TD Cowen upgraded auto supplier Lear Corp (NYSE:LEA) to a Buy, raising its price target from ($138) to ($165). This bullish pