Buy/Sell: Wall Street’s top 10 stock calls this week

What has Wall Street been buzzing about this week? Here are the top 5 Buy calls and the top 5 Sell calls made by Wall Street’s best analysts during the week of June 23-June 27.

Find all top-rated stocks by the best-rated analysts on TipRanks.

Top 5 Buy Calls:

1. Citizens JMP upgrades Alphabet to Outperform on AI tailwinds

Citizens JMP upgraded Alphabet (GOOGL) to Outperform from Market Perform with a $220 price target. The firm says artificial intelligence is a “net tailwind” for the company, with ChatGPT’s impact too small today to move enough queries away from Google to materially impact results. AI is expanding the search opportunity by answering a broader array of queries and extending monetization as AI better infers user intent, the analyst tells investors. Citizens sees the “AI Overview tailwind overwhelming ChatGPT share loss headwinds” for Alphabet. Assuming Google’s 10% query growth holds as AI answers a broader set of questions and offers better answers, Google may see a mid-single-digit query growth tailwind in Q3, contends the firm. AI is helping the company to further monetize search as it better understands intent, widening the monetization funnel of search, says the firm.

2. Melius upgrades AMD to Buy on “sustainable surge” in inferencing

Melius Research upgraded AMD (AMD) to Buy from Hold with a price target of $175, up from $110, citing the view that “many things have changed for the better since the beginning of the year.” Investors are about to envision even bigger GPU figures in 2026-2028 given a “sustainable surge in inferencing,” argues the analyst, who believes inferencing is “much bigger than expected.” .AMD’s GPU roadmap has garnered more interest globally, especially for the MI400 series coming next year that includes rack scale configurations, says the analyst, who thinks AMD’s EPS power can top $8 within two years.

3. Boeing upgraded to Buy at Rothschild & Co Redburn

Rothschild & Co Redburn upgraded Boeing (BA) to Buy from Neutral with a price target of $275, up from $180. “After years of troubles, things seem to be taking a more positive turn for Boeing and the company appears healthier,” the analyst tells investors. The firm says the company’s improvements in financials, culture, industrial processes and strategy, combined with production acceleration, “should enable a reassessment of the stock in the market.” It believes upside to 737 and 787 deliveries could add $1.7B in post-tax cash profits versus the firm’s current model. This could potentially take Boeing’s free cash flow above $14B at the end of the decade, above the historical peak of $13.6B reached in 2018, contends the firm.

4. Raymond James upgrades DoorDash to Strong Buy on Deliveroo synergies

Raymond James upgraded DoorDash (DASH) to Strong Buy from Outperform with a price target of $260, up from $215. The firm believes the synergy potential with Deliveroo is underappreciated at current share levels, forecasting mid-teens EBITDA accretion in 2026 and high-teens in 2027. It sees an “attractive $260 target price scenario” with a $350 per share bull case, due to “untapped” Deliveroo synergies, a “seemingly growing emphasis” on advertising, consistent execution, and eventual autonomous tailwinds.

5. Metals Company upgraded at Wedbush following Trump executive order

Wedbush upgraded Metals Company (TMC) to Outperform from Neutral with a price target of $11, up from $6, citing “significantly increased confidence” in the long-term growth story following the executive order signed by President Trump at the end of April. The firm also cites its recent industry checks on boosting domestic critical mineral supply through deep sea mining in its upgrade.

Top 5 Sell Calls:

1. JPMorgan downgraded to Underperform on valuation at Baird

Baird downgraded JPMorgan (JPM) to Underperform from Neutral with an unchanged price target of $235. The firm does not see attractive risk/reward profiles in the U.S. mega cap banking group. JPMorgan will not offer the same level of returns as the last several years at the current valuation, the analyst tells investors in a research note. Baird cites valuation for the downgrade of JPMorgan shares to Underperform.

2. Block assumed with an Underweight at Piper Sandler

Piper Sandler assumed coverage of Block (XYZ) with an Underweight rating and $50 price target. While Block’s valuation is “depressed” relative to its historical average and peers, this is warranted given the persistent deceleration of Cash App user growth and mounting competition across its business lines, the analyst tells investors. Piper sees headwinds to the user growth for Square, due to a maturation of upmarket customers as a percentage of Square’s total volume and increasing competition from smaller competitors.

3. RH downgraded to Sell at Goldman Sachs

Goldman Sachs downgraded RH (RH) to Sell from Neutral with a price target of $179, down from $199. While the housing market remains pressured, the owner of Restoration Hardware will face increasingly difficult compares for the remainder of 2025, the analyst tells investors. Further, the firm believes one of the company’s new brand extensions was recently delayed from the second half of 2025 to spring 2026. Growth at RH is likely to slow without improvement in the housing market and as it laps a significant relaunch of their categories which showcased newness and innovation, contends Goldman.

4. Goldman cuts Advance Auto Parts to Sell

Goldman Sachs downgraded Advance Auto Parts (AAP) to Sell from Neutral with a price target of $46, down from $48, which implies 11% downside from current levels. Advance Auto is likely to underperform peers in the near term, the analyst tells investors in a research note. The firm says recent visitation data from Placer.ai and survey responses from HundredX that suggests the company could be losing share. Goldman also takes a more cautious view regarding Advance Auto’s margin recovery story, and notes the stock’s current multiple “appears extended relative to history.”

5. Vital Energy downgraded to Underperform from Outperform at Raymond James

Raymond James double downgraded Vital Energy (VTLE) to Underperform from Outperform without a price target. As the geopolitical risk premium unwinds on oil, the fundamentals support an oil price closer to $60 per barrel, the analyst tells investors in a research note. The firm anticipates an extended period of time at that level absent geopolitical risks re-surfacing or OPEC reversing course. Even after the selloff yesterday, Vital is easily the best performing stock in the group over the past month, contends Raymond James. However, the firm says Vital is on the lower side of inventory life in the Permian and has higher leverage than the SMID-cap average. It calls Vital the highest beta name in its coverage.