Here Are Tuesday’s Top Wall Street Analyst Research Calls: Chevron, Domino’s Pizza, Doximity, Exact Sciences, Intel, NetApp, StubHub, Toast, and More

Pre-Market Stock Futures:

Futures are trading dramatically lower as we start the holiday-shortened trading week, following yesterday’s MLK remembrance day. The futures downdraft this morning is being attributed to President Trump’s threat to raise tariffs significantly over Greenland. Last Friday, the market closed unchanged primarily after a sizable options expiration that boosted trading volume throughout the day. With 184 companies reporting fourth-quarter results this week, many top stocks could be data-driven and volatile over the next four days. On Friday, the Dow Jones Industrials closed the day down 0.17% at 49,359, while the S&P 500 was last seen modestly lower at 6,940, down just 0.06%. The tech-heavy Nasdaq also closed down just 0.06% at 23,515. Once again, as has been the case since the start of the year, the Russell 2000 finished the day higher by 0.12% at 2,677. The small-cap index is off to its best start in years and may be one of the best ideas for 2026. Here is an exchange-traded fund that tracks the index: the iShares Russell 2000 ETF (NYSEArca: IWM | IWM Price Prediction). It is the largest Russell 2000 ETF, with nearly $70 billion in assets and daily trading volume of upwards of 37 million shares. It has a slightly higher expense ratio of 0.19% compared with Vanguard’s Russell 2000 ETF, but offers superior liquidity.

Treasury Bonds:

Yields were mainly higher across the treasury curve as sellers closed out the week with the upper hand. Bonds are selling off again this morning on the tariff threats.  Portfolio managers pointed to President Trump’s comments suggesting he’d prefer to keep Kevin Hassett at the NEC, who is known as an interest rate dove, as reducing expectations for aggressive Fed rate cuts, which led to higher long-term yields on Friday. At the same time, incoming economic data showed stability, keeping pressure on bonds. Traders saw yields break out of their narrow range, indicating a bond-bearish shift as the market digested potential policy shifts and a less dovish Fed outlook. The 30-year bond closed the day Friday at 4.84% and is trading at 4.93% this morning, while the 10-year note was last seen at 4.23% on Friday and is at 4.29% this morning. 

Oil and Gas:

After a tough stretch across the energy complex last week, when it became clear the president was tapping the brakes on military action against Iran, traders saw a modest turnaround at the end of the week. Industry analysts noted that the ongoing Middle East tensions and potential supply shifts (such as Venezuelan swaps) helped ease fears of an immediate US-Iran conflict. At the same time, technical factors and inventory data were influential on Friday. Brent Crude closed trading at $64.07, up 0.49%, while West Texas Intermediate finished the session at $59.39. Natural gas finished the day mostly unchanged at $3.10. 

Gold:

For the second session in a row, which has been rare over the last year, Gold finished lower on Friday, closing down 0.42% at $4,596. Once again, the culprit was likely profit-taking after the precious metals’ huge run over the last year. Most traders have anticipated a consolidation, but even a down or sideways trade for a spell is unlikely to slow the momentum as Gold nears the $5,000 mark. Silver finished the day down 2.25% at $90.29, with a similar setup to Gold for potential price consolidation.

Crypto:

The cryptocurrency market experienced a subdued, consolidation-focused trading day on Friday, following some earlier weekly highs, with notable activity from specific entities and sectors. Bitcoin traded around $94,500–$95,000 on Friday, holding above key support levels despite a 1.3% decline in midday trading. Over the weekend and on Monday, crypto traded mostly flat amid the holiday slowdown. At 8 a.m. EST, Bitcoin is trading at $91,132, down over 2%, while Ethereum is quoted at $3,105, down 3.85%, both lower amid tariff sabre-rattling. 

24/7 Wall St. reviews dozens of analyst research reports daily to identify new investment ideas for both investors and traders. Some of these daily analyst calls cover stocks to buy. Other calls cover stocks to sell or avoid. Remember that no single analyst call should ever be used as a basis to buy or sell a stock. 

Here are some of the top Wall Street analyst upgrades, downgrades, and initiations seen on Tuesday, January 20, 2026. 

Upgrades:

• Doximity Inc. (NYSE: DOCS) was upgraded to Overweight from Equal Weight at Wells Fargo, which actually lowered the target price on the company to $55 from $65.
• Intel Inc. (NASDAQ: INTC) was raised to Hold from Reduce at HSBC, which lifted the target price on the semiconductor giant to $50 from $26.
• Realty Income Inc. (NYSE: O) was upgraded to Buy from Hold at Deutsche Bank with a $69 target price for the Dividend Aristocrat.
• Shake Shack Inc. (NYSE: SHAK) was upgraded to Overweight from Equal Weight at Morgan Stanley, which raised the target price on the stock to $125 from $115.
• Toast Inc. (NYSE: TOST) was upgraded to Outperform from In Line at Evercore ISI with a $40 target price objective.

Downgrades:

• ConocoPhillips (NYSE: COP) was downgraded to Neutral from Overweight at JPMorgan with a $98 target price.
• Domino’s Pizza Inc. (NYSE: DPZ) was cut to Equal Weight from Overweight at Morgan Stanley, which slashed the target price for the stock to $455 from $535.
• Exact Sciences Corp. (NASDAQ: EXAS) was downgraded to Neutral from Outperform at Mizuho, which actually raised the target price on the shares to $105 from $85.
• NetApp Inc. (NASDAQ: NTAP) was downgraded to Underweight from Equal Weight at Morgan Stanley, which lowered the target price to $89 from $117.
• Philip Morris International Inc. (NYSE: PM) was cut to Hold from Buy at Jefferies, which lowered the target price on the tobacco giant to $180 from $220.

Initiations:

• Agilent Inc. (NYSE: A) was initiated with a Buy rating at HSBC, with a $180 target price.
• Brinker Corp. (NYSE: EAT) was initiated with a Buy rating at TD Cowen, which has a $192 target for the Chili’s parent.
• Chevron Corp. (NYSE: CVX) was resumed in coverage at JP Morgan with an Overweight rating to go with a $176 target price. 
  
• StubHub Holdings Inc. (NYSE: STUB) was initiated with a Sell rating at Citigroup with a $13 target price.
• Texas Roadhouse Inc. (NASDAQ: TXRH) was started with a Buy rating at TD Cowen, with a $215 target price objective.