Top Analyst Calls Driving Market Momentum

Upgrades:

* NXP Semiconductors (NXPI): Morgan Stanley upgrades to Overweight from Equal Weight, price target raised to $257.
* GlobalFoundries (GFS): Needham upgrades to Buy from Hold, price target set at $50.
* Crispr Therapeutics (CRSP): TD Cowen upgrades to Hold from Sell, price target unchanged at $35.
* Upstart (UPST): B. Riley upgrades to Buy from Neutral, price target increased to $105.
* EOG Resources (EOG): RBC Capital upgrades to Outperform from Sector Perform, price target raised to $155.

Downgrades:

* FIS (FIS): Susquehanna downgrades to Neutral from Positive, price target lowered to $81.
* Tempus AI (TEM): William Blair downgrades to Market Perform from Outperform.
* Fluence Energy (FLNC): UBS downgrades to Neutral from Buy, price target reduced to $8.
* PPG (PPG): JPMorgan downgrades to Neutral from Overweight, price target set at $115.
* Staar Surgical (STAA): Mizuho downgrades to Neutral from Outperform, price target lowered to $17.

Initiations:

* Tesla (TSLA): Benchmark initiates coverage with a Buy rating, price target set at $475.
* Instacart (CART): Seaport Research initiates coverage with a Buy rating, price target set at $62.
* Lucid Group (LCID): Benchmark initiates coverage with a Buy rating, price target set at $5.
* Ralph Lauren (RL): Needham initiates coverage with a Buy rating, price target set at $310.
* VF Corp. (VFC): Needham initiates coverage with a Buy rating, price target set at $28.