Here Are Wednesday's Best Wall Street Analyst Research Calls: Abbott Laboratories, Circle Internet, Dow, Kratos Defense, Lockheed Martin, Salesforce, ServiceNow,SpaceX, and More

The article is a Wall Street analyst roundup focused on Wednesday’s research calls, while also noting that U.S. stocks enter Q3 after a strong first half but are in overbought territory. For the S&P 500, the broader backdrop is constructive but potentially vulnerable to a summer pullback as the Magnificent 7 have lagged the index in 2026. The main market-relevant items are analyst actions: Citigroup upgraded Lockheed Martin to Buy with a $582 target; Guggenheim upgraded Salesforce and ServiceNow to Buy; and RBC Capital cut Dow to Sector Perform and slashed its target from $51 to $28. The piece also highlights separate initiation calls on Abbott Laboratories, Kratos Defense, Seadrill, SpaceX, and Starz Entertainment. Overall sentiment for the market tone is mixed-to-cautiously bullish given strong year-to-date index performance but elevated valuation/positioning risk.