Deutsche Bank upgraded Palantir from “Hold” to “Buy” with a $200 price target, calling the software developer’s Q2 results exceptional. It noted that the company is significantly outpacing the rest of the sector in converting AI demand into consumer value and compared it to “a time traveler who has already arrived in the AI future that others are still striving toward.”
Bank of America resumed coverage of SK Hynix shares, assigning a “Buy” rating with a target price of 3 million won, citing that the Korean chipmaker’s dominant position in high-bandwidth memory creates conditions for a “supercycle” in operating profit that Wall Street has not yet fully priced into the stock.
JPMorgan downgraded Nike from “Neutral” to “Underweight,” warning investors that the financial impact of the company’s restructuring decisions will be felt far longer than Wall Street expects, pressuring earnings through fiscal 2028. In Greater China, Nike’s online marketplace relaunch scheduled for January 2027 points to what JPMorgan calls an “insurmountable” revenue headwind of more than $1 billion per year. JPMorgan set a December 2027 price target of $40, lowering it from $47.