Upgrades and Downgrades Heat Up After Market Close

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Top.Gainers highlighting the top gainers of the day, providing timely updates and insights on the market's highest achievers.
 

•  16 May 2025
 

$AA saw conflicting analyst actions today as UBS downgraded Alcoa due to a weak outlook on alumina pricing, calling the valuation unappealing. Yet earlier in the day, some Wall Street analysts upgraded the stock, reflecting a divide in sentiment despite a 2.53% price rise. Archer Aviation ($ACHR) reached its analyst target price, but was downgraded, perhaps signaling caution after recent gains as shares jumped 9.11%.

Applied Materials ($AMAT) remains a strong buy amid earnings enthusiasm, though its shares dropped over 5% today, showing the market’s nuanced reaction to earnings reports. American Shared Hospital Services ($AMS) also received an upgrade, driven by growth in its owned and operated units offsetting leasing revenue declines. Bank of Hawaii ($BOH) was upgraded to a strong buy reflecting growing optimism about earnings, despite a slight dip in price.

Coinbase Global ($COIN) experienced a relative strength rating upgrade with shares jumping 9%, signaling improving technical momentum that traders should watch closely. Cisco Systems ($CSCO) beat Q3 earnings and gained an upgrade, reinforcing confidence in its AI-driven growth, even as its stock slipped slightly. Fluence Energy ($FLNC) was cut to a sell by Jefferies, reflecting legislative uncertainty that may weigh on the clean energy sector.

First Merchants Corporation ($FRME) was downgraded after a strong run, suggesting profit-taking or caution among analysts. GameStop ($GME) saw a relative strength upgrade, indicating renewed interest as technicals improve. ImmunityBio ($IBRX) received a buy rating upgrade reflecting optimism on earnings prospects, pushing shares higher.

Intellicheck Mobilisa ($IDN) was upgraded to strong buy, highlighting the stock’s potential for near-term gains amid optimism about its earnings. Johnson & Johnson ($JNJ) received a fresh buy rating from Johnson Rice, signaling confidence in its fundamentals. Lucid Group ($LCID) was downgraded despite shares surpassing its analyst target price, hinting at concerns about sustainability of recent gains.

Novartis ($NVS) upgraded to buy shows renewed investor confidence as it navigates healthcare markets. Nextracker ($NXT) was cut to a sell, pressured by competitive moves in its sector. Roku ($ROKU) maintained a buy rating, emphasizing potential long-term benefits from cost-saving innovations in TV streaming. Shake Shack ($SHAK) was downgraded after crossing its target price, reflecting possible profit-taking.

Sumitomo Mitsui Financial Group ($SMFG) received a strong buy upgrade, suggesting it remains a top pick amid global financial optimism. SOS Limited ($SOS) upgraded on a surge in commodity trading revenue signals growth from strategic pivots. Teva Pharmaceutical ($TEVA) was upgraded by Moody’s, reinforcing confidence in its growth strategy and credit profile.

TransMedics ($TMDX) also upgraded to buy, supported by positive earnings outlook. Tower Semiconductor ($TSEM) stays a buy as it benefits from AI and data center growth. Tesla ($TSLA) gained an upgrade amid news of innovative vehicle leasing strategies boosting revenue. Williams-Sonoma ($WSM) received a buy rating and upgrade on renewed analyst coverage, despite a cautious start.

Woodward ($WWD) was downgraded after surpassing its price target, possibly signaling a short-term pullback after recent gains.

Bottom line – Among these movers, $COIN stands out as the most attractive near-term opportunity given its strong technical upgrade coupled with a robust 9% jump in after-hours trading, suggesting momentum traders might find favorable entry points. $SMFG and $BOH also look compelling with strong buy upgrades and solid fundamentals supporting their near-term upside. Caution is warranted on names like $ACHR and $LCID where downgrades follow target price hits, indicating potential resistance ahead.