Wall Street Calls: BTIG Upgrades Etsy, JPMorgan Lifts Tyson Foods, Wells Fargo Cuts Netflix

According to CNBC, BTIG upgraded Etsy to buy from neutral and set a $90 price target, saying the stock has pulled back enough since its July 16 downgrade to offer a better risk-reward. JPMorgan upgraded Tyson Foods to overweight from neutral and set a December 2027 price target of $63, saying chicken-cost headwinds are already reflected in the shares and could be partly offset by industry production cuts. Wells Fargo downgraded Netflix to underweight from equal weight, saying the company faces tougher choices ahead, including a content-spending reset, more third-party licensing such as live sports, or mergers and acquisitions.