Reports

Published note archive across current coverage.

Reports is the point-in-time published snapshot library. Each card emphasizes the latest note event, published stance, and archive context, with a direct link into the print-friendly snapshot view.

Current research-view signal and valuation are shown only as secondary context. The primary artifact here is the published snapshot and the stance that followed it.

65 published notesPrint-friendly formatPoint-in-time note archive

Coverage snapshot

Report updated: Jun 15, 2026

Curated public preview analysis with live price, filing metadata, and reported fundamentals overlays. Full live filing ingestion is not yet enabled.

Coverage currently spans sixty-five companies: MSFT, NVDA, AAPL, GOOGL, AMZN, META, AVGO, ORCL, AMD, NFLX, V, MA, WMT, PG, JNJ, ADBE, CSCO, TXN, COST, KO, HD, PEP, QCOM, INTU, MCD, ADP, ABT, IBM, LOW, SBUX, NKE, DIS, AMAT, LRCX, MRK, PFE, TMO, ACN, NOW, PANW, SNPS, CDNS, ADI, HON, CAT, DE, UPS, BKNG, YUM, MDLZ, FDX, CMG, TGT, LULU, GILD, AMGN, REGN, ZTS, ISRG, SYK, DHR, CL, KMB, ROST, and TJX.

Published notes

ACN

Accenture plc

Accenture plc is added as a high-quality large-cap coverage candidate with diversified consulting, outsourcing, and technology-transformation exposure. The initial AnalystScope view weighs enterprise transformation demand and managed-services durability against a quality-services multiple already reflects a meaningful portion of the durability, keeping the rating restrained until the model has more live refresh history.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Buy

Published Jun 13, 2026

Current workspace signal

Buy (Medium confidence)

Current workspace valuation context

Fair value

$310

Upside / Downside

+114.2 upside

Note context

Published note summary

Started coverage with a constructive but measured view on cash conversion and enterprise transformation exposure.

Trend / quality cue

Model-base statements

+4.8% revenue growth | 13.7% FCF margin

Open current research view Open printable snapshot

AMGN

Amgen Inc.

Amgen Inc. is added as a high-quality large-cap coverage candidate with large-cap biotechnology with mature product cash flows, biosimilars, and pipeline assets. The initial AnalystScope view weighs portfolio breadth, biosimilar contribution, and pipeline execution against pipeline and leverage uncertainty keep upside moderate, keeping the rating restrained until the model has more live refresh history.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Sell (Medium confidence)

Current workspace valuation context

Fair value

$311

Upside / Downside

-14.6 downside

Note context

Published note summary

Started coverage with a Hold view on cash-flow quality versus leverage and pipeline uncertainty.

Trend / quality cue

Model-base statements

+4.8% revenue growth | 32.0% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Open current research view Open printable snapshot

ADI

Analog Devices, Inc.

Analog Devices, Inc. is added as a high-quality large-cap coverage candidate with analog and mixed-signal semiconductor exposure with diversified industrial and automotive demand. The initial AnalystScope view weighs cycle recovery, industrial content growth, and auto semiconductor intensity against cycle recovery expectations are already partly reflected in the multiple, keeping the rating restrained until the model has more live refresh history.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Sell (Medium confidence)

Current workspace valuation context

Fair value

$250

Upside / Downside

-32.8 downside

Note context

Published note summary

Started coverage with a Hold view on high-quality analog economics versus cycle timing risk.

Trend / quality cue

Model-base statements

+8.5% revenue growth | 32.4% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

AMAT

Applied Materials, Inc.

Applied Materials adds a clean semiconductor-equipment anchor for future AMAT versus LRCX comparisons. The initial valuation spread is positive but intentionally moderate.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Buy (High confidence)

Current workspace valuation context

Fair value

$589

Upside / Downside

+12.1 upside

Note context

Published note summary

Started coverage with a Hold view on strong equipment economics versus a premium cycle-aware valuation.

Trend / quality cue

Model-base statements

+14.0% revenue growth | 27.1% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Open current research view Open printable snapshot

BKNG

Booking Holdings Inc.

Booking Holdings Inc. is added as a high-quality large-cap coverage candidate with asset-light online travel marketplace exposure with high cash conversion. The initial AnalystScope view weighs global travel demand, connected-trip expansion, and marketplace scale against travel cyclicality and already-high profitability limit how far margins should be extrapolated, keeping the rating restrained until the model has more live refresh history.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Buy (High confidence)

Current workspace valuation context

Fair value

$5,552

Upside / Downside

+2,994.1 upside

Note context

Published note summary

Started coverage with a Hold view on strong travel marketplace economics versus cyclicality and valuation.

Trend / quality cue

Model-base statements

+9.7% revenue growth | 36.9% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Open current research view Open printable snapshot

CDNS

Cadence Design Systems, Inc.

Cadence Design Systems, Inc. is added as a high-quality large-cap coverage candidate with high-margin EDA software and system-design tools tied to semiconductor complexity. The initial AnalystScope view weighs rising design complexity across AI, advanced packaging, and systems design against a premium quality multiple captures much of the defensiveness, keeping the rating restrained until the model has more live refresh history.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Hold (Medium confidence)

Current workspace valuation context

Fair value

$327

Upside / Downside

-1.0 downside

Note context

Published note summary

Started coverage with a Hold view on high-quality EDA exposure versus premium valuation.

Trend / quality cue

Model-base statements

+13.0% revenue growth | 32.7% FCF margin

Open current research view Open printable snapshot

CAT

Caterpillar Inc.

