Analyst firms

BTIG upgrades, downgrades and price targets

BTIG has published 1,179 rating actions on 726 companies in the Quantisnow ratings feed since June 2021: 147 upgrades, 254 downgrades and 491 initiations. Its most recent action on PAYC was on Nov 5, 2026: BTIG downgrades to Neutral from Buy. Going by its latest rating on each stock, BTIG rates 62% of the companies it covers Buy or an equivalent and 1% Sell or an equivalent. Health Care is the sector it rates most often.

Rating actions

1,179

Stocks rated

726

Upgrades

147

Downgrades

254

Latest BTIG rating actions

• Nov 5, 2026PAYC
  DowngradePAYCBTIG downgrades to Neutral from Buy

  BTIG on PAYC
• Nov 5, 2026HUBS
  DowngradeHUBSBTIG downgrades to Neutral from Buy

  BTIG on HUBS
• Nov 4, 2026DRVN
  DowngradeDRVNBTIG downgrades to Neutral from Buy
• Nov 2, 2026SN
  InitiateSNBTIG starts coverage at Buy, price target $245
• Oct 27, 2026DRIO
  InitiateDRIOBTIG starts coverage at Buy, price target $6
• Oct 20, 2026AEP
  UpgradeAEPBTIG upgrades to Buy from Neutral, price target $147
• Oct 19, 2026MDXH
  DowngradeMDXHBTIG downgrades to Neutral from Buy
• Oct 14, 2026LQDA
  UpgradeLQDABTIG upgrades to Buy from Neutral, price target $70

  BTIG on LQDA
• Oct 12, 2026QNRX
  InitiateQNRXBTIG starts coverage at Buy, price target $14
• Oct 12, 2026UWMC
  DowngradeUWMCBTIG downgrades to Neutral from Buy

  BTIG on UWMC
• Oct 6, 2026PSNL
  DowngradePSNLBTIG downgrades to Neutral from Buy
• Oct 6, 2026NEO
  UpgradeNEOBTIG upgrades to Buy from Neutral, price target $28

  BTIG on NEO
• Oct 2, 2026FHTX
  DowngradeFHTXBTIG downgrades to Neutral from Buy
• Oct 1, 2026LQDA
  DowngradeLQDABTIG downgrades to Neutral from Buy

  BTIG on LQDA
• Oct 1, 2026UTHR
  UpgradeUTHRBTIG upgrades to Buy from Neutral, price target $728
• Sep 24, 2026MCD
  ReiterateMCDBTIG cuts its price target to $295 from $350, keeps Buy

  BTIG on MCD
• Sep 23, 2026PLSE
  InitiatePLSEBTIG starts coverage at Buy, price target $70
• Sep 23, 2026ORIC
  InitiateORICBTIG starts coverage at Buy, price target $26
• Sep 22, 2026RDN
  ResumeRDNBTIG resumes coverage at Buy, price target $48
• Sep 22, 2026MTG
  ResumeMTGBTIG resumes coverage at Neutral
• Sep 22, 2026NMIH
  ResumeNMIHBTIG resumes coverage at Buy, price target $54
• Sep 22, 2026ESNT
  ResumeESNTBTIG resumes coverage at Neutral
• Sep 22, 2026ACT
  ResumeACTBTIG resumes coverage at Neutral
• Sep 18, 2026FBRT
  DowngradeFBRTBTIG downgrades to Neutral from Buy

  BTIG on FBRT
• Sep 16, 2026ABTC
  InitiateABTCBTIG starts coverage at Buy, price target $15
• Sep 10, 2026AS
  InitiateASBTIG starts coverage at Buy, price target $42
• Sep 10, 2026OBIO
  UpgradeOBIOBTIG upgrades to Buy from Neutral, price target $10

  BTIG on OBIO
• Sep 3, 2026TLSA
  InitiateTLSABTIG starts coverage at Buy, price target $7
• Sep 1, 2026TDW
  UpgradeTDWBTIG upgrades to Buy from Neutral, price target $120

  BTIG on TDW
• Aug 31, 2026SNN
  InitiateSNNBTIG starts coverage at Neutral
• Aug 26, 2026ANF
  ReiterateANFBTIG raises its price target to $175 from $120, keeps Buy
• Aug 20, 2026LWAY
  InitiateLWAYBTIG starts coverage at Buy, price target $32
• Aug 17, 2026ADT
  InitiateADTBTIG starts coverage at Neutral
• Aug 17, 2026WDAY
  DowngradeWDAYBTIG downgrades to Neutral from Buy
• Aug 11, 2026TKNO
  UpgradeTKNOBTIG upgrades to Buy from Neutral, price target $8

  BTIG on TKNO
• Aug 10, 2026SION
  DowngradeSIONBTIG downgrades to Neutral from Buy
• Aug 7, 2026RCEL
  UpgradeRCELBTIG upgrades to Buy from Neutral, price target $7

  BTIG on RCEL
• Aug 6, 2026PODD
  DowngradePODDBTIG downgrades to Neutral from Buy
• Aug 4, 2026SRAD
  DowngradeSRADBTIG downgrades to Neutral from Buy
• Jul 31, 2026UPBD
  DowngradeUPBDBTIG downgrades to Neutral from Buy

Stocks BTIG rates most

Every stock with three or more BTIG ratings (108)

• FBRT
• OBIO
• TDW
• TKNO
• MDT
• DOCS
• ORGO
• EMBC
• VFC
• SBUX
• FLYW
• FOR
• ZBH
• VSTM
• KREF
• CSGP
• MLTX
• CORZ
• LEN
• PRG
• GAMB
• UAA
• NKE
• CART
• VCEL
• PAR
• RXST
• COMP
• NFE
• NKTR
• SHAK
• GMED
• IIPR
• FREY
• BOOT
• IART
• CDNA
• DDOG
• MGNX
• TRTX
• BXMT
• DNA
• SPT
• NUVB
• MRSN
• UBER
• MARA
• LSPD
• EXPE
• MSTR
• STC
• OMCL
• INVH
• APP
• ISRG
• BBLN
• EQR
• ZG

Questions about BTIG ratings

How many stocks does BTIG cover?

BTIG has rated 726 companies in the Quantisnow feed since June 2021, across 1,179 rating actions.

What was BTIG's latest upgrade?

On Oct 20, 2026, BTIG upgrades to Buy from Neutral, price target $147 on AEP.

What was BTIG's latest downgrade?

On Nov 5, 2026, BTIG downgrades to Neutral from Buy on PAYC.

Does BTIG upgrade or downgrade more often?

BTIG has made 147 upgrades and 254 downgrades in the feed, so 37% of its rating changes were upgrades.

Other analyst firms

• Morgan Stanley5,639
• BofA Securities4,126
• Barclays3,644
• Wells Fargo3,642
• Citigroup3,487
• Raymond James3,397
• Jefferies3,133
• Goldman Sachs3,094
• UBS2,887
• Piper Sandler2,689
• TD Cowen2,567
• RBC Capital Markets2,404
• Deutsche Bank2,227
• KeyBanc Capital Markets1,962
• Wolfe Research1,899
• BMO Capital Markets1,784
• Truist Securities1,684
• Stifel1,649
• Needham1,591
• Oppenheimer1,570
• Mizuho1,561
• Evercore ISI1,405
• Robert W. Baird1,397
• H.C. Wainwright1,228

All analyst firms

From rating actions in the Quantisnow feed since June 2021. Includes ratings published as BTIG Research. Counts refresh every six hours. See also today's analyst upgrades and the live ratings feed.