It is hard to think that the S&P 500 and Dow indexes are back to challenging their all-time highs again. Headwinds and uncertainties from tariffs, a slowing economy and geopolitical risks have created a wild ride in 2025, but investors have two decisions to make — stay the course for 2025, or look for strategic opportunities and new ideas as 2026 comes into focus.
Oggonomics reviews the daily flow of Wall Street analyst upgrades and downgrades. The goal is to find new ideas that might have otherwise been overlooked or missed for long-term investors and short-term traders alike. These analyst calls often offer opportunities for all types of investors and traders, and it turns out that there are often many diamonds in rough in all those daily analyst reports.
Analysts are making some very bold predictions on some of the top companies ahead of earnings season. There are also some very speculative companies which are being assigned massive upside ahead if the analysts hit their mark. Many stocks are being forecast to hit new all-time highs — and then some!
Investors should always keep in mind that no single analyst report should ever be the sole basis to buy or sell a stock. This is particularly true for aggressive “Buy” and “Outperform” ratings in speculative stocks. Investors also need to do their own research because analysts sometimes get their thesis wrong just like the rest of us. And any decision to buy or sell should be made after consulting with a financial advisor or professional.
Please read the disclaimer below for suitability before even considering any of these analyst ratings. Here are the top analyst upgrades and upside targets (and a couple downgrades) issued by Wall Street on Thursday, June 26, 2025.
GO BIG, OR GO HOME…
Apple Inc. (NASDAQ: AAPL) was reiterated as Overweight at JPMorgan, but due to some ongoing concerns and delays on AI, tariff concerns and demand pushouts, its price target was trimmed down to $230 from $240 in the call. Apple closed up 0.65 at $201.56 on Wednesday and was indicated to open flat on Thursday, and its shares are still down almost 25% from its $260.10 high at the end of 2024.
BlackSky Technology Inc. (NASDAQ: BKSY) was reiterated as Buy at Canaccord Genuity, and its price target was raised to $20 from $14 (versus a $17.28 prior close). BlackSky Technology shares were indicated up 2% at $17.65 on Thursday.
Elanco Animal Health Incorporated (NYSE: ELAN) was raised to Outperform from Market Perform at William Blair. It was up almost 4% at $14.30 in early Thursday trading after closing up 1.8% at $13.76.
IDEAYA Biosciences, Inc. (NASDAQ: IDYA) was initiated as Overweight with a $44 price target (versus $22.01 close) at Wells Fargo. IDEAYA Biosciences was indicated up almost 3% at $22.75 on Thursday.
Kinross Gold Corporation (NYSE: KGC) was raised to Buy from Hold and its price target was raised to $18 from $14 (versus $15.31 prior close) at Jefferies.
Micron technology, Inc. (NASDAQ: MU) posted a revenue increase of 37% to $9.3B that exceeded expectations, and it issued above-expectations guidance for sales of $10.4B-$11.0B. Micron was reiterated as Buy and its price target as raised to $150 from $120 (versus $127.25 close) at Needham. Micron was also reiterated as Buy and its price target as raised to an even more bullish $200 from $172 at Rosenblatt. Citi reiterated its Buy rating and raised its target to $150 from $130; JPMorgan reiterated its Overweight rating and raised its target to $165 from $135; and Barclays reiterated its Overweight rating and raised its target to $140 from $95.
Microsoft Corporation (NASDAQ: MSFT) saw two big price target hikes on Wednesday, and Thursday’s top calls included another hike as Morgan Stanley reiterated its Overweight rating and a price target hike to $530 from $482.
NRG Energy, Inc. (NYSE: NRG) was initiated as Overweight with a $197 price target (versus $153.32 close) at Barclays. NRG was indicated up 1% at $155.00 on Thursday.
SanDisk Corporation (NASDAQ: SNDK) was initiated as Buy with a $57 price target (versus $47.25 close) at Citigroup. SanDisk was indicated up 3% at $48.80 on Thursday.
Solid Biosciences Inc. (NASDAQ: SLDB) was initiated as Buy with a $14 price target (versus $4.74 close) at Citigroup. SLDB was indicated up ~7% at $5.05 as this call represented ~200% implied upside if the outlook comes to fruition. The developmental stage life sciences company has a market cap of only $375 million and it is targeting precision genetic medicines for multiple neuromuscular and cardiac diseases (Duchenne muscular dystrophy, Friedreich’s ataxia, catecholaminergic polymorphic ventricular tachycardia, cardiomyopathy and additional fatal genetic cardiac diseases).
Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) was reiterated as Buy at Citigroup, noting no signs of AI infrastructure investment slowing down and should remain a strong growth engine for TSMC. Citi sees TSMC’s advanced packaging capacity growing ~20% into 2026 and ~40% in 2027 with its 2025 capex budget in the middle of its $38B-$42B) guidance.
Tesla Inc. (NASDAQ: TSLA) was given a positive report at Benchmark after Tesla’s successful robotaxi launch in Austin, with its stock reiterated as Buy and its target was raised to $475 from $350 in the call. The launch was limited but also demonstrates “a controlled and safety-first approach” that should court regulators and public opinion to allow a rapid release in scale with a cost effective camera approach to lead. Benchmark sees Tesla moving from a “trailblazing vehicle OEM to a high-tech automation and robotics company” that has unmatched scale.
The Trade Desk, Inc. (NASDAQ: TTD) was downgraded to Equal-Weight from Overweight and its price target was cut to $68 from $74 at Wells Fargo. TTD closed down 2.8% at $69.80 ahead of the call and was indicated down 2% more at $68.25 on Thursday morning.
Truist Financial Corporation (NYSE: TFC) was raised to Buy from Neutral and its price target was raised to $55 from $44 (versus $41.40 prior close) at Citigroup, and it still has a 5% dividend yield as well. Truist is considered a turnaround bank that is still down ~20% from its 52-week high and still down ~40% from the start of 2022.
In case you missed Wednesday's big strategic calls from Wall Street analysts, they included Coinbase, Duolingo, TMC, Microsoft, NVIDIA, Guidewire and others. https://oggonomics.com/top-analyst-upgrades-calling-for-all-time-highs-in-key-stocks/
DISCLAIMERS
The analyst ratings, price targets and research summaries above have been assigned to each firm issuing those calls. Their ratings and targets may differ greatly from other firms on Wall Street.
Oggonomics does not issue any formal ratings and does not maintain any price targets of its own on any of the stocks mentioned in this summary.
Please remember that no analyst ratings and price targets, even those with the strongest conviction, ever come with any guarantees of profits and they never contain money-back guarantees in case you lose money.