Caterpillar Inc. is added as a high-quality large-cap coverage candidate with construction, mining, energy, and transportation equipment with aftermarket support. The initial AnalystScope view weighs infrastructure, mining, energy, and aftermarket demand against cycle strength is visible, so the model avoids extrapolating peak margins, keeping the rating restrained until the model has more live refresh history.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Sell (Medium confidence)

Current workspace valuation context

Fair value

$404

Upside / Downside

-53.3 downside

Note context

Published note summary

Started coverage with a Hold view on strong industrial execution versus cycle normalization risk.

Trend / quality cue

Model-base statements

+1.9% revenue growth | 12.4% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

CMG

Chipotle Mexican Grill, Inc.

Chipotle Mexican Grill, Inc. is added as a high-quality large-cap coverage candidate with company-operated restaurant growth with strong unit economics and brand-led pricing power. The initial AnalystScope view weighs new units, throughput gains, and digital/customer-frequency growth against premium growth expectations leave limited room for traffic disappointment, keeping the rating restrained until the model has more live refresh history.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Buy (Medium confidence)

Current workspace valuation context

Fair value

$59

Upside / Downside

+77.0 upside

Note context

Published note summary

Started coverage with a Hold view on exceptional restaurant quality versus premium valuation.

Trend / quality cue

Model-base statements

+12.4% revenue growth | 12.6% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

Colgate-Palmolive Company

Colgate-Palmolive Company is added as a high-quality large-cap coverage candidate with global oral care, personal care, and pet nutrition brands with defensive demand. The initial AnalystScope view weighs pricing, oral-care leadership, pet nutrition, and emerging-market growth against defensive quality is partly reflected in the multiple, keeping the rating restrained until the model has more live refresh history.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Buy (Medium confidence)

Current workspace valuation context

Fair value

$100

Upside / Downside

+8.3 upside

Note context

Published note summary

Started coverage with a Hold view on defensive brand quality versus full valuation.

Trend / quality cue

Model-base statements

+3.5% revenue growth | 14.9% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Open current research view Open printable snapshot

DHR

Danaher Corporation

Danaher Corporation is added as a high-quality large-cap coverage candidate with life sciences and diagnostics tools portfolio with process-driven operating discipline. The initial AnalystScope view weighs bioprocessing recovery, diagnostics durability, and portfolio execution against quality multiple requires clearer bioprocessing recovery evidence, keeping the rating restrained until the model has more live refresh history.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Buy (Medium confidence)

Current workspace valuation context

Fair value

$268

Upside / Downside

+33.3 upside

Note context

Published note summary

Started coverage with a Hold view on quality tools exposure versus recovery timing.

Trend / quality cue

Model-base statements

+5.3% revenue growth | 25.6% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

Deere & Company

Deere & Company is added as a high-quality large-cap coverage candidate with agriculture, construction, and precision equipment with captive-finance support. The initial AnalystScope view weighs replacement demand, precision agriculture, and fleet productivity against agricultural cycle normalization tempers upside despite strong execution, keeping the rating restrained until the model has more live refresh history.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Sell (Medium confidence)

Current workspace valuation context

Fair value

$495

Upside / Downside

-15.6 downside

Note context

Published note summary

Started coverage with a Hold view on quality machinery economics versus agriculture-cycle risk.

Trend / quality cue

Model-base statements

-3.3% revenue growth | 13.0% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

FDX

FedEx Corporation

FedEx Corporation is added as a high-quality large-cap coverage candidate with global parcel, express, and freight network exposure with operating leverage to volume and mix. The initial AnalystScope view weighs volume stabilization, network productivity, and pricing discipline against turnaround upside still depends on visible demand and margin recovery, keeping the rating restrained until the model has more live refresh history.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Sell (Medium confidence)

Current workspace valuation context

Fair value

$269

Upside / Downside

-12.2 downside

Note context

Published note summary

Started coverage with a Hold view on logistics recovery potential versus still-needed margin proof.

Trend / quality cue

Model-base statements

+1.5% revenue growth | 4.7% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Open current research view Open printable snapshot

GILD

Gilead Sciences, Inc.

Gilead Sciences, Inc. is added as a high-quality large-cap coverage candidate with mature biopharma portfolio with antiviral cash flow and oncology pipeline optionality. The initial AnalystScope view weighs HIV durability, oncology contribution, and pipeline progress against low multiples reflect product-cycle and pipeline uncertainty, keeping the rating restrained until the model has more live refresh history.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Buy

Published Jun 13, 2026

Current workspace signal

Sell (Medium confidence)

Current workspace valuation context

Fair value

$79

Upside / Downside

-40.4 downside

Note context

Published note summary

Started coverage with a constructive view on cash-flow support versus modest expectations.

Trend / quality cue

Model-base statements

+4.2% revenue growth | 34.3% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

HON

Honeywell International Inc.

Honeywell International Inc. is added as a high-quality large-cap coverage candidate with diversified aerospace, automation, and industrial technology exposure. The initial AnalystScope view weighs aerospace strength and automation demand against portfolio transition and leverage keep the initial upside moderate, keeping the rating restrained until the model has more live refresh history.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Hold (Low confidence)

Current workspace valuation context

Fair value

$235

Upside / Downside

+3.8 upside

Note context

Published note summary

Started coverage with a Hold view on industrial quality versus portfolio-transition complexity.

Trend / quality cue

Model-base statements

+3.9% revenue growth | 14.5% FCF margin

Open current research view Open printable snapshot

ISRG

Intuitive Surgical, Inc.

