity Residential Properties Trust (NYSE: EQR) was downgraded to Sector Perform from Outperform at RBC Capital Markets, which bumped the target price to $70 from $69.
• Ingredion (NYSE: INGR) was cut to Perform from Outperform at Oppenheimer without a target price, as the company is proposing an acquisition of Tate & Lyle.
• Lennar (NYSE: LEN) was downgraded to Underperform from Market Perform at Keefe Bruyette & Woods, which lowered the price target to $86 from $97.

Initiations:

• Cerebras Systems (NASDAQ: CBRS) was initiated with a Buy rating at Craig-Hallum, with a $325 target price. 
  
• Gold.com (NYSE: GOLD) was initiated with a Buy rating at Canaccord, with a $70 target price.
• Grand Canyon Education (NASDAQ: LOPE) was initiated with a Buy rating at Truist, with a $100 target price.
• Luckin Coffee (OTCPK: LKNCY) was initiated with a Buy rating at Jefferies, with a $43.60 target price.
• VEON (NASDAQ: VEON) was started with an Outperform rating at Northland, with a $70 target price.