Analyst Moves

Wall Street's upgrades, downgrades and price-target changes since the previous trading day, with the odds of each target being reached within a year, as of 8:45 am ET on Friday, October 30, 2026.

Analyst moves

Odds of reaching: chance of touching the target within a year. Valuation: target vs. the normal 1-year range.

Symbol	Analyst	Change	Analyst target (vs price)	Odds of reaching	Valuation
INTC	KGI Securities	Upgrade: Neutral → Outperform	95.00 (+3%)	95%	Undervalued
BIIB	Argus Research	Upgrade: Hold → Buy	280.00 (+12%)	58%	Overvalued
INTC	B of A Securities	Downgrade: Buy → Neutral	100.00 (+9%)	92%	Undervalued
PYPL	Barclays	Downgrade: Equal-Weight → Underweight	53.00 (-7%)	78%	Undervalued
INTC	Roth Capital	Downgrade: Buy → Neutral	70.00 (-24%)	63%	Undervalued
PLTR	JP Morgan	Initiated: Overweight	262.00 (+33%)	91%	Undervalued
FTNT	Piper Sandler	Target cut: Neutral	140.00 (+1%)	97%	Undervalued
NOW	Keybanc	Target raised: Underweight	110.00 (+0%)	97%	Undervalued
KLAC	Susquehanna	Target cut: Neutral	190.00 (+13%)	94%	Undervalued
PLTR	Oppenheimer	Target raised: Outperform	235.00 (+20%)	94%	Undervalued
GOOGL	DA Davidson	Target cut: Neutral	300.00 (+6%)	93%	Undervalued
INTC	Cantor Fitzgerald	Target cut: Neutral	90.00 (-2%)	93%	Undervalued
GILD	Cantor Fitzgerald	Target raised: Overweight	175.00 (+6%)	92%	Undervalued
MCD	Mizuho	Target cut: Neutral	260.00 (+1%)	92%	Undervalued
F	Goldman Sachs	Target cut: Neutral	12.00 (-3%)	90%	Undervalued
KLAC	Wells Fargo	Target cut: Overweight	210.00 (+25%)	88%	Undervalued
GEHC	Citigroup	Target raised: Neutral	79.00 (+3%)	87%	Undervalued
GOOGL	Bernstein	Target cut: Market Perform	325.00 (+15%)	86%	Undervalued
FTNT	RBC Capital	Target cut: Sector Perform	165.00 (+19%)	85%	Undervalued
GOOGL	UBS	Target cut: Neutral	332.00 (+17%)	84%	Undervalued
GEHC	JP Morgan	Target raised: Neutral	80.00 (+5%)	83%	Undervalued
FTNT	Truist Securities	Target cut: Buy	175.00 (+26%)	79%	Undervalued
GOOGL	Piper Sandler	Target cut: Overweight	345.00 (+22%)	79%	Undervalued
BIIB	Truist Securities	Target raised: Buy	260.00 (+4%)	77%	Undervalued
V	Macquarie	Target raised: Outperform	465.00 (+13%)	74%	Undervalued
BKR	Barclays	Target cut: Equal-Weight	62.00 (+14%)	73%	Undervalued
GILD	Needham	Target raised: Buy	200.00 (+21%)	72%	Undervalued
DASH	Needham	Target cut: Buy	235.00 (+31%)	70%	Fair
FTNT	TD Cowen	Target cut: Buy	190.00 (+37%)	69%	Fair
GOOG	JP Morgan	Target cut: Overweight	375.00 (+33%)	68%	Fair
GOOG	Scotiabank	Target cut: Sector Outperform	375.00 (+33%)	68%	Fair
GOOGL	Wedbush	Target cut: Outperform	387.00 (+36%)	67%	Fair
MSFT	Citizens	Target raised: Market Outperform	625.00 (+18%)	67%	Fair
TMUS	Citigroup	Target cut: Neutral	165.00 (+12%)	67%	Fair
GOOGL	Susquehanna	Target cut: Positive	400.00 (+41%)	65%	Fair
MSFT	DA Davidson	Target raised: Buy	650.00 (+23%)	63%	Fair
MSFT	Stifel	Target raised: Buy	650.00 (+23%)	63%	Fair
NOW	Truist Securities	Target cut: Buy	150.00 (+37%)	63%	Fair
NOW	BTIG	Target cut: Buy	150.00 (+37%)	63%	Fair
GEHC	RBC Capital	Target raised: Outperform	90.00 (+18%)	61%	Fair
ODFL	UBS	Target cut: Neutral	194.00 (+13%)	61%	Fair
BA	Bernstein	Target cut: Outperform	223.00 (+29%)	57%	Overvalued
GEHC	Barclays	Target raised: Overweight	95.00 (+24%)	53%	Overvalued
BIIB	UBS	Target raised: Buy	300.00 (+20%)	45%	Overvalued
ODFL	Wells Fargo	Target cut: Overweight	220.00 (+28%)	42%	Overvalued

