Wednesday brought a wave of bullish sentiment from Wall Street analysts, with five companies catching upgraded ratings that could signal changing fortunes ahead.
The headline grabber is Procter & Gamble Co (PG), where Jefferies analyst Kaumil Gajrawala made a notable shift from Hold to Buy. The price target increase from $156 to $179 is particularly striking given that shares closed at $145.21 on Tuesday, suggesting the analyst sees meaningful upside ahead for the consumer products titan.
Retail stocks dominated the upgrade list, with three of the five calls focused on consumer-facing companies. Baird analyst Mark Altschwager turned optimistic on Gap Inc (GAP), moving from Neutral to Outperform and lifting the price target from $27 to $33. That upgrade comes as shares were trading essentially right at the old target, closing at $27.06 on Tuesday.
Urban Outfitters Inc (URBN) also caught an analyst's eye, with Telsey Advisory Group analyst Dana Telsey shifting from Market Perform to Outperform. The new price target of $98 represents a significant premium to Tuesday's close of $81.73, indicating Telsey sees considerable room for the specialty retailer to run.
The hospitality sector got some love too, with RBC Capital analyst Brad Erickson upgrading Airbnb Inc (ABNB) from Sector Perform to Outperform. The price target jumped from $145 to $170, well above the $132.01 closing price. That's a substantial target increase that suggests Erickson believes the travel platform has more momentum than previously anticipated.
Rounding out the upgrade cycle, Morgan Stanley analyst Toni Kaplan moved FactSet Research Systems Inc (FDS) from Underweight to Equal-Weight, boosting the price target from $293 to $307. While that's not exactly a ringing endorsement compared to the other upgrades, it does represent a meaningful shift in perspective on the financial data provider, whose shares closed right at $293.00 on Tuesday.
These upgrades reflect analysts reassessing their views based on evolving business fundamentals, market conditions, and company-specific developments. Whether these bullish calls prove prescient remains to be seen, but they certainly represent a collective vote of confidence across multiple sectors.




