Wall Street analysts reshuffled their ratings on several prominent stocks Tuesday, with notable moves in the semiconductor space and a pair of utility upgrades catching investor attention.

AMD Gets a Fresh Look

KeyBanc analyst John Vinh upgraded Advanced Micro Devices Inc. (AMD) from Sector Weight to Overweight, slapping a $270 price target on the chipmaker. That's a meaningful vote of confidence considering AMD closed at $207.69 on Monday. The upgrade suggests Vinh sees about 30% upside from current levels as AMD continues battling for market share in data centers and AI chips.

Intel Joins the Party

In an interesting pairing, Vinh also upgraded Intel Corp. (INTC) from Sector Weight to Overweight, announcing a $60 price target. Intel shares closed at $44.06 on Monday, meaning the analyst is projecting roughly 36% upside for the struggling chip giant. The dual semiconductor upgrades suggest growing optimism about the sector's prospects despite recent volatility.

Moody's Gets a Rating Boost of Its Own

Daiwa Capital analyst Kazuya Nishimura upgraded Moody's Corp (MCO) from Neutral to Outperform and raised the price target from $500 to $590. The credit ratings agency closed at $535.12 on Monday, putting it already above the old target but still with room to run according to Nishimura's new outlook.

Utilities Power Up

BMO Capital analyst James Thalacker made two moves in the utility sector. He upgraded CenterPoint Energy Inc. (CNP) from Market Perform to Outperform while maintaining a $42 price target. CenterPoint shares closed at $37.88 on Monday, suggesting about 11% upside.

Thalacker also upgraded Alliant Energy Corp (LNT) from Market Perform to Outperform, raising the price target from $70 to $71. Alliant closed at $65.17 on Monday, leaving room for modest gains if the analyst's thesis plays out.

These rating changes reflect shifting analyst sentiment as companies navigate evolving market conditions. Whether these upgrades prove prescient remains to be seen, but they certainly give investors fresh perspectives on where Wall Street sees opportunity heading into the new quarter.