Intuitive Surgical, Inc. is added as a high-quality large-cap coverage candidate with robotic surgery systems, instruments, and recurring procedure-linked revenue. The initial AnalystScope view weighs procedure growth, installed-base expansion, and system utilization against premium growth expectations already assume strong procedure durability, keeping the rating restrained until the model has more live refresh history.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Buy (Medium confidence)

Current workspace valuation context

Fair value

$570

Upside / Downside

+61.4 upside

Note context

Published note summary

Started coverage with a Hold view on excellent medtech quality versus premium valuation.

Trend / quality cue

Model-base statements

+14.3% revenue growth | 32.3% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

KMB

Kimberly-Clark Corporation

Kimberly-Clark Corporation is added as a high-quality large-cap coverage candidate with global household and personal-care staples portfolio with recurring demand. The initial AnalystScope view weighs pricing discipline, productivity, and stable consumer categories against modest growth keeps the fair-value range restrained, keeping the rating restrained until the model has more live refresh history.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Buy (Low confidence)

Current workspace valuation context

Fair value

$136

Upside / Downside

+25.8 upside

Note context

Published note summary

Started coverage with a Hold view on defensive cash flow versus low growth.

Trend / quality cue

Model-base statements

+1.9% revenue growth | 11.8% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

LRCX

Lam Research Corporation

Lam Research adds the natural pair to Applied Materials. The business quality is strong, but the first AnalystScope view avoids over-reading a cycle rebound.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Buy (High confidence)

Current workspace valuation context

Fair value

$382

Upside / Downside

+24.6 upside

Note context

Published note summary

Started coverage with a Hold view on strong process-equipment economics versus cycle and valuation risk.

Trend / quality cue

Model-base statements

+32.2% revenue growth | 27.9% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

LOW

Lowe's Companies, Inc.

Lowe's adds a clean home-improvement comparison point to Home Depot. The initial view is balanced: durable cash generation, but still tied to housing and repair/remodel demand.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Buy (Medium confidence)

Current workspace valuation context

Fair value

$234

Upside / Downside

+14.4 upside

Note context

Published note summary

Started coverage with a Hold view on durable cash generation versus cyclical demand and leverage.

Trend / quality cue

Model-base statements

+1.3% revenue growth | 9.8% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Open current research view Open printable snapshot

LULU

lululemon athletica inc.

lululemon athletica inc. is added as a high-quality large-cap coverage candidate with premium athletic apparel brand with direct-to-consumer scale and high store productivity. The initial AnalystScope view weighs international growth, product expansion, and brand loyalty against brand expectations are still elevated despite growth normalization, keeping the rating restrained until the model has more live refresh history.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Buy (Medium confidence)

Current workspace valuation context

Fair value

$357

Upside / Downside

+205.6 upside

Note context

Published note summary

Started coverage with a Hold view on brand quality versus growth normalization risk.

Trend / quality cue

Model-base statements

+9.4% revenue growth | 14.7% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

MRK

Merck & Co., Inc.

Merck adds a high-quality pharma name with cleaner model fit than more specialized health-care cases. The first view is balanced around cash flow and pipeline risk.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Hold (Medium confidence)

Current workspace valuation context

Fair value

$126

Upside / Downside

+1.1 upside

Note context

Published note summary

Started coverage with a Hold view on strong pharma cash flow versus pipeline and concentration risk.

Trend / quality cue

Model-base statements

+3.1% revenue growth | 17.1% FCF margin

Open current research view Open printable snapshot

MDLZ

Mondelez International, Inc.

Mondelez International, Inc. is added as a high-quality large-cap coverage candidate with global snacks and packaged-food brands with recurring consumer demand. The initial AnalystScope view weighs pricing, emerging-market snacks demand, and brand-led category growth against defensive quality is balanced by modest growth and input-cost sensitivity, keeping the rating restrained until the model has more live refresh history.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Buy

Published Jun 13, 2026

Current workspace signal

Buy (Medium confidence)

Current workspace valuation context

Fair value

$72

Upside / Downside

+18.8 upside

Note context

Published note summary

Started coverage with a constructive view on defensive brand cash flow and moderate upside.

Trend / quality cue

Model-base statements

+4.0% revenue growth | 11.0% FCF margin

Open current research view Open printable snapshot

NKE

NIKE, Inc.

Nike adds high search interest and useful consumer-brand comparison value, but it remains a turnaround-style Hold until revenue quality and product momentum improve.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Buy (Medium confidence)

Current workspace valuation context

Fair value

$47

Upside / Downside

+8.5 upside

Note context

Published note summary

Started coverage with a Hold view on brand turnaround optionality versus weak current revenue momentum.

Trend / quality cue

Model-base statements

-4.7% revenue growth | 8.2% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Open current research view Open printable snapshot

PANW

Palo Alto Networks, Inc.

Palo Alto Networks, Inc. is added as a high-quality large-cap coverage candidate with cybersecurity platforms spanning network security, cloud security, and security operations. The initial AnalystScope view weighs platform consolidation and sustained enterprise security spending against high expectations require durable billings and platform-consolidation proof, keeping the rating restrained until the model has more live refresh history.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Sell (Medium confidence)

Current workspace valuation context

Fair value

$206

Upside / Downside

-40.9 downside

Note context

Published note summary

Started coverage with a Hold view on strong security demand versus platform-transition and valuation risk.

Trend / quality cue

Model-base statements

+15.0% revenue growth | 35.9% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

PFE

Pfizer Inc.

Pfizer adds a high-search health-care name, but the first view remains restrained because low multiples alone do not resolve leverage and growth-quality questions.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Buy (Medium confidence)

Current workspace valuation context

Fair value

$28

Upside / Downside

+13.2 upside

Note context

Published note summary

Started coverage with a Hold view on low-multiple support versus leverage and growth-reset risk.

