22 hours ago 3

CrowdStrike and McDonald’s downgraded: Wall Street’s top analyst calls

TipRanks

Sat, Jun 7, 2025, 9:40 AM 4 min read

Melius Research upgraded Deere (DE) to Buy from Hold with a $750 price target. The firm believes Deere’s “leading position” in agriculture technology will deliver “transformational value” to farmers.
Jefferies upgraded Urban Outfitters (URBN) to Hold from Underperform with a price target of $70, up from $50. The firm upgrades the shares following Urban’s “healthy” Q1 results and ahead of an investor event next week
Scotiabank upgraded Sarepta (SRPT) to Outperform from Sector Perform with an unchanged price target of $80. Now that negative news, including an Elevidys patient death and downward revision of 2025 sales guidance, is “more than reflected” in the share price, the firm thinks the risk reward is favorable and it sees several important catalysts coming up that could drive the stock higher.
Morgan Stanley upgraded Applied Materials (AMAT) to Equal Weight from Underweight with a price target of $158, down from $162. The firm says the stock’s valuation drives the upgrade as its estimates are below consensus.
UBS upgraded Teradata (TDC) to Neutral from Sell with a price target of $24, down from $26. After speaking with 15 of the company’s customers and partners, the firm resumes coverage at Neutral from Sell, concluding the outlook for Teradata is “still challenging” but that much of this appears to be priced into the shares.

Top 5 Downgrades:

Bernstein downgraded CrowdStrike (CRWD) to Market Perform from Outperform with an unchanged price target of $371. The firm says the shares are “VERY expensive” at current levels.
Loop Capital downgraded McDonald’s (MCD) to Hold from Buy with a price target of $315, down from $346. The firm has “growing concerns” that McDonald’s domestic comparable sales growth profile will not rebound as much as expected over the remainder of 2025.
Northland downgraded Toro Company (TTC) to Market Perform from Outperform with a price target of $80, down from $100, after the company reported “mixed” Q2 results and lowered FY25 guidance.
Goldman Sachs downgraded MYR Group (MYRG) to Neutral from Buy with a higher price target of $168, up from $145, as part of a broader research note on Americas Energy Services. The firm continues to believe that MYR will benefit from strong utility spending but also warns that at the current price the stock is reflecting a high single digit revenue growth CAGR through 2030, which is in line with its broader expectations of utility spending.
Citi downgraded AMH (AMH) to Neutral from Buy with an unchanged $41 price target as part of a broader research note on REITs and Lodging. Citi says May will likely represent the peak of AMH’s new lease growth, surprising some investors.