Here Are Wednesday’s Top Wall Street Analyst Research Calls: Coinbase Global, Diamondback Energy, Deere, Doximity, Dutch Bros., Johnson & Johnson, Robinhood Markets, Verizon …
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Pre-Market Stock Futures:
The futures are exploding higher, as, fortunately, President Trump chose not to “end civilization in Iran” and agreed to a two-week pause on attacks on Iran. In contrast, Iran agreed to let ships pass through the Strait of Hormuz. The major indices were mixed after starting Tuesday deep in the red, then rallying in the afternoon. The S&P 500 and the Nasdaq finished modestly higher, closing at 6,615 and 22,017, respectively. The Dow Jones Industrial Average closed lower by just 0.18% at 46,584, while the small-cap-heavy Russell 2000 was last seen at 2,543, up 0.10%.
Treasury Bonds:
Yields were down across the entire Treasury curve on Tuesday, as investors clearly sensed that the worst could happen in Iran and sought the shelter of U.S. government debt. Following a jump in yields earlier in the week, investors bought on dips and consolidated ahead of crucial 30-year bond auctions, even as oil prices remained elevated. The 30-year long bond closed the session at 4.88%, while the benchmark 10-year note was last seen at 4.31%.
Oil and Gas:
In a very welcome sign for investors, oil finally fell for the first time in days, as hopes for an easing of tensions and more ships passing through the Strait of Hormuz were positive data points on Tuesday. Brent Crude fell 3.52% to close at $105.90, while West Texas Intermediate finished 1% lower at $111.30. Natural gas closed the day at $2.84, up 1.17%.
Gold:
Like stocks on Tuesday, precious metals sold off until an afternoon reversal that helped Gold turn around and finish the day at $4,708, up 1.31%, while Silver closed at $72.97, up 0.44%. Like Treasury bonds on Tuesday, the precious metals buying was driven primarily by intensified safe-haven demand stemming from escalating geopolitical tensions in the Middle East.
Crypto:
Cryptocurrency markets pulled back on Tuesday amid mounting geopolitical unease in the Middle East, rattling investor confidence. Bitcoin dipped below $70,000, trading in the $68,000–$69,000 range, while the broader market shed earlier weekly gains, and total market capitalization declined. With a Trump-imposed deadline on Iran’s infrastructure looming, traders largely held their positions, leaving sentiment cautious and the market tilted firmly to the downside. At 8 AM EDT, Bitcoin was trading at $71,700, while Ethereum was quoted at $2,250.
24/7 Wall St. reviews dozens of analyst research reports daily to identify new investment ideas for both investors and traders. Some of these daily analyst calls cover stocks to buy. Other calls cover stocks to sell or avoid. Remember that no single analyst call should ever be used as a basis to buy or sell a stock.
Here are some of the top Wall Street analyst upgrades, downgrades, and initiations seen on Wednesday, April 8, 2026.
Upgrades:
- Clean Harbors Inc. (NYSE: CLH) was upgraded to Buy from Neutral at Citigroup, which has a $346 target price for the shares.
- Deere & Company (NYSE: DE) Jefferies upgraded the stock to Hold from Underperform, with a $550 target price.
- Freshpet Inc. (NASDAQ: FRPT) was raised to Buy from Hold at TD Cowen, with an $80 target price.
- LPL Financial Holdings Inc. (NASDAQ: LPLA) was upgraded to Buy at UBS from Neutral, but the target price was lowered to $380 from $406.
- T-Mobile US Inc. (NASDAQ: TMUS | TMUS Price Prediction) was upgraded to Buy from Neutral at MoffettNathanson, which has a $254 target price for the shares.
Downgrades:
- Coinbase Global (NASDAQ: COIN) was downgraded to Underweight from Equal Weight at Barclays, which trimmed the target price for the shares to $140 from $142.
- Doximity Inc. (NYSE: DOCS) was cut to In Line from Outperform at Evercore ISI, which trimmed the target price for the stock to $25 from $30.
- Diamondback Energy Inc. (NASDAQ: FANG) was downgraded to Neutral from Buy at Roth Capital, which lifted the target price for the stock to $200 from $180.
- Permian Resources Corp. (NYSE: PR) was cut to Neutral from Buy at Roth Capital, which bumped the target price for the stock to $22 from $20.
- Verizon Communications Inc. (NYSE: VZ) was downgraded to Hold from Buy at DBS Bank, which has a $52 target price for the telecom giant.
Initiations:
- CME Group Inc. (NYSE: CME) was resumed in coverage at Keefe Bruyette, which has a $305 target price for the stock.
- Dutch Bros. Inc. (NYSE: BROS) was initiated with an Outperform rating at Telsey Advisory, which has set a $66 target price.
- Johnson & Johnson (NYSE: JNJ) was assumed in coverage with a Buy rating at TD Cowen, with a $250 target price for the shares.
- Robinhood Markets Inc. (NASDAQ: HOOD) was resumed in coverage at Keefe Bruyette with a Market Perform rating with a $75 target price.
- UMB Financial Corp. (NASDAQ: UMBF) was initiated with an Outperform rating at Autonomos with an Outperform rating and a $135 target price objective.