Trend / quality cue

Model-base statements

-2.5% revenue growth | 11.3% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Open current research view Open printable snapshot

REGN

Regeneron Pharmaceuticals, Inc.

Regeneron Pharmaceuticals, Inc. is added as a high-quality large-cap coverage candidate with innovation-led biopharma with high margins, net cash, and pipeline concentration. The initial AnalystScope view weighs core franchise durability and pipeline execution against concentration and pipeline outcome risk limit a more aggressive rating, keeping the rating restrained until the model has more live refresh history.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Buy (High confidence)

Current workspace valuation context

Fair value

$792

Upside / Downside

+17.8 upside

Note context

Published note summary

Started coverage with a Hold view on high-quality biopharma economics versus concentration risk.

Trend / quality cue

Model-base statements

+7.0% revenue growth | 33.6% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

ROST

Ross Stores, Inc.

Ross Stores, Inc. is added as a high-quality large-cap coverage candidate with off-price apparel retail with value positioning and flexible inventory buying. The initial AnalystScope view weighs store growth, value-seeking traffic, and off-price inventory availability against quality off-price economics are already recognized, keeping the rating restrained until the model has more live refresh history.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Sell (Medium confidence)

Current workspace valuation context

Fair value

$158

Upside / Downside

-33.1 downside

Note context

Published note summary

Started coverage with a Hold view on off-price quality versus fair valuation.

Trend / quality cue

Model-base statements

+6.6% revenue growth | 8.4% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

NOW

ServiceNow, Inc.

ServiceNow, Inc. is added as a high-quality large-cap coverage candidate with subscription workflow software with high retention and platform expansion economics. The initial AnalystScope view weighs workflow automation expansion across IT, employee, customer, and AI-enabled enterprise use cases against a premium software multiple leaves limited room for growth deceleration, keeping the rating restrained until the model has more live refresh history.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Buy (Medium confidence)

Current workspace valuation context

Fair value

$702

Upside / Downside

+570.4 upside

Note context

Published note summary

Started coverage with a Hold view on excellent software economics versus premium valuation sensitivity.

Trend / quality cue

Model-base statements

+19.3% revenue growth | 30.0% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

SBUX

Starbucks Corporation

Starbucks adds a high-search restaurant and consumer-brand name with useful comparison value against McDonald's and staples brands. The initial view is constructive but not aggressive.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Hold (Low confidence)

Current workspace valuation context

Fair value

$108

Upside / Downside

+2.8 upside

Note context

Published note summary

Started coverage with a Hold view on brand recovery potential versus still-unproven traffic and margin repair.

Trend / quality cue

Model-base statements

+5.2% revenue growth | 11.3% FCF margin

Open current research view Open printable snapshot

SYK

Stryker Corporation

Stryker Corporation is added as a high-quality large-cap coverage candidate with orthopedics, medical technology, and surgical equipment with recurring procedure exposure. The initial AnalystScope view weighs procedure recovery, product innovation, and hospital capital demand against quality premium keeps initial upside moderate, keeping the rating restrained until the model has more live refresh history.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Buy (Medium confidence)

Current workspace valuation context

Fair value

$393

Upside / Downside

+23.0 upside

Note context

Published note summary

Started coverage with a Hold view on durable medtech execution versus a quality multiple.

Trend / quality cue

Model-base statements

+8.4% revenue growth | 18.8% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

SNPS

Synopsys, Inc.

Synopsys, Inc. is added as a high-quality large-cap coverage candidate with mission-critical EDA software and semiconductor IP with recurring demand characteristics. The initial AnalystScope view weighs chip complexity and AI-driven design activity against quality is well recognized in the multiple, limiting initial upside, keeping the rating restrained until the model has more live refresh history.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Buy (High confidence)

Current workspace valuation context

Fair value

$511

Upside / Downside

+34.9 upside

Note context

Published note summary

Started coverage with a Hold view on exceptional EDA quality versus a full valuation.

Trend / quality cue

Model-base statements

+11.5% revenue growth | 30.9% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

TGT

Target Corporation

Target Corporation is added as a high-quality large-cap coverage candidate with large-format retail with discretionary exposure, owned brands, and omnichannel fulfillment. The initial AnalystScope view weighs traffic stabilization, owned-brand mix, and margin recovery against consumer discretion and traffic uncertainty keep the initial view restrained, keeping the rating restrained until the model has more live refresh history.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Sell (Medium confidence)

Current workspace valuation context

Fair value

$105

Upside / Downside

-24.6 downside

Note context

Published note summary

Started coverage with a Hold view on recovery potential versus consumer and margin uncertainty.

Trend / quality cue

Model-base statements

+1.3% revenue growth | 3.4% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

TJX

The TJX Companies, Inc.

The TJX Companies, Inc. is added as a high-quality large-cap coverage candidate with global off-price retail platform with scale, flexible buying, and value-led traffic. The initial AnalystScope view weighs store expansion, value-seeking consumers, and international growth against quality and scale are already reflected in a premium retail multiple, keeping the rating restrained until the model has more live refresh history.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Sell (Medium confidence)

Current workspace valuation context

Fair value

$120

Upside / Downside

-22.8 downside

Note context

Published note summary

Started coverage with a Hold view on global off-price quality versus a full multiple.

Trend / quality cue

Model-base statements

+4.6% revenue growth | 7.5% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

DIS

The Walt Disney Company

Disney adds a major media and entertainment name with high search interest. The initial view is Hold: improving cash generation, but still mixed segment visibility.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Buy (Medium confidence)

Current workspace valuation context

Fair value

$106

Upside / Downside

+10.2 upside

Note context

Published note summary

Started coverage with a Hold view on recovery progress versus still-mixed segment and leverage risk.

