Starbucks upgraded, Doximity downgraded: Wall Street's top analyst calls
Key takeaways
- Here are today s research calls that investors need to know, as compiled by The Fly.Top 5 Upgrades:
- TD Cowen upgraded Starbucks (SBUX) to Buy from Hold with a price target of $120, up from $106.
- JPMorgan upgraded Cheesecake Factory (CAKE) to Neutral from Underweight with a price target of $68, up from $58, post the Q1 report.
Starbucks upgraded, Doximity downgraded: Wall Street's top analyst calls Starbucks upgraded, Doximity downgraded: Wall Street's top analyst calls The Fly Thu, May 14, 2026 at 8:45 PM GMT+7 4 min read DOCS CAKE STAA VSAT ASO The most talked about and market moving research calls around Wall Street are now in one place. Here are today s research calls that investors need to know, as compiled by The Fly.Top 5 Upgrades:
TD Cowen upgraded Starbucks (SBUX) to Buy from Hold with a price target of $120, up from $106. The firm says the company has "numerous tangible drivers" to drive positive sales revisions in a "strong category backdrop."
JPMorgan upgraded Cheesecake Factory (CAKE) to Neutral from Underweight with a price target of $68, up from $58, post the Q1 report. The company is showing steady execution in the face of macro headwinds, the firm tells investors in a research note.