The week in analyst ratings — July 5, 2026
16 upgrades, 12 downgrades and 16 new initiations across ~500 US large caps this week — and which firms' calls have the track records to back them.
Wall Street firms published 44 rating changes across StockRank's ~500-stock US coverage this past week: 16 upgrades, 12 downgrades and 16 initiations. Here are the calls from the firms with the strongest measured track records, as of July 5, 2026.
Notable calls, ranked by the caller's record
| Ticker | Firm | Action | Rating | Firm's 12M hit rate | |---|---|---|---|---| | CMCSA | Rosenblatt | Upgrade | Buy | 54% (n=381) | | HON | Daiwa Capital | Upgrade | Outperform | 56% (n=18) | | TECH | Benchmark | Downgrade | Hold | 50% (n=381) | | LMT | Citigroup | Upgrade | Buy | 46% (n=1223) | | TFC | Citigroup | Downgrade | Neutral | 46% (n=1223) | | TECH | Citigroup | Downgrade | Neutral | 46% (n=1223) | | FDXF | Goldman Sachs | Initiated | Buy | 49% (n=702) | | CMCSA | Deutsche Bank | Upgrade | Buy | 49% (n=358) | | CVX | Wolfe Research | Upgrade | Outperform | 49% (n=120) | | FOXA | Wolfe Research | Upgrade | Outperform | 49% (n=120) | | SPG | Wolfe Research | Downgrade | Peer Perform | 49% (n=120) | | HONA | Wolfe Research | Initiated | Peer Perform | 49% (n=120) |
Hit rate = share of the firm's historical buy-equivalent ratings that beat the S&P 500 over the following 12 months, computed by StockRank; n = evaluated ratings. Live version on the ratings feed and Top Firms leaderboard.
How to read it
The week saw modest rotational activity across StockRank's coverage universe, with upgrades and downgrades roughly balanced at 16 and 12 respectively, while 16 initiations marked entry points for newly covered names. Among the highest-performing analyst teams by track record, Wolfe Research led activity with four moves—three upgrades across energy and media holdings alongside one initiation—while Citigroup and Rosenblatt each contributed multiple changes spanning industrials, telecom, and financial services.
The composition of this week's actions reflects mixed conviction signals from top-ranked firms. Rosenblatt and Deutsche Bank both upgraded Comcast, while separate upgrades emerged for Honeywell, Lockheed Martin, Chevron, and Fox from firms posting 49–56% accuracy rates over their respective tracking periods. Offsetting these were downgrades to TECH stock from both Benchmark and Citigroup, a downgrade of Syrupstone Properties from Wolfe Research, and Citigroup's move to Neutral on Truist Financial—suggesting selective pullback in technology and real estate amid the broader shift.
Initiations by Goldman Sachs on Federated Hermes and Wolfe Research on Honda mark new coverage entry points from established teams. The week's pattern points to sector-specific repositioning rather than broad market sentiment shift, with upgrades concentrating in industrials and energy while technology and discretionary real estate faced pressure from some of the most reliable analyst voices in the dataset.
The necessary caveats
Everything above is a descriptive snapshot of third-party analyst opinions (via Yahoo Finance, delayed), aggregated by StockRank. Ratings and price targets are the published views of the named firms, not StockRank's, and historical accuracy does not guarantee future results. Nothing in this article is investment advice or a recommendation. Methodology — windows, benchmark, minimum samples — is published in full here.
Every rating change across our coverage lands on the live ratings feed daily.