Pre-Market Stock Futures:
Futures are trading lower after an incredible turnaround on Friday, with all major indices surging higher following a three-day massive sell-off that had pushed the stock market to the brink of a meltdown. The rally on Friday came in full force despite Amazon.com (NASDAQ: AMZN) being beaten down after posting earnings after the close on Thursday, and trading down 5.5% on Friday. The rally was boosted by significant short-covering by hedge funds and by serious bargain hunting by money managers looking to add quality technology names at lower prices. The Dow Jones Industrials exploded 2.47% higher to set a new all-time high and eclipsed the 50,000 level to close at 50,115. The S&P 500 closed the session at 6,932, up 1.97%, while the tech-heavy Nasdaq closed Friday at 23,031, up 2.18%. The Russell 2000, a proxy for small-cap companies in the U.S., surged 3.60% on Friday and closed at 2,670.
Treasury Bonds:
Yields across the Treasury curve were essentially unchanged on Friday as bond traders and portfolio managers stayed on the sidelines to see whether the bounce-back rally has legs, which we will see this week. Short-term debt was sold off as investors embraced riskier assets following a volatile week. The market saw a slight steepening of the curve as investors continued to assess the state of the U.S. economy and interest rate expectations, which is why the focus will shift to economic data as fourth-quarter earnings are nearly complete. The 30-year bond closed Friday at 4.85%, while the benchmark 10-year note was last seen at 4.21%.
Oil and Gas:
Oil closed higher on Friday after reversing earlier losses amid growing geopolitical concerns about U.S.-Iran tensions. While the U.S and Iran are pledging to continue the discussions they started on Friday, many feel that the President wants the killing of civilians to stop at once. Brent crude finished the day at $68.05, up 0.64%, while West Texas Intermediate closed at $63.55, up 0.41%. After a massive rally, natural gas closed Friday down 2.48% at $3.42 on profit-taking and expectations for warmer weather after a frigid start to the year.
Gold:
Gold rallied on Friday, trading up nearly 4%, driven by safe-haven demand, potential softening in U.S. economic activity, and a reversal of prior heavy selling. This hefty rebound followed a volatile week in which prices fell to around $4,740 earlier on Friday before recovering smartly in afternoon trading. The last trade on Friday was posted at $4,966, while Silver closed at $77.69, up almost 10% on the day.
Crypto:
Cryptocurrency markets staged a strong recovery on Friday, with Bitcoin rebounding more than 10% to breach the $70,000 level after dropping to near $60,000 on Thursday. The surge followed a volatile week, with crypto-related stocks getting hammered as the digital currency plunged. At 8 AM EST on Monday, Bitcoin is trading at 68,943, while Ethereum is quoted at $2,030.
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 on Monday, February 9, 2026.
Upgrades:
- Doximity Inc. (NYSE: DOCS | DOCS Price Prediction) was upgraded to Buy from Hold at Canaccord, which dropped the price target from $48 to $34.
- Oracle Corp. (NASDAQ: ORCL) was upgraded to Buy from Neutral at DA Davidson with a $180 target price objective for the legacy tech giant.
- Robinhood Markets Inc. (NASDAQ: HOOD) was raised to Outperform from Peer Perform at Wolfe Research, with a $125 target price.
- Roblox Corp. (NYSE: RBLX) was upgraded to Buy from Neutral at Roth Capital, which lifted the target price for the stock to $84 from $78.
- SoFi Technology Inc. (NASDAQ: SOFI) was upgraded to Outperform from Market Perform at Citizens, with a $30 target price.
Downgrades:
- Autozone Inc. (NYSE: AZO) was downgraded to Neutral from Outperform at Baird, which slashed the target price for the autoparts giant to $3,900 from $4,500.
- Crown Holdings Inc. (NYSE: CCK) was downgraded to Neutral from Buy at UBS, with a $126 target price.
- Li Auto Inc. (NASDAQ: LI) was cut to Underperform from Market Perform at JPMorgan with a $14 target.
- Westlake Corp. (NYSE: WLK) was downgraded to Neutral from Outperform at Mizuho, with an $88 target price.
- Zions Bancorporation NA (NASDAQ: ZION) was cut to Neutral from Outperform at Baird, with a $65 target price.
Initiations:
- Beta Technologies Inc. (NYSE: BETA) was initiated with a Buy rating at UBS with a $24 target price.
- Cipher Mining Inc. (NASDAQ: CIFR) was started with an Overweight rating at Morgan Stanley, with a $38 target price objective.
- Fermi Inc. (NASDAQ: FRMI) was initiated with an Outperform rating at Citizens with a $30 target price.
- StoneCo Ltd. (NASDAQ: STNE) was started with a Buy rating at BTIG, with a $22 target price.
- Terawulf Inc. (NASDAQ: WULF) was started with an Overweight rating at Morgan Stanley with a $37 target price.