Buy, Sell, or Hold? Monday’s Top Upgrades and Downgrades: Advanced Micro Devices, Airbnb, DraftKings, L3 Harris Technologies, Molson-Coors, Nvidia, Take-Two Interactive, Uber Technologies, and More
Nvidia just lost a vote of confidence while AMD earned a $600 target, and Wall Street's chip debate is splitting wide open. Add a Fed rate hike looming and a flurry of fresh Citigroup calls, and Monday's analyst moves get…
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Pre-Market Stock Futures:
Futures are trading higher after a wild week that saw stocks rally after the election, then the Nasdaq post its biggest loss in 18 months on Thursday before rebounding Friday to close up over 1% at 24,579, while the small-cap Russell 2000 finished the session up 0.89% at 2,754. The S&P 500 also joined the rally, closing up 0.31% at 7,376. Meanwhile, the only index that did not participate in the drastic turnaround was the Dow Jones Industrial Average, which closed down 0.46% at 51,285 as investors focused on beaten-down semiconductor and AI-related stocks.
Last Friday’s huge jobs report, which came in much better than expected, combined with what should be higher inflation reports this week from October, could confirm what many are already expecting: that the Federal Reserve will raise interest rates by 25 basis points at its last meeting of the year in December. In addition, many across Wall Street expect the Fed to raise rates one more time in 2027 by another 25 basis points, effectively offsetting the rate cuts in 2025, when the Fed dropped the Fed Funds rate by 75 basis points. Look for the launch of Anthropic’s highly anticipated IPO this week, and perhaps positive news on the war with Iran and a potential settlement.
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 from Monday, November 9, 2026.
Upgrades:
- Advanced Micro Devices (NASDAQ: AMD | AMD Price Prediction) was upgraded to Outperform from Market Perform at Oppenheimer, with a $600 target price.
- Airbnb (NASDAQ: ABNB) was raised to Neutral from Sell at Rothschild & Co. Redburn, which raised the target price for the shares to $190 from $135.
- Rollins (NYSE: ROL) was upgraded to Buy from Neutral at Citigroup, which lifted the target price to $49 from $32.
- TripAdvisor (NASDAQ: TRIP) was upgraded to Hold from Underperform at Jefferies, which trimmed the target price to $7 from $8.
- Unum Group (NYSE: UNM) was upgraded to Overweight from Neutral at JPMorgan which lowered the target price to $90 from $98.
Downgrades:
- DraftKings (NASDAQ: DKNG) was downgraded to Hold from Buy at Stifel, which cut the target price to $21 from $32.
- Molson Coors Beverage Company (NYSE: TAP) was downgraded to Underweight from Neutral at JPMorgan, which trimmed the target price for the brewer to $37 from $41.
- Nvidia (NASDAQ: NVDA) was cut to Hold from Buy without a target price at Aletheia.
- PDD Holdings (NYSE: PDD) was cut to Equal Weight from Overweight at Morgan Stanley, which dropped the target price for the shares to $90 from $129.
- Zillow Group (NYSE: ZG) was downgraded to Sector Weight from Overweight at KeyBanc, without a target price.
Initiations:
- Bullish (NYSE: BLSH) was initiated with a Buy rating at StoneX with a $42 target price.
- L3Harris Technologies (NYSE: LHX) was initiated with a Buy rating at Citigroup, which has a $348 target price for the defense giant.
- Take-Two Interactive Software (NASDAQ: TTWO) was initiated with an Outperform rating at Macquerie, without a target price.
- Uber Technologies (NASDAQ: UBER) was started with a Buy rating at Citigroup, with a $105 target price.
- United Therapeutics (NASDAQ: UTHR) was started with a Buy rating at H.C. Wainwright, with a $660 target price.
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Lee Jackson has covered Wall Street analysts' equity and debt research and equity strategy daily for 24/7 Wall St. since 2012. His broad, diverse career, including a stint as creative services director at an NBC affiliate in Austin, Texas, gives him unique insight into the financial industry.
Lee Jackson's journey in the financial industry spans more than 30 years, including nearly two decades as an institutional equity salesperson at Bear Stearns, Lehman Brothers, and Morgan Stanley. His career spanned pivotal sell-side Wall Street events, from the dot-com rise and bubble to the Long-Term Capital Management debacle, 9/11, and the Great Recession of 2008. This reflects his resilience and adaptability amid market volatility.
Lee Jackson’s practical financial industry experience, gained through a career at some of the biggest banks and brokerage firms, is complemented by a lifetime of writing across various platforms. This unique combination allows him to shed light on the intricacies of Wall Street in a way only someone with deep insider experience and knowledge can. Moreover, his extensive network across Wall Street continues to provide direct access for him and 24/7 Wall St., a privilege few firms enjoy.
Since 2012, Jackson’s work for 24/7 Wall St. has been featured in Barron’s, Yahoo Finance, MarketWatch, Business Insider, TradingView, Real Money, The Street, Seeking Alpha, Benzinga, and other media outlets. He attended the prestigious Cranbrook Schools in Bloomfield Hills, Michigan, and has a degree in broadcasting from the Specs Howard School of Media Arts.
