Here’s the biggest voice on Wall Street on Tuesday: Morgan Stanley upgrades Vale from equal weight to overweight The firm says the metals and mining giant is “undervalued.” “We upgrade Vale to overweight as the stock remains undervalued…” Mizuho reiterates Tesla’s outperformance Mizuho raises its price target on the stock and says it is bullish on Tesla’s robotaxi efforts. “TSLA – Repeat OP, raise PT from $475 to $530.” Bank of America upgrades to acquire UBS from neutral position Bank of America said the Swiss bank was the best idea for 2026, saying: “The eventual birth of UBS is a very attractive proposition, with the equity story combining the potential for more lenient capital requirements with strong growth areas in wealth management and capital markets.” Compass Point launches WhiteFiber during acquisition Compass says the data center company is well-positioned when it comes to AI. “We are initiating coverage of White Fiber (WYFI) with a Buy rating and $32 price target.” Goldman Sachs Upgrades Moody’s Acquisition from Neutral Goldman says Moody’s is a “pure public ratings agency.” “And Moody’s (MCO) is the closest pure-play public rating agency with the most influence on these trends, so we’re upgrading it from Neutral to Buy.” Jefferies launches acquisition of D-Wave Quantum Jefferies says there’s still room to play in the quantum computing company’s stock. “D‑Wave stands to benefit from ecosystem tailwinds that drive sentiment and usage across quantum architectures.” Bank of America Adds Estée Lauder to US1 List Bank of America says cosmetics stocks are the best idea heading into 2026 and says it is adding “Estée Lauder Companies (EL) to the US1 List.” Morgan Stanley upgrades Bunge from equal weight to overweight Morgan Stanley says food processors are well positioned heading into 2026 “In this new framework, we prefer Bunge over ADM simply because the former has more upside than expected and vice versa for the latter…” Morgan Stanley upgrades L3Harris Technologies and General Dynamics from equal weight to overweight The firm says both defense stocks are well positioned heading into 2026. Upgrade LHX and GD from equal weight to overweight, and downgrade LMT from overweight to equal weight. ” Morgan Stanley upgrades SolarEdge from underweight to equal weight Morgan Stanley says housing demand is improving. “For SolarEdge, we believe operating performance has bottomed out and we expect an improving backdrop in the residential solar market to support a recovery in growth and earnings.”Morgan Stanley downgrades Allstate from overweight to equal weight.The investment bank said it was concerned about increased competition. “Allstate has made significant efforts to return to high profitability and improve growth, and we believe this thesis is largely understood by investors now.” Mizuho opens MetLife with outperformance Mizuho says the insurer is best positioned to gain market share. “We are proactive in positioning MetLife to achieve continued growth and market share gains across group benefits, Latin America, and retirement and income solutions.”Morgan Stanley double-upgrades Roku from underweight to overweight; Outfront Media double-upgrades from equal weight to overweight Morgan Stanley says it likes both stocks’ exposure to the advertising market. “I’m upgrading ROKU and OUT to OW to increase ad exposure.” Read more. Morgan Stanley upgrades IdaCorp from equal weight to overweight Morgan Stanley says the utility has upside potential. “We are upgrading IDA to OW (from EW) with a price target of $139 per share (+10% upside)” Jefferies upgrades Okta from hold to buy Jefferies says the cyber and ID access company is firing on all cylinders. “We believe there is a significant opportunity as OKTA looks to build a complete identity platform and capture growing agent demand.” Stifel launches acquisition of Ondus Holdings Stifel said the company offers differentiated services. “ONDS is positioned to emerge as a leader in the unmanned systems space.” Citizen JMP Begins Orientation with Market-Outperforming Citizen Citizen sees many benefits for the robotics company. “We initiate coverage on Stereo Taxi with a Market Outperform rating and a $4 target price.” KeyBanc raises Trimble from sector weight to overweight. KeyBanc expects earnings per share growth for the software company. “Given renewed confidence in our ARR (annual recurring revenue and DD EPS growth framework), we upgrade TRMB to overweight.” RBC upgrades Jack Henry to outperform from sector perform. RBC says it sees “sales momentum.” “We believe JKHY has a unique catalytic pathway to withstand current market volatility.” Evercore ISI launches Insulet outperforming insulin pump companies Evercore says insulin pump company is a top performer Morgan Stanley upgraded Accenture to overweight from equal weight, saying, “Accenture is attractive to overweight given the attractive entry point of 18x EPS from FY27 onwards.” Wells Fargo upgrades GAP from equal weight to overweight. Wells said he is evaluating the clothing retailer’s management’s strategic execution. “Over two years at the helm, CEO Richard Dixon has seen meaningful changes in the performance of GAP’s two largest brands.” Barclays upgrades CH Robinson from equal weight to overweight. Barclays expects profit growth in 2026. “We upgrade CH Robinson (CHRW) stock to overweight as we capitalize on market AI investments and show clear improvement despite a weak cargo environment. Even after the stock outperforms by nearly 40% in 2025, earnings growth and valuation remain significant upside.” Barclays upgrades Southwest Airlines from equal weight to overweight. 2026 “We also upgrade shares of Southwest Airlines (LUV) to overweight, as the airline benefits from a significant improvement in its commercial strategy and more bearish investor expectations of potential market share losses begin to fade.” Deutsche Bank said the regional bank’s stock is attractive, saying “EWBC is a high-quality mid-cap bank with large-cap characteristics…” Bank of America reiterated that the bank is a buy. NVIDIA is a top contender in 2026 “We believe 2026 marks the midpoint of an 8-10 year journey to upgrade traditional IT infrastructure for accelerated AI workloads.” JPMorgan initiates Aeromexico with an overweight rating The firm said it “initiates AERO with an OW rating and a December 2026 price target of $28.50.” Bank of America has repeatedly stated that acquiring a global hotel company in 2026 is the best idea to host the World Cup, stating: We reiterate that we are bullish on IHG heading into 2026, as we expect US RevPAR (revenue per available room), a regional laggard in 2025, to improve starting in Q2 2026, with improved year-over-year performance and boost from the FIFA World Cup and America 250 events. read more.