Trend / quality cue

Model-base statements

+2.5% revenue growth | 9.3% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Open current research view Open printable snapshot

TMO

Thermo Fisher Scientific Inc.

Thermo Fisher adds a clean health-care tools name with strong disclosure and model fit. The first view is constructive but still below a high-conviction Buy threshold.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Hold (Low confidence)

Current workspace valuation context

Fair value

$503

Upside / Downside

-4.3 downside

Note context

Published note summary

Started coverage with a Hold view on high-quality life-sciences cash generation versus uneven near-term demand.

Trend / quality cue

Model-base statements

+2.1% revenue growth | 15.3% FCF margin

Open current research view Open printable snapshot

UPS

United Parcel Service, Inc.

United Parcel Service, Inc. is added as a high-quality large-cap coverage candidate with global parcel and logistics network with operating leverage to package volume. The initial AnalystScope view weighs volume recovery, mix improvement, and network productivity against turnaround upside depends on proof that volume and labor-cost headwinds are easing, keeping the rating restrained until the model has more live refresh history.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Hold (Low confidence)

Current workspace valuation context

Fair value

$109

Upside / Downside

-3.4 downside

Note context

Published note summary

Started coverage with a Hold view on recovery potential versus still-muted volume and margin evidence.

Trend / quality cue

Model-base statements

+2.1% revenue growth | 6.3% FCF margin

Open current research view Open printable snapshot

YUM

Yum! Brands, Inc.

Yum! Brands, Inc. is added as a high-quality large-cap coverage candidate with global franchised restaurant brands with asset-light cash-flow economics. The initial AnalystScope view weighs unit growth, international expansion, and franchised brand scale against high franchise quality is reflected in the multiple, keeping the rating restrained until the model has more live refresh history.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Hold (Medium confidence)

Current workspace valuation context

Fair value

$151

Upside / Downside

+2.6 upside

Note context

Published note summary

Started coverage with a Hold view on franchise quality versus leverage and valuation.

Trend / quality cue

Model-base statements

+6.6% revenue growth | 23.5% FCF margin

Open current research view Open printable snapshot

ZTS

Zoetis Inc.

Zoetis Inc. is added as a high-quality large-cap coverage candidate with animal-health medicines and diagnostics with resilient end-market demand. The initial AnalystScope view weighs companion animal demand, livestock productivity, and international expansion against quality premium leaves upside tied to sustained mid-single-digit growth, keeping the rating restrained until the model has more live refresh history.

Published note metadata

Archive view

Latest note event

New

Published Jun 13, 2026

Report updated

Jun 13, 2026

Current published rating

Hold

Published Jun 13, 2026

Current workspace signal

Buy (Medium confidence)

Current workspace valuation context

Fair value

$174

Upside / Downside

+128.2 upside

Note context

Published note summary

Started coverage with a Hold view on animal-health quality versus a full valuation.

Trend / quality cue

Model-base statements

+7.5% revenue growth | 27.0% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

ABT

Abbott Laboratories

Abbott looks like a steadier diversified healthcare hold than a hard-rating opportunity, with the current valuation spread still moderate rather than wide.

Published note metadata

Archive view

Latest note event

New

Published Apr 10, 2026

Report updated

Apr 10, 2026

Current published rating

Hold

Published Apr 10, 2026

Current workspace signal

Hold (Low confidence)

Current workspace valuation context

Fair value

$102

Upside / Downside

+0.2 upside

Note context

Published note summary

Started coverage with a Hold view on diversified healthcare quality and a moderate spread to fair value.

Trend / quality cue

Model-base statements

+5.5% revenue growth | 14.4% FCF margin

Open current research view Open printable snapshot

ADP

Automatic Data Processing, Inc.

ADP remains a high-quality payroll and HCM compounder, but the current setup still looks closer to Hold than to a wide-gap rerating case.

Published note metadata

Archive view

Latest note event

New

Published Apr 10, 2026

Report updated

Apr 10, 2026

Current published rating

Hold

Published Apr 10, 2026

Current workspace signal

Sell (Medium confidence)

Current workspace valuation context

Fair value

$194

Upside / Downside

-24.1 downside

Note context

Published note summary

Started coverage with a Hold view on recurring payroll economics and a still-contained spread to fair value.

Trend / quality cue

Model-base statements

+10.4% revenue growth | 21.7% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

IBM

International Business Machines Corporation

IBM now reads as a steadier Hold with improving enterprise execution, but the current valuation spread still looks moderate rather than especially wide.

Published note metadata

Archive view

Latest note event

New

Published Apr 10, 2026

Report updated

Apr 10, 2026

Current published rating

Hold

Published Apr 10, 2026

Current workspace signal

Buy (Low confidence)

Current workspace valuation context

Fair value

$234

Upside / Downside

+9.8 upside

Note context

Published note summary

Started coverage with a Hold view on improving enterprise execution and a still-contained spread to fair value.

Trend / quality cue

Model-base statements

+7.5% revenue growth | 18.2% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Open current research view Open printable snapshot

INTU

Intuit Inc.

Intuit still looks like a high-quality software compounder, but the current setup is better framed as Hold than as a wide-gap valuation opportunity.

Published note metadata

Archive view

Latest note event

New

Published Apr 10, 2026

Report updated

Apr 10, 2026

Current published rating

Hold

Published Apr 10, 2026

Current workspace signal

Buy (Medium confidence)

Current workspace valuation context

Fair value

$473

Upside / Downside

+61.1 upside

Note context

Published note summary

Started coverage with a Hold view on durable workflow economics and a still-contained spread to fair value.

