Futures are trading higher after a wild Tuesday, when we warned everybody to get their popcorn ready because the inflation news could cause some fireworks, and sure enough, it did. The October consumer price index numbers came in hot, with analysts citing persistent nationwide price pressures. Headline CPI rose a seasonally adjusted 0.4% month-over-month, beating the 0.3% forecast but slowing from September’s 0.6% jump, while Core CPI matched its prior monthly pace, climbing 0.3% and slightly exceeding the predicted 0.2% gain. CoreWeave (NASDAQ: CRWV ) posted a very positive earnings report after the close yesterday, igniting a global tech rally this morning.
When it was all said and done on Tuesday, all of the major indices finished the day lower, as rate hike fears and concerns over the NVIDIA (NASDAQ: NVDA) situation brought out the sellers, which in turn pressured the Nasdaq, which closed down 0.74$ at 25,065, while the small-cap Russell 2000 was also hit, finishing the session at 2,823, down 0.60%. The S&P 500 closed Tuesday at 7,520, down 0.38%, while the Dow Jones Industrial Average was last seen at 52,231, down 0.30%. All indices closed well off the day’s low.
24/7 Wall St. reviews dozens of analyst research reports every day to identify fresh investment ideas for investors and traders alike. These daily analyst notes include recommendations on stocks to buy, sell, or avoid, as well as new coverage initiations. Important reminder: No single analyst report should ever be the sole basis for buying or selling a stock.
Here are some of the top Wall Street analyst upgrades, downgrades, and initiations from Wednesday, November 11, 2026.
Upgrades:
- Apple (NASDAQ: AAPL) was upgraded to Buy from Hold at China Renaissance, which has a $425 target for the legacy tech giant.
- Delek US Holdings (NYSE: DK) was raised to Buy from Hold at Freedom Broker, which nudged the target price for the shares to $88 from $86.
- Gladstone Investment Corporation (NASDAQ: GAIN) was upgraded to Buy from Neutral at Ladenburg, with a $17 target price.
- Mercury Systems (NASDAQ: MRCY) was upgraded to Overweight from Neutral at JPMorgan, which has a $102 target price.
- Republic Services (NYSE: RSG) was upgraded to Overweight from Equal Weight at JPMorgan, which lifted the price target for the stock to $295 from $265.
- Akamai Technologies (NASDAQ: AKAM) was downgraded to In Line from Outperform at Evercore ISI, which slashed the target price for the shares to $90 from $150.
- Halozyme Therapeutics (NASDAQ: HALO was cut to Equal Weight from Overweight at Morgan Stanley, which nudged the target price for the stock to $109 from $105.
- Riot Platforms (NASDAQ: RIOT) was cut to Market Perform from Outperform at Keefe, Bruyette & Woods, which bumped the target price to $23 from $20.
- Toast (NYSE: TOST) was downgraded to Market Perform from Outperform at Bernstein, which trimmed the target price to $38 from $45.
- NVIDIA (NASDAQ: NVDA) was downgraded to Neutral from Outperform at Baird, which absolutely crushed the target price to $200 from $500. The company said lack of visibilty citing the issues with the CEO Jensen Huang prompted the move.
- BILL Holdings (NYSE: BILL) was assumed with a Buy rating at UBS, which raised the target price to $64 from $60.
- Corning (NYSE: GLW) was initiated with a Buy rating at Jefferies, with a $134 target price.
- Form Factor (NASDAQ: FORM) was started with a Buy rating at Jefferies, with a $102 target price.
- Guidewire Software (NASDAQ: GWRE) was initiated with a Hold rating at Jefferies, with a $175 target price.
- Zebra Technologies (NASDAQ: ZBRA) was started with a Buy rating at Jefferies, which has a $382 target price.