Stocks were losing ground on Thursday after an anemic jobless claims report and after Trump’s 25% auto tariffs were factored in. Many investors and traders are still trying to decide how they want their assets positioned for the rest of the year now that uncertainties and choppy data are becoming more normal.
Oggonomics searches the daily flow of analyst calls to look for new ideas from the day’s top upgrades and downgrades from Wall Street. Short-term traders get a glimpse of immediate price reactions to news and to the analyst calls. Long-term investors get a picture of new buy, sell and hold ratings with targets looking a year out.
Oggonomics always reminds investors and its readers that no single analyst report should ever be the sole basis to buy or sell a stock. That decision to buy or sell, or hold or short sell, is up to each investor and the decision should be made with a financial advisor.
These are some of the top analyst upgrades and downgrades seen on Thursday, March 27, 2025.
Advanced Micro Devices, Inc. (NASDAQ: AMD) was downgraded to Hold from Buy at Jefferies, and the firm cut its price target to $120 from $135 based on a lagging progress in its AI chip opportunities in the call. AMD closed at $110.19 on Wednesday and was down about 4% at $105.75 in Thursday’s early trading indications.
CarGurus, Inc. (NASDAQ: CARG) was downgraded to Underweight from Neutral at JPMorgan. CarGurus was indicated down 6% at $29.50 on Thursday.
The Chemours Company (NYSE: CC) was raised to Outperform from Neutral and its price target was kept at $19 at Mizuho. Chemours was indicated up 0.65% at $13.92 on Thursday.
Constellation Brands, Inc. (NYSE: STZ) was maintained as Overweight but its target was cut to $203 from $205 at Barclays. Needham maintained its Buy rating but still trimmed its price target down to $215 from $240. Constellation Brands was indicated flat at $184.00 early on Thursday.
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General Motors (NYSE: GM) was maintained as Overweight at JPMorgan in the auto concerns, but the firm cut GM’s price target down to $53 from $64 regarding material earnings risks from tariffs. A similar call was seen in Ferrari (RACE) with its Overweight rating but the target was cut to $460 from $525 as all of its cars in the U.S. are imported.
Lockheed Martin Corp. (NYSE: LMT) was downgraded to Sector Perform with a $480 price target at RBC Capital Markets, down from the prior Outperform rating and $550 price target. Budget pressure and international sales risks regarding the F-35, as well as its recent Next Generation Air Dominance to Boeing loss may all weigh on Lockheed’s long-term growth outlook per the call. Lockheed was actually up 0.5% at $447.50 in early trading on Thursday.
OPENLANE, Inc. (NYSE: KAR) was downgraded to Underweight from Neutral at JPMorgan. Its stock was down 65 at $19.75 in early indications on Thursday.
Ryanair Holdings plc (NASDAQ: RYAAY) was raised to Buy from Hold at Deutsche Bank. Ryanair’s ADSs were trading up 12-cents at $45.53 early on Thursday.
Soleno Therapeutics, Inc. (NASDAQ: SLNO) was last seen trading up over 40% at $69.50 after the U.S. FDA approved its VYKATTM XR to treat hyperphagia in Prader-Willi Syndrome. Cantor Fitzgerald reiterated its Overweight rating and hiked its price target up to $123 from $67 after the approval.
TrueCar, Inc. (NASDAQ: TRUE) was downgraded to Underweight from Neutral at JPMorgan. TrueCar shares were trading down 6% at $1.68 on Thursday.
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UBS Group AG (NYSE: UBS) was downgraded to Underperform from Neutral at BofA Securities. Its ADSs were indicated down 4% at $31.90 early on Thursday.
United Parcel Service, Inc. (NYSE: UPS) has seen its share of target cuts this week after shares fell from $116 to $111. Wells Fargo joined in on price target cuts down to $120 from $128 while maintaining its Overweight rating.
While details were not yet seen, Exane BNP Paribas initiated the cruise sector with mostly positive ratings. Viking Holdings (VIK), Carnival (CCL) and Royal Caribbean (RCL) were all given new Outperform ratings. Norwegian Cruise Line (NCLH) was started as Neutral in the cruise sector view.