Trend / quality cue

Model-base statements

+6.9% revenue growth | 29.9% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

MCD

McDonald's Corporation

McDonald's remains a high-quality global franchise, but the current setup still looks more like a disciplined Hold than a wide-gap valuation opportunity.

Published note metadata

Archive view

Latest note event

New

Published Apr 10, 2026

Report updated

Apr 10, 2026

Current published rating

Hold

Published Apr 10, 2026

Current workspace signal

Buy (Medium confidence)

Current workspace valuation context

Fair value

$330

Upside / Downside

+23.2 upside

Note context

Published note summary

Started coverage with a Hold view on durable franchise economics and a still-moderate spread to fair value.

Trend / quality cue

Model-base statements

+1.1% revenue growth | 33.1% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

PEP

PepsiCo, Inc.

PepsiCo remains a defensive cash compounder with broad category strength, but the current setup still reads as Hold rather than a wide-gap upside opportunity.

Published note metadata

Archive view

Latest note event

New

Published Apr 10, 2026

Report updated

Apr 10, 2026

Current published rating

Hold

Published Apr 10, 2026

Current workspace signal

Buy (Medium confidence)

Current workspace valuation context

Fair value

$166

Upside / Downside

+22.4 upside

Note context

Published note summary

Started coverage with a Hold view on durable category breadth and a still-contained spread to fair value.

Trend / quality cue

Model-base statements

+2.7% revenue growth | 9.3% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

QCOM

QUALCOMM Incorporated

Qualcomm now looks like a reasonable Buy candidate on current valuation, provided the model stays conservative on cycle timing and does not overstate any single handset recovery.

Published note metadata

Archive view

Latest note event

New

Published Apr 10, 2026

Report updated

Apr 10, 2026

Current published rating

Buy

Published Apr 10, 2026

Current workspace signal

Sell (Medium confidence)

Current workspace valuation context

Fair value

$142

Upside / Downside

-16.7 downside

Note context

Published note summary

Started coverage with a Buy view on a still-reasonable valuation versus durable wireless economics.

Trend / quality cue

Model-base statements

+10.0% revenue growth | 27.6% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

The Home Depot, Inc.

Home Depot still screens as a high-quality compounding retailer, but the current setup looks more like a disciplined Hold than a wide-gap upside case while the housing backdrop remains mixed.

Published note metadata

Archive view

Latest note event

New

Published Apr 10, 2026

Report updated

Apr 10, 2026

Current published rating

Hold

Published Apr 10, 2026

Current workspace signal

Hold (Low confidence)

Current workspace valuation context

Fair value

$349

Upside / Downside

+4.8 upside

Note context

Published note summary

Started coverage with a Hold view on durable retail quality versus a still-mixed housing backdrop.

Trend / quality cue

Model-base statements

+7.9% revenue growth | 10.0% FCF margin

Open current research view Open printable snapshot

ADBE

Adobe Inc.

Adobe still looks like a high-quality software compounder with strong cash generation, and the current setup now screens as a more credible Buy after the multiple reset.

Published note metadata

Archive view

Latest note event

New

Published Apr 9, 2026

Report updated

Apr 9, 2026

Current published rating

Buy

Published Apr 9, 2026

Current workspace signal

Buy (High confidence)

Current workspace valuation context

Fair value

$270

Upside / Downside

+15.1 upside

Note context

Published note summary

Started coverage with a Buy view on durable software economics and a more attractive post-reset valuation.

Trend / quality cue

Model-base statements

+10.7% revenue growth | 38.2% FCF margin

Open current research view Open printable snapshot

CSCO

Cisco Systems, Inc.

Cisco remains a quality cash compounder with a healthier software and services mix, but the valuation setup still looks more like a disciplined Hold than a wide-gap rerating case.

Published note metadata

Archive view

Latest note event

New

Published Apr 9, 2026

Report updated

Apr 9, 2026

Current published rating

Hold

Published Apr 9, 2026

Current workspace signal

Sell (High confidence)

Current workspace valuation context

Fair value

$87

Upside / Downside

-21.0 downside

Note context

Published note summary

Started coverage with a Hold view on solid cash generation and a narrower valuation spread.

Trend / quality cue

Model-base statements

+3.3% revenue growth | 27.2% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

COST

Costco Wholesale Corporation

Costco remains an elite defensive compounder, but the current multiple already embeds much of that quality, leaving the setup closer to Hold than to a wide-gap upside case.

Published note metadata

Archive view

Latest note event

New

Published Apr 9, 2026

Report updated

Apr 9, 2026

Current published rating

Hold

Published Apr 9, 2026

Current workspace signal

Buy (Medium confidence)

Current workspace valuation context

Fair value

$1,040

Upside / Downside

+11.2 upside

Note context

Published note summary

Started coverage with a Hold view on elite retail quality but a still-demanding valuation.

Trend / quality cue

Model-base statements

+12.5% revenue growth | 3.4% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Open current research view Open printable snapshot

TXN

Texas Instruments Incorporated

Texas Instruments remains a high-quality analog franchise, but the current setup still reads more like a Hold than a wide-gap opportunity given where the cycle and multiple already sit.

Published note metadata

Archive view

Latest note event

New

Published Apr 9, 2026

Report updated

Apr 9, 2026

Current published rating

Hold

Published Apr 9, 2026

Current workspace signal

Sell (Medium confidence)

Current workspace valuation context

Fair value

$215

Upside / Downside

-24.2 downside

Note context

Published note summary

Started coverage with a Hold view on franchise quality versus a still-moderate spread to fair value.

