Wayfair upgraded, Instacart initiated: Wall Street's top analyst calls

5 days ago 5

The Fly

Wed, January 7, 2026 astatine 8:41 AM CST 4 min read

The astir talked astir and marketplace moving probe calls astir Wall Street are present successful 1 place. Here are today's probe calls that investors request to know, arsenic compiled by The Fly.

Top 5 Upgrades:

Barclays upgraded Wayfair (W) to Overweight from Equal Weight with a terms people of $123, up from $104. The company's marketplace stock accelerated successful 2025 and should proceed successful 2026, the steadfast tells investors successful a probe note.
Oppenheimer upgraded McDonald's (MCD) to Outperform from Perform with a $355 terms target. The steadfast is much bullish successful the edifice assemblage into 2026 pursuing 2025's underperformance.
Barclays upgraded Lowe's (LOW) to Overweight from Equal Weight with a terms people of $285, up from $259. The steadfast upgraded the shares arsenic portion of its broadlines, hardlines and nutrient retail outlook for 2026. Barclays expects improvements successful discretionary goods demand, particularly among mid- and high-income consumers who volition payment from upcoming taxation changes.
Piper Sandler upgraded Hershey (HSY) to Overweight from Neutral with a terms people of $213, up from $193. The steadfast says the continued easing of cocoa costs and the removal of cocoa tariffs springiness Hershey "significant flexibility" to reinvest for maturation and turn net up of its algorithm.
BofA treble upgraded Regeneron (REGN) to Buy from Underperform with a terms people of $860, up from $627. The firm's much bullish presumption is driven by aggregate factors, including the information that its anterior Underperform thesis astir Eylea SD has played retired arsenic statement estimates person travel down.

Top 5 Downgrades:

Jefferies downgraded First Solar (FSLR) to Hold from Buy with a terms people of $260, down from $269. The steadfast is cautious connected the shares successful 2026, citing the company's constricted booking visibility and "emerging strategical questions."
Oppenheimer downgraded Yum! Brands (YUM) to Perform from Outperform with nary terms people pursuing the stock's outperformance successful 2025. After a 13% beforehand successful its apical ample headdress prime successful 2025, the steadfast views Yum's risk/reward arsenic "more reasonably balanced."
BMO Capital downgraded Union Pacific (UNP) to Market Perform from Outperform with a terms people of $255, down from $270. Given constricted visibility into regulatory outcomes and continued softness successful freight demand, the steadfast is adopting a cautious stance.
Piper Sandler downgraded Deckers Outdoor (DECK) to Underweight from Neutral with a terms people of $85, down from $100. The shares are up 34% since aboriginal November but Deckers has "leaned into" discounting astatine some its Hoka and Ugg brands opening this summer, the steadfast tells investors successful a probe note.
Wells Fargo downgraded Humana (HUM) to Equal Weight from Overweight with a $290 terms target. The steadfast is much cautious connected achievability of the company's borderline nonsubjective successful 2026 fixed deficiency of payment cuts. Wells besides downgraded Universal Health (UHS) to Equal Weight from Overweight.