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Market Briefing

Wednesday, May 7, 2026

AMD led a broad tech upgrade wave with three simultaneous analyst upgrades this morning, while ProtaGene (PTGX) delivered the day's biggest earnings surprise at +109%. BRBR and BLD each took double downgrades. Disney and Marriott filed Q2 results after market close.

Upgrades

23 today
AMD 3 firms

Goldman → Buy $450

Bernstein → Outperform $525

Seaport → Buy $430

PLTR

Argus → Buy

$190
WTW

Citigroup → Buy

$300
GFS

Susquehanna → Positive

$100
DVA

Deutsche Bank → Buy

$220
MNST

Rothschild Redburn → Buy

$90
VFC

BTIG → Buy

$23

Downgrades

14 today
BRBR 2 firms

Morgan Stanley → Equal-Weight $13

Bernstein → Mkt Perform $11

BLD 2 firms

DA Davidson → Neutral $437

Loop Capital → Hold $485

CPNG

Citi + Deutsche Bank ↓

$22–23
ANF

Barclays → Underweight

$76
WLK

JP Morgan → Underweight

$90
IAC

Jefferies → Hold

$44

Initiations

KYMR

Canaccord → Buy

$106
FLY

B. Riley → Buy

$60
OSCR

Wolfe → Peer Perform

CELH

Rothschild Redburn → Neutral

$47