Charts, signals and alerts for any symbol: OT Seasonal on the App Store.

For education only, not investment advice.

Before the Open

 

The big idea

Good growth. Tougher questions for tech.

The economy offered reassurance. The market wanted something else: proof that heavy AI investment can turn into cash. That tension is the lens for this issue—not a play-by-play of Thursday’s session.

Look past the headline indexes and the story is selective risk-taking, rather than a wholesale retreat. Investors are scrutinizing the cost of growth while looking beyond the familiar megacap leaders.

Macro lens

Growth held up. Inflation stayed sticky.

Advance Q3 GDP rose at a 3.4% annualized pace, with consumer spending up 3.8%. September core PCE came in at 0.3% month over month and 3.1% year over year. The combination supports a resilient-economy narrative, but it does not settle the inflation debate. Personal income and spending were softer than consensus, and real spending was flat.

The policy takeaway: the briefing puts December Fed hike odds near 80%. The ECB held its deposit rate at 2.50%, while highlighting energy-price risks to both inflation and growth. The next useful test is wage pressure, not another reading of Thursday’s GDP headline.

Chart notebook

Three frameworks, one decision zone

Gann, Elliott Wave and Hurst cycles offer different interpretations of the pullback. Treat them as conditional scenarios—not forecasts or guarantees.

·        Gann: the October 23–28 window still counts as a hold, but it is being tested. A sustained loss of near-term support would weaken that interpretation.

·        Elliott Wave: weakness in the former leaders gives the impulsive-down alternate more weight. The corrective-pullback count remains possible, but leadership is no longer its strongest supporting evidence.

·        Hurst cycles: the roughly 40-day trough attempt is unconfirmed. Short cycles lean down while longer cycles remain nominally constructive; a confirming higher low is still missing.

Downside map Support and the lower gate 7,640: near-term support and the first test of the window hold. 7,600: the briefing’s lower gate. A close below it would favor the deeper-downside scenario.

Upside map What would repair the setup? 7,805–7,818.93: the upper resistance zone and record stack. A close back above its lower edge would reopen the extension case. No additional dated Gann or Hurst window is asserted here.

 

What’s next

Friday’s questions worth watching

·        Wages: Q3 Employment Cost Index. Scheduled for 5:30 AM PT / 8:30 AM ET on October 30. The briefing’s consensus is 0.8% quarter over quarter, versus 0.9% in Q2. A hotter reading would strengthen the case for tighter policy; an in-line or softer print would offer a counterweight.

·        Japan: policy and guidance. Hold at 1.25% expected — a 'hawkish hold' per ING's preview, with ~80% chance of a December BoJ hike priced and USD/JPY in a 157-159 range into year-end.

·        Manufacturing: Chicago PMI. Due at 6:45 AM PT / 9:45 AM ET. The WSJ survey cited 56.0, while other previews cited 54.8, versus 58.8 in September. The direction matters more than choosing between conflicting consensus estimates.

·        Earnings: energy and health care. ExxonMobil, Chevron, AbbVie, General Dynamics and Regeneron were listed before the open. For the oil majors, the useful question is how much elevated crude prices translate into profit, buybacks or additional capital spending.

·        Positioning: month-end flows. Portfolio rebalancing can complicate the final hour. Keep data-driven moves separate from positioning noise.