Pre-Market Stock Futures:
Futures are trading mixed as it looks like it’s “game on” again with Iran, as they made what appears to be a tactical mistake by firing on ships in the Gulf, so President Trump returned the favor with some massive missile attacks. In addition, he said the U.S. was taking control of the Strait of Hormuz to ensure ships could pass safely, and restarting the blockade on Iran. All of this led sellers returning on Monday to start hitting bids before the market opened, and all of the major market indices finished the day lower, with chips and technology taking the biggest hits. The Nasdaq closed down 1.55% at 25,873, while the Russell 2000 small-cap index closed down 0.86% at 2,952. The S&P 500 finished the day at 7,515, down 0.79%, and once again, the legacy Dow Jones Industrial Average finished the best on Monday, down 0.26% at 52,498.
Treasury Bonds:
The sellers returned to the Treasury complex on Monday, as yields were higher across the entire curve. The restart of fighting immediately sparked concerns of higher energy prices, bringing Wall Street and investors back to the potential impact on inflation. That, in turn, shifted the focus back to potential rate hikes before the end of the year, with some even suggesting a rate hike this month. When the smoke cleared, the 30-year-long bond closed at 5.10%, while the benchmark 10-year note was last seen at 4.61%.
Oil and Gas:
Needless to say, the reimposition of the Iran blockade was just the fuse that lit up energy prices on Monday, which, in turn, will light up gasoline prices right as we hit the middle of the busy summer driving season. When the final bell rang, Brent Crude was up a stunning 9.13% to close at $82.94, while West Texas Intermediate finished the session at $77.69, up 8.79%. Natural gas closed down 2.18% at $2.87.
Gold:
The Precious metal did not escape the carnage on Monday, as inflation worries overshadowed its safe-haven status. With rates rising and gold yielding nothing, it came out on the losing end on Monday. At the close, gold traded at $3,999, down 2.91%, while silver traded at $57.62, down 3.60%.
Crypto:
Cryptocurrency traded lower on Monday, with Bitcoin slipping by roughly 1.45% to just below $63,000. Overall market capitalization retreated to $2.16 trillion, pressured by broader geopolitical and macroeconomic tensions, essentially the same reason every asset class got hit on Monday. At 8 AM EDT, Bitcoin traded at $62,790, while Ethereum traded at $1,796.
24/7 Wall St. reviews dozens of analyst research reports every day to identify fresh investment ideas for investors and traders alike. These daily analyst notes include recommendations on stocks to buy, sell, or avoid, as well as new coverage initiations. Important reminder: No single analyst report should ever be the sole basis for buying or selling a stock.
Here are some of the best Wall Street analyst upgrades, downgrades, and initiations seen on Tuesday, July 14, 2026.
Upgrades:
- Fuelcell Energy (NASDAQ: FCEL) was upgraded to Buy from Neutral at UBS, which raised the target price to $27 from $22.
- Halliburton Company (NYSE: HAL | HAL Price Prediction) was upgraded to Overweight from Neutral at Piper Sandler, which nudged the price target for the shares to $43 from $40.
- Newmont (NYSE: NEM) was upgraded to Buy from Hold at TD Cowen, with a $127 target price.
- Red Rock Resorts (NYSE: RRR) was raised to Overweight from Equal Weight at Wells Fargo, which boosted the price target for the stock to $75 from $55.
- TKO Group Holdings (NYSE: TKO) was upgraded to Buy from Neutral at Seaport Research, with a $210 target price.
Downgrades:
- Apple (NASDAQ: AAPL) was cut to Underweight from Sector Weight at KeyBanc, with a $250 target price.
- AvalonBay Communities (NYSE: AVB) was downgraded to Equal Weight from Overweight at Barclays, which bumped the target price for the shares to $205 from $203.
- Circle Internet Group (NYSE: CRCL) was downgraded to Underperform from Neutral at Mizuho, which cut the target price to $40 from $85.
- International Business Machines (NYSE: IBM) was downgraded to Reduce from Hold at HSBC, which slashed the target price for Big Blue to $191 from $231.
- WW Grainger (NYSE: GWW) was cut to Equal Weight from Overweight at Stephens, with an unchanged target price of $1,355.
Initiations:
- Arrowhead Pharmaceuticals (NASDAQ: ARWR) was initiated with a Buy rating at Stifel, with a $98 target price.
- Bloom Energy (NYSE: BE) was initiated with a Hold rating at Truist Financial, with a $250 price target.
- First Solar (NASDAQ: FSLR) was initiated with a Hold rating at Truist Financial, which has a $249 target price for the stock.
- Intuit (NASDAQ: INTU) was assumed with an Underweight rating at Piper Sandler, with a $250 target price.
- SK hynix (NASDAQ: SKHY) was started with an Overweight rating at Barclays, with a massive $330 target price.
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