Analyst firms

Stephens upgrades, downgrades and price targets

Stephens has published 914 rating actions on 549 companies in the Quantisnow ratings feed since June 2021: 146 upgrades, 176 downgrades and 340 initiations. Its most recent action on DBX was on Nov 3, 2026: Stephens starts coverage at Equal-Weight, price target $39. Going by its latest rating on each stock, Stephens rates 60% of the companies it covers Buy or an equivalent and 0% Sell or an equivalent. Finance is the sector it rates most often.

Rating actions

914

Stocks rated

549

Upgrades

146

Downgrades

176

Latest Stephens rating actions

• Nov 3, 2026DBX
  InitiateDBXStephens starts coverage at Equal-Weight, price target $39
• Nov 2, 2026ORCL
  UpgradeORCLStephens upgrades to Overweight from Equal-Weight, price target $213
• Oct 29, 2026LII
  DowngradeLIIStephens downgrades to Equal-Weight from Overweight, price target $350
• Oct 27, 2026MAMA
  InitiateMAMAStephens starts coverage at Overweight, price target $19
• Oct 27, 2026VRNS
  DowngradeVRNSStephens downgrades to Equal-Weight from Overweight

  Stephens on VRNS
• Oct 23, 2026ILMN
  DowngradeILMNStephens downgrades to Equal-Weight from Overweight, price target $275
• Oct 23, 2026TXG
  DowngradeTXGStephens downgrades to Equal-Weight from Overweight
• Oct 23, 2026MSM
  UpgradeMSMStephens upgrades to Overweight from Equal-Weight, price target $135

  Stephens on MSM
• Oct 20, 2026CON
  InitiateCONStephens starts coverage at Overweight, price target $45
• Oct 16, 2026QTWO
  ResumeQTWOStephens resumes coverage at Overweight, price target $74

  Stephens on QTWO
• Oct 16, 2026NCNO
  ResumeNCNOStephens resumes coverage at Overweight, price target $26

  Stephens on NCNO
• Oct 16, 2026EEFT
  ResumeEEFTStephens resumes coverage at Equal-Weight, price target $71

  Stephens on EEFT
• Oct 16, 2026ACIW
  ResumeACIWStephens resumes coverage at Equal-Weight, price target $56

  Stephens on ACIW
• Oct 15, 2026TXRH
  UpgradeTXRHStephens upgrades to Overweight from Equal-Weight, price target $205

  Stephens on TXRH
• Oct 8, 2026TXO
  InitiateTXOStephens starts coverage at Overweight, price target $22
• Oct 8, 2026FTW
  InitiateFTWStephens starts coverage at Overweight, price target $15
• Sep 30, 2026SFD
  InitiateSFDStephens starts coverage at Equal-Weight, price target $22
• Sep 18, 2026QCRH
  InitiateQCRHStephens starts coverage at Equal-Weight, price target $107
• Sep 18, 2026MCHB
  InitiateMCHBStephens starts coverage at Equal-Weight, price target $17
• Sep 16, 2026GOLF
  InitiateGOLFStephens starts coverage at Equal-Weight, price target $88
• Sep 15, 2026NTSK
  InitiateNTSKStephens starts coverage at Overweight, price target $21
• Sep 14, 2026SGI
  UpgradeSGIStephens upgrades to Overweight from Equal-Weight, price target $80
• Sep 4, 2026PAYX
  InitiatePAYXStephens starts coverage at Equal-Weight, price target $132
• Sep 4, 2026ASUR
  ResumeASURStephens resumes coverage at Overweight, price target $11
• Aug 12, 2026WSFS
  DowngradeWSFSStephens downgrades to Equal-Weight from Overweight, price target $87

  Stephens on WSFS
• Aug 12, 2026AMTB
  DowngradeAMTBStephens downgrades to Equal-Weight from Overweight, price target $32
• Aug 11, 2026ACVA
  UpgradeACVAStephens upgrades to Overweight from Equal-Weight, price target $10.50

  Stephens on ACVA
• Aug 7, 2026PZZA
  DowngradePZZAStephens downgrades to Equal-Weight from Overweight, price target $24

  Stephens on PZZA
• Aug 6, 2026FINW
  DowngradeFINWStephens downgrades to Equal-Weight from Overweight, price target $16
• Aug 6, 2026BOH
  DowngradeBOHStephens downgrades to Equal-Weight from Overweight, price target $85
• Aug 6, 2026FHB
  UpgradeFHBStephens upgrades to Overweight from Equal-Weight, price target $33
• Aug 6, 2026CVBF
  UpgradeCVBFStephens upgrades to Overweight from Equal-Weight, price target $27
• Aug 6, 2026NBHC
  DowngradeNBHCStephens downgrades to Equal-Weight from Overweight, price target $46
• Aug 6, 2026TCBK
  UpgradeTCBKStephens upgrades to Overweight from Equal-Weight

  Stephens on TCBK
• Aug 6, 2026SMBC
  DowngradeSMBCStephens downgrades to Equal-Weight from Overweight, price target $85
• Aug 6, 2026BWB
  UpgradeBWBStephens upgrades to Overweight from Equal-Weight, price target $25
• Aug 5, 2026CBC
  DowngradeCBCStephens downgrades to Equal-Weight from Overweight, price target $35
• Jul 30, 2026NBTB
  DowngradeNBTBStephens downgrades to Equal-Weight from Overweight, price target $55

  Stephens on NBTB
• Jul 28, 2026EBC
  DowngradeEBCStephens downgrades to Equal-Weight from Overweight, price target $24
• Jul 28, 2026HRB
  InitiateHRBStephens starts coverage at Equal-Weight, price target $47

Stocks Stephens rates most

Every stock with three or more Stephens ratings (86)

• CAC
• FLYW
• DCOM
• EVH
• ITRI
• CATY
• AZTA
• TKNO
• UPST
• S
• ALKT
• HTBK
• AN
• FULT
• WRLD
• PRG
• PTLO
• TSN
• PAG
• TREX
• ACA
• FBK
• WEN
• DRI
• SNDR
• PNTG
• NAVI
• CDNA
• UTZ
• ABCB
• BJRI
• SBUX
• RUTH
• MCD
• NSC
• TTD

Questions about Stephens ratings

How many stocks does Stephens cover?

Stephens has rated 549 companies in the Quantisnow feed since June 2021, across 914 rating actions.

What was Stephens's latest upgrade?

On Nov 2, 2026, Stephens upgrades to Overweight from Equal-Weight, price target $213 on ORCL.

What was Stephens's latest downgrade?

On Oct 29, 2026, Stephens downgrades to Equal-Weight from Overweight, price target $350 on LII.

Does Stephens upgrade or downgrade more often?

Stephens has made 146 upgrades and 176 downgrades in the feed, so 45% 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 Stephens & Co.. Counts refresh every six hours. See also today's analyst upgrades and the live ratings feed.