SA analyst upgrades/downgrades: NFLX, AMD, LLY, UNP

Analysts issued a mix of ratings that could move individual equities: Oliver Rodzianko upgraded Eli Lilly (LLY.N) to Buy, citing durable growth from obesity drugs Mounjaro and Zepbound and a stronger supply chain/pipeline, while Luca Socci gave Union Pacific (UNP.N) a Buy based on industry-leading operational efficiency. Conversely, AMD (AMD.OQ) and Netflix (NFLX.OQ) were downgraded—AMD for valuation and execution concerns relative to AI peers, and Netflix over worries about near-term subscriber growth and guidance after recent price increases. These calls may support further upside for LLY and UNP shares and add downward pressure or increased volatility for AMD and NFLX as investors reassess near-term growth and valuation risks.