Here Are Tuesday’s Top Wall Street Analyst Research Calls: American Homes 4 Rent, BP, Fortis, International Business Machines, Micron Technology, Nucor, Opendoor Technologies, Rambus, and More

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Here Are Tuesday’s Top Wall Street Analyst Research Calls: American Homes 4 Rent, BP, Fortis, International Business Machines, Micron Technology, Nucor, Opendoor Technologies, Rambus, and More

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Pre-Market Stock Futures:

Futures are trading mostly lower after a rather ho-hum start to the trading week on Monday. While the S&P 500 and the Nasdaq did print new highs before fading somewhat, after last week’s wild swings, it was a rather quiet start to the week. With 30% of the S&P 500 poised to report this week, or about 170 companies, Wall Street is keeping a close eye on the results and forward guidance. The major indices closed mixed on Monday, with the Dow Jones Industrials trading lower and closing at 49,167, down 0.13%, and despite notching new records, the S&P 500 finished the day off its highs at 7,173, up 0.12%, and the Nasdaq was last seen at 24,887, up 0.020%.  The  Small-cap Russell 2000 closed essientially unchanged at 2,788, but remains the top index so far this year, up 11.8%.

Treasury Bonds:

Yields rose across the Treasury curve amid higher oil prices and continued strength in the dollar. With the Federal Reserve unlikely to lower rates as inflation edges higher, investors are likely anticipating higher Treasury yields in the not-too-distant future. The 30-year long bond closed the session at 4.94%, while the benchmark 10-year note was last seen at 4.33%.

Oil and Gas:

As has become standard operating procedure since the war with Iran began, negative headlines about progress in the Middle East often dictate oil prices. With no apparent progress in negotiations with Iranian leaders and the U.S. still monitoring the Strait of Hormuz, the path of least resistance for the black gold was higher. Brent Crude finished Monday’s session at $108.20, up 2.74%, while West Texas Intermediate closed at 96.43, up 2.15%. Natural gas ended Monday at $2.55, up 1%.

Gold:

Gold hit a three-week low on Monday as sellers turned out in full form. While many feel the ongoing shift away from dollar reserves toward gold will be a bullish tailwind for the precious metal, the reality is that some profit-taking after a stellar two-year run is likely. Gold closed the Monday session at $4,677, down 0.67%, while Silver finished Monday at $75.33, down 0.33%

Crypto:

Crypto markets turned highly volatile on Monday as Bitcoin failed to break through the $80,000 resistance level and reversed sharply, dropping below $78,000. The leading cryptocurrency closed the day down approximately 0.5%–1.1%. A sharp rise in oil prices drove the pullback, renewed geopolitical tensions in the Middle East, and profit-taking after Bitcoin’s impressive ~30% rally since early February. At 8 AM EDT, Bitcoin was trading at $76,140 while Ethereum was trading at $2,271.

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, April 28, 2026.  

Upgrades:

  • BP (NYSE: BP | BP Price Prediction) was upgraded to Overweight from Equal Weight at Morgan Stanley, which has a $49.40 for the British integrated oil giant.
  • International Business Machines (NYSE: IBM) was upgraded to Hold from Reduce at HSBC, with a $231 target price.
  • Old Dominion Freight Line (NASDAQ: ODFL) was raised to Neutral from Underperform at Baird, which raised the target price for the trucking giant to $229 from $204.
  • Organon (NYSE: OGN) was upgraded to Neutral from Underweight at Piper Sandler, which lifted the target price for the stock to $14 from $5.
  • TFI International (NYSE: TFII) was upgraded to Neutral from Buy at Bank of America, which raised the target price for the shares to $161 from $122.

Downgrades:

  • Nucor (NYSE: NUE) was downgraded to Neutral from Buy at UBS, which raised the target price for the steel giant to $224 from $190.
  • Rambus (NASDAQ: RMBS) was downgraded to Neutral from Outperform at Baird, with an unchanged target price of $120.
  • Tronox Holdings (NYSE: TROX) was cut to Sell from Hold at Truist, which trimmed the target price for the shares to $8 from $9.

Initiations:

  • American Homes 4 Rent (NYSE: AMH) was initiated with a Buy rating at Compass Point, which has set a $37.50 target price for the company.
  • Barings BDC (NYSE: BBDC) was initiated with a Neutral rating at Lucid Capital, with a $9.25 target price.
  • Fortis (NYSE: FTS) was started with an Overweight rating at Barclays, which has a $62 target price for the stock.
  • Micron Technology (NASDAQ: MU) was started with a Buy rating at DA Davidson with a $1000 target price. 
  • Opendoor Technologies (NASDAQ: OPEN) was initiated with a Buy rating at Alliance Global, with an $ 8 target.

 

 

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About the Author Lee Jackson →

Lee Jackson has covered Wall Street analysts' equity and debt research and equity strategy daily for 24/7 Wall St. since 2012. His broad and diverse career, which included a stint as the creative services director at the NBC affiliate in Austin, Texas, gives him unique insight into the financial industry and world.

Lee Jackson's journey in the financial industry spans over 30 years, with nearly two decades as an institutional equity salesperson at Bear Stearns, Lehman Brothers, and Morgan Stanley. His career was marked by his presence on the sell side during pivotal Wall Street events, from the dot.com rise and bubble to the Long Term Capital Management debacle, 9/11, and the Great Recession of 2008. This is a testament to his resilience and adaptability in the face of market volatility.

Lee Jackson’s practical financial industry experience, acquired from a career at some of the biggest banks and brokerage firms, is complemented by a lifetime of writing on various platforms. This unique combination allows him to shed light on the intricacies and workings of Wall Street in a way that only someone with deep insider experience and knowledge can. Moreover, his extensive network across Wall Street continues to provide direct access for him and 24/7 Wall St., a privilege few firms enjoy.

Since 2012, Jackson’s work for 24/7 Wall St. has been featured in Barron’s, Yahoo Finance, MarketWatch, Business Insider, TradingView, Real Money, The Street, Seeking Alpha, Benzinga, and other media outlets. He attended the prestigious Cranbrook Schools in Bloomfield Hills, Michigan, and has a degree in broadcasting from the Specs Howard School of Media Arts.

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