Pre-Market Stock Futures:
Futures are trading higher after a mixed Monday, with major indices moving in different directions. Investors are preparing for Federal Reserve Chairman Warsh’s comments at the Jackson Hole economic summit later this week. They will also be closely watching the print for the Fed’s most heavily weighted inflation gauge, the Core PCE Price Index, on Wednesday, which will likely determine whether the Fed keeps interest rates steady at 3.50% to 3.75% or changes its path. The final data that could lead to a rate hike comes in early September with the August non-farm payrolls and the August consumer and producer price index numbers. 3 of the four major indices closed lower Monday, with only the Dow Jones Industrials carving out a gain, closing up 0.26% at 53,417, while the small-cap Russell 2000 was lower to start the week, closing at 2,995, down 0.76%. The tech-heavy Nasdaq closed at 25,980, down 0.77%, while the S&P 500 finished the session at 7,652, down 0.28%.
Treasury Bonds:
Yields were lower across most of the Treasury curve as Secretary Bessent said he can tap the Treasury General Account for up to $1 trillion to supplement buying long Treasury debt and help lower overall interest rates. Many see this as an Operation Twist knock-off that likely won’t tamp down rates long term. When the final bell rang, the 30-year long bond closed the day at 5.24%, down 4 basis points, while the 10-year note was last seen at 4.70%, down 3 basis points.
Oil and Gas:
Prices were lower across the energy complex Monday as the Treasury announced it is expanding major economic sanctions against Iran worldwide, without targeting Chinese banks. Brent Crude closed the Monday session at $92.06, down 2.47%, while West Texas Intermediate ended Monday trading at $85.06, down 2.30%. Natural gas was flat, closing at $2.77, down 0.14%.
Gold:
Gold continued the rally that began at the start of the month, with traders citing growing U.S. debt, a weaker dollar, and ongoing geopolitical tensions worldwide as drivers of its strength. Gold closed Monday at $4,653, up 1.11%, while Silver was last seen at $68.74, down modestly to $68.70.
Crypto:
The short squeeze rally that drove the price of Bitcoin up in a massive way last week for its biggest rally and weekly gain since 2023 (with some metrics marking its best performance since early 2021) continued on Monday. Bitcoin has jumped over 20% in the last month to trade in the $77,000–$80,000 range, marking its largest weekly percentage and dollar gain in years. At 8 AM EDT, Bitcoin was trading at $79,420, while Ethereum was quoted at $2,483.
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 top Wall Street analyst upgrades, downgrades, and initiations seen on Tuesday, August 25, 2026.
Upgrades:
- Advanced Micro Devices (NASDAQ: AMD | AMD Price Prediction) was upgraded to Strong Buy from Outperform at Raymond James, which raised the price target on the semiconductor giant to $641 from $565.
- Bread Financial Holdings (NYSE: BFH) was upgraded to Outperform from Peer Perform at Wolfe Research, which has set a $130 target price.
- Dynatrace (NYSE: DT) was upgraded to Overweight from Equal Weight at Morgan Stanley, which raised the price target to $65 from $58.
- Moderna (NASDAQ: MRNA) was raised to Peer Perform from Underperform at Wolfe Research, without a price target.
- Shift4 Payments (NYSE: FOUR) was upgraded to Overweight from Equal Weight at Wells Fargo, which bumped the target price for the stock to $59 from $55.
Downgrades:unchanged
- Fidelity National Information Services (NYSE: FIS) was cut to Equal Weight from Overweight at Wells Fargo, with a $46 target price.
- Five Below (NASDAQ: FIVE) was cut to Hold from Buy at Loop Capital, with an unchanged $250 target price objective.
- Klarna Group (NYSE: KLAR) was downgraded to Peer Perform from Outperform at Wolfe Research, without a target price.
- Nutrien (NYSE: NTR) was downgraded to Sector Perform from Outperform at National Bank, which nudged the target price for the shares to $77 from $74.
- RLI (NYSE: RLI) was downgraded to Underperform from Hold at Jefferies, with an unchanged $53 target price.
Initiations:
- Carlisle Companies (NYSE: CSL) was initiated with a Neutral rating at DA Davidson, with a $410 target price objective.
- Eagle Materials (NYSE: EXP) was initiated with a Neutral rating at DA Davidson, with a $220 target price.
- Fortune Brands (NYSE: FBIN) was started with a Buy rating at DA Davidson, with a $64 target price.
- Jersey Mike’s Subs (NYSE: JMKE) was initiated with a Neutral rating at Goldman Sachs, with a $26 target price.
- Sherwin-Williams Company (NYSE: SHW) was initiated with a Buy rating at DA Davidson, which has a $400 target price for the shares.
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