Analyst firms

CLSA upgrades, downgrades and price targets

CLSA has published 117 rating actions on 64 companies in the Quantisnow ratings feed since July 2021: 42 upgrades, 36 downgrades and 30 initiations. Its most recent action on TSLA was on Oct 22, 2026: CLSA upgrades to Hold from Underperform, price target $400. Going by its latest rating on each stock, CLSA rates 73% of the companies it covers Buy or an equivalent and 11% Sell or an equivalent. Technology is the sector it rates most often.

Rating actions

117

Stocks rated

64

Upgrades

42

Downgrades

36

Latest CLSA rating actions

• Oct 22, 2026TSLA
  UpgradeTSLACLSA upgrades to Hold from Underperform, price target $400
• Sep 3, 2026TMO
  InitiateTMOCLSA starts coverage at Outperform, price target $748
• Aug 28, 2026BZUN
  UpgradeBZUNCLSA upgrades to Outperform from Hold, price target $3.80

  CLSA on BZUN
• Aug 19, 2026WIT
  DowngradeWITCLSA downgrades to Underperform from Hold
• Aug 19, 2026INFY
  DowngradeINFYCLSA downgrades to Hold from Outperform
• Aug 19, 2026BEKE
  InitiateBEKECLSA starts coverage at Outperform, price target $23.80
• Jul 20, 2026WDAY
  InitiateWDAYCLSA starts coverage at Underperform, price target $92
• Jul 20, 2026CRM
  InitiateCRMCLSA starts coverage at Hold, price target $165
• Jul 20, 2026NOW
  InitiateNOWCLSA starts coverage at Underperform, price target $72
• Jul 20, 2026ORCL
  InitiateORCLCLSA starts coverage at Hold, price target $145
• Jul 20, 2026MSFT
  InitiateMSFTCLSA starts coverage at Outperform, price target $535
• Jul 20, 2026ADBE
  InitiateADBECLSA starts coverage at Outperform, price target $300
• Jul 20, 2026CRL
  DowngradeCRLCLSA downgrades to Hold from Outperform, price target $219

  CLSA on CRL
• Jul 10, 2026MLCO
  UpgradeMLCOCLSA upgrades to Outperform from Hold, price target $6

  CLSA on MLCO
• Jun 15, 2026CPNG
  InitiateCPNGCLSA starts coverage at Outperform, price target $24

  CLSA on CPNG
• Jun 1, 2026CHA
  InitiateCHACLSA starts coverage at Hold, price target $10
• May 29, 2026CRL
  UpgradeCRLCLSA upgrades to Outperform from Hold, price target $219

  CLSA on CRL
• Jan 5, 2026WRD
  InitiateWRDCLSA starts coverage at Outperform, price target $13
• Jan 2, 2026PONY
  InitiatePONYCLSA starts coverage at Outperform, price target $22
• Jan 2, 2026ATAT
  InitiateATATCLSA starts coverage at Outperform, price target $49
• Dec 5, 2025AAPL
  ReiterateAAPLCLSA raises its price target to $330 from $265, keeps Outperform
• Oct 20, 2025WIT
  DowngradeWITCLSA downgrades to Hold from Outperform
• Oct 2, 2025BABA
  ReiterateBABACLSA raises its price target to $200 from $155, keeps Outperform

  CLSA on BABA
• Sep 9, 2025CCJ
  InitiateCCJCLSA starts coverage at Outperform, price target $102
• Sep 3, 2025MLCO
  UpgradeMLCOCLSA upgrades to Outperform from Hold

  CLSA on MLCO
• Sep 2, 2025RMD
  UpgradeRMDCLSA upgrades to Outperform from Hold

  CLSA on RMD
• Aug 27, 2025MU
  InitiateMUCLSA starts coverage at Outperform, price target $155
• Jun 26, 2025INTU
  InitiateINTUCLSA starts coverage at Outperform, price target $900
• May 22, 2025IQ
  DowngradeIQCLSA downgrades to Hold from Outperform
• Mar 7, 2025INFY
  UpgradeINFYCLSA upgrades to Outperform from Hold
• Feb 5, 2025TM
  DowngradeTMCLSA downgrades to Hold from Outperform
• Nov 29, 2024NEM
  InitiateNEMCLSA starts coverage at Underperform
• Nov 18, 2024CRL
  DowngradeCRLCLSA downgrades to Underperform from Hold, price target $164

  CLSA on CRL
• Nov 18, 2024BZ
  InitiateBZCLSA starts coverage at Outperform, price target $18
• Nov 7, 2024CRL
  UpgradeCRLCLSA upgrades to Hold from Underperform, price target $205

  CLSA on CRL
• Oct 24, 2024ATHM
  DowngradeATHMCLSA downgrades to Hold from Outperform
• Oct 23, 2024CRL
  InitiateCRLCLSA starts coverage at Underperform, price target $167

  CLSA on CRL
• Sep 13, 2024SMR
  InitiateSMRCLSA starts coverage at Outperform, price target $11
• Sep 4, 2024CPNG
  UpgradeCPNGCLSA upgrades to Outperform from Hold, price target $18 to $31

  CLSA on CPNG
• Aug 30, 2024BZUN
  DowngradeBZUNCLSA downgrades to Hold from Outperform

  CLSA on BZUN

Stocks CLSA rates most

Questions about CLSA ratings

How many stocks does CLSA cover?

CLSA has rated 64 companies in the Quantisnow feed since July 2021, across 117 rating actions.

What was CLSA's latest upgrade?

On Oct 22, 2026, CLSA upgrades to Hold from Underperform, price target $400 on TSLA.

What was CLSA's latest downgrade?

On Aug 19, 2026, CLSA downgrades to Underperform from Hold on WIT.

Does CLSA upgrade or downgrade more often?

CLSA has made 42 upgrades and 36 downgrades in the feed, so 54% 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 July 2021. Counts refresh every six hours. See also today's analyst upgrades and the live ratings feed.