Trend / quality cue

Model-base statements

+9.9% revenue growth | 30.5% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

The Coca-Cola Company

Coca-Cola remains a durable defensive compounder with strong brand economics, but the current valuation spread still looks closer to Hold than to a high-conviction rerating case.

Published note metadata

Archive view

Latest note event

New

Published Apr 9, 2026

Report updated

Apr 9, 2026

Current published rating

Hold

Published Apr 9, 2026

Current workspace signal

Hold (Medium confidence)

Current workspace valuation context

Fair value

$82

Upside / Downside

-0.7 downside

Note context

Published note summary

Started coverage with a Hold view on defensive quality and a still-contained fair-value spread.

Trend / quality cue

Model-base statements

+2.3% revenue growth | 24.9% FCF margin

Open current research view Open printable snapshot

JNJ

Johnson & Johnson

Johnson & Johnson brings diversified healthcare resilience and solid cash generation, but the current valuation spread still looks more like a steady Hold than a strong rerating case.

Published note metadata

Archive view

Latest note event

New

Published Apr 8, 2026

Report updated

Apr 8, 2026

Current published rating

Hold

Published Apr 8, 2026

Current workspace signal

Sell (Medium confidence)

Current workspace valuation context

Fair value

$167

Upside / Downside

-33.0 downside

Note context

Published note summary

Started coverage with a Hold view on healthcare resilience and a moderate fair-value spread.

Trend / quality cue

Model-base statements

+3.7% revenue growth | 21.8% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

Mastercard Incorporated

Mastercard combines high-quality payment-network economics with a still-supportive medium-term growth profile, and the current spread remains just wide enough to justify a Buy view.

Published note metadata

Archive view

Latest note event

New

Published Apr 8, 2026

Report updated

Apr 8, 2026

Current published rating

Buy

Published Apr 8, 2026

Current workspace signal

Hold (Medium confidence)

Current workspace valuation context

Fair value

$560

Upside / Downside

+2.2 upside

Note context

Published note summary

Started coverage with a Buy view on durable growth, margin quality, and still-positive fair-value spread.

Trend / quality cue

Model-base statements

+12.1% revenue growth | 47.5% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Open current research view Open printable snapshot

The Procter & Gamble Company

P&G still screens as a high-quality defensive compounder, but the current setup is better described as a steady Hold than a wide-gap valuation opportunity.

Published note metadata

Archive view

Latest note event

New

Published Apr 8, 2026

Report updated

Apr 8, 2026

Current published rating

Hold

Published Apr 8, 2026

Current workspace signal

Buy (Medium confidence)

Current workspace valuation context

Fair value

$176

Upside / Downside

+17.9 upside

Note context

Published note summary

Started coverage with a Hold view on defensive quality and a narrower valuation spread.

Trend / quality cue

Model-base statements

+3.2% revenue growth | 19.3% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

Visa Inc.

Visa remains a high-quality payments compounder with durable margins and cash generation, though the current setup looks more like a disciplined Hold than a wide-open upside case.

Published note metadata

Archive view

Latest note event

New

Published Apr 8, 2026

Report updated

Apr 8, 2026

Current published rating

Hold

Published Apr 8, 2026

Current workspace signal

Hold (Medium confidence)

Current workspace valuation context

Fair value

$364

Upside / Downside

+1.0 upside

Note context

Published note summary

Started coverage with a Hold view on durable quality versus a more modest valuation gap.

Trend / quality cue

Model-base statements

+10.9% revenue growth | 55.3% FCF margin

Open current research view Open printable snapshot

WMT

Walmart Inc.

Walmart offers defensiveness, scale, and improving mix quality, but the current setup still looks more like a disciplined Hold than a high-upside valuation case.

Published note metadata

Archive view

Latest note event

New

Published Apr 8, 2026

Report updated

Apr 8, 2026

Current published rating

Hold

Published Apr 8, 2026

Current workspace signal

Sell (Low confidence)

Current workspace valuation context

Fair value

$90

Upside / Downside

-20.0 downside

Note context

Published note summary

Started coverage with a Hold view on defensive quality versus a more modest fair-value spread.

Trend / quality cue

Model-base statements

+4.2% revenue growth | 3.1% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

Meta Platforms, Inc.

Meta continues to pair durable ad monetization with improving Reels and messaging economics, while AI investment and Reality Labs spend remain the main offsets.

Published note metadata

Archive view

Latest note event

Upgraded

Published Mar 20, 2026

Report updated

Mar 20, 2026

Current published rating

Buy

Published Mar 20, 2026

Current workspace signal

Hold (Medium confidence)

Current workspace valuation context

Fair value

$618

Upside / Downside

-4.3 downside

Note context

Published note summary

Upgraded to Buy as ad efficiency gains and AI monetization improved the fair value range.

Trend / quality cue

Model-base statements

+18.0% revenue growth | 36.1% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Open current research view Open printable snapshot

NFLX

Netflix, Inc.

Netflix continues to benefit from subscription durability, pricing power, and a developing ad opportunity, but the current share price leaves less room for execution misses.

Published note metadata

Archive view

Latest note event

Downgraded

Published Mar 19, 2026

Report updated

Mar 19, 2026

Current published rating

Sell

Published Mar 19, 2026

Current workspace signal

Buy (Medium confidence)

Current workspace valuation context

Fair value

$97

Upside / Downside

+43.3 upside

Note context

Published note summary

Downgraded to Sell as valuation ran well ahead of our base-case cash-flow assumptions.

Trend / quality cue

Model-base statements

+15.1% revenue growth | 18.5% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

AMD

Advanced Micro Devices, Inc.

