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Here Are Wednesday’s Top Wall Street Analyst Research Calls: Advanced Micro Devices, American Eagle Outfitters, GlobalFoundries, IAC, Merck, Palantir Technologies, Reddit, and More

Wall Street research flows helped lift stocks as oil eased on signs of de‑escalation in Iran and strong Q1 earnings. Notably, Goldman Sachs upgraded Advanced Micro Devices to Buy and sharply raised its target to $450 (from $240), a bullish catalyst for AMD shares and the chip sector. The broader market rallied to fresh highs (Nasdaq, S&P 500, Dow), Treasury yields fell as buyers stepped into longer-dated bonds, and commodities and crypto moved sharply — Brent down to $110.30 and Bitcoin reclaiming the $80k area (~$81.5k–$82.5k) on ETF inflows. The piece is a roundup of analyst upgrades/downgrades and initiations (e.g., Palantir raised, Merck reinstated), underscoring analyst-driven stock moves and continued sensitivity of markets to oil/geo‑political developments.

Category

AMD

Sentiment

Bullish

Event

Institutional outlook

Reading time

1 min