AMD remains a credible data-center and AI challenger with improving margin structure, though valuation still requires steady execution on both CPU and accelerator share gains.

Published note metadata

Archive view

Latest note event

Reiterated

Published Mar 18, 2026

Report updated

Mar 18, 2026

Current published rating

Hold

Published Mar 18, 2026

Current workspace signal

Sell (Medium confidence)

Current workspace valuation context

Fair value

$178

Upside / Downside

-64.7 downside

Note context

Published note summary

Maintained Hold as better server execution remains balanced by elevated expectations.

Trend / quality cue

Model-base statements

+21.9% revenue growth | 11.8% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

AVGO

Broadcom Inc.

Broadcom combines attractive AI networking and custom silicon exposure with high-quality infrastructure software cash flows, though post-deal leverage and elevated expectations keep the current view balanced.

Published note metadata

Archive view

Latest note event

Reiterated

Published Mar 18, 2026

Report updated

Mar 18, 2026

Current published rating

Hold

Published Mar 18, 2026

Current workspace signal

Sell (Medium confidence)

Current workspace valuation context

Fair value

$177

Upside / Downside

-53.2 downside

Note context

Published note summary

Maintained Hold as strong execution remains balanced by leverage and already-full expectations.

Trend / quality cue

Model-base statements

+33.0% revenue growth | 38.4% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

ORCL

Oracle Corporation

Oracle increasingly benefits from OCI backlog, database franchise durability, and higher cloud relevance, leaving room for upside as cloud infrastructure execution improves.

Published note metadata

Archive view

Latest note event

Upgraded

Published Mar 17, 2026

Report updated

Mar 17, 2026

Current published rating

Buy

Published Mar 17, 2026

Current workspace signal

Buy (Medium confidence)

Current workspace valuation context

Fair value

$168

Upside / Downside

+38.8 upside

Note context

Published note summary

Upgraded to Buy as OCI conversion and backlog durability improved the valuation range.

Trend / quality cue

Model-base statements

+9.1% revenue growth | 31.8% FCF margin

Open current research view Open printable snapshot

GOOGL

Alphabet Inc.

Alphabet combines durable search economics with improving cloud profitability and expanding AI monetization, leaving the shares attractive relative to its cash generation.

Published note metadata

Archive view

Latest note event

Upgraded

Published Mar 16, 2026

Report updated

Mar 16, 2026

Current published rating

Buy

Published Mar 16, 2026

Current workspace signal

Sell (High confidence)

Current workspace valuation context

Fair value

$196

Upside / Downside

-44.2 downside

Note context

Published note summary

Upgraded to Buy as cloud margin progress and AI monetization improved the fair value range.

Trend / quality cue

Model-base statements

+13.0% revenue growth | 21.6% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

AMZN

Amazon.com, Inc.

Amazon continues to compound through AWS, advertising, and retail efficiency gains, with margin expansion still not fully reflected in current valuation assumptions.

Published note metadata

Archive view

Latest note event

New

Published Mar 15, 2026

Report updated

Mar 15, 2026

Current published rating

Buy

Published Mar 15, 2026

Current workspace signal

Hold (Low confidence)

Current workspace valuation context

Fair value

$231

Upside / Downside

-7.6 downside

Note context

Published note summary

Initiated coverage with a Buy view on AWS and retail margin normalization.

Trend / quality cue

Model-base statements

+11.0% revenue growth | 6.8% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Open current research view Open printable snapshot

AAPL

Apple Inc.

Apple remains a premium ecosystem franchise with resilient installed-base monetization, though near-term device cycles and regulatory scrutiny keep upside more balanced.

Published note metadata

Archive view

Latest note event

Reiterated

Published Mar 15, 2026

Report updated

Mar 15, 2026

Current published rating

Hold

Published Mar 15, 2026

Current workspace signal

Sell (Medium confidence)

Current workspace valuation context

Fair value

$212

Upside / Downside

-35.1 downside

Note context

Published note summary

Maintained Hold as services resilience offset a still-balanced device outlook.

Trend / quality cue

Model-base statements

+2.0% revenue growth | 25.5% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

Open current research view Open printable snapshot

MSFT

Microsoft Corporation

Microsoft retains high recurring revenue quality from enterprise cloud and productivity suites. Near-term operating leverage remains healthy despite elevated AI infrastructure spend.

Published note metadata

Archive view

Latest note event

Reiterated

Published Mar 14, 2026

Report updated

Mar 14, 2026

Current published rating

Buy

Published Mar 14, 2026

Current workspace signal

Buy (High confidence)

Current workspace valuation context

Fair value

$474

Upside / Downside

+17.8 upside

Note context

Published note summary

Maintained the Buy view as Azure checks and AI demand stayed supportive.

Trend / quality cue

Model-base statements

+14.0% revenue growth | 31.9% FCF margin

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NVDA

NVIDIA Corporation

NVIDIA continues to lead accelerated compute demand with sustained pricing power and superior software lock-in, though valuation embeds elevated growth durability assumptions.

Published note metadata

Archive view

Latest note event

Downgraded

Published Mar 12, 2026

Report updated

Mar 12, 2026

Current published rating

Hold

Published Mar 12, 2026

Current workspace signal

Sell (Medium confidence)

Current workspace valuation context

Fair value

$88

Upside / Downside

-56.6 downside

Note context

Published note summary

Shifted to Hold as valuation left less room for continued upside.

Trend / quality cue

Model-base statements

+83.9% revenue growth | 53.8% FCF margin

Model vs published view

Current model signal differs from the latest published analyst rating.

Live current-price moves may be widening the gap versus the latest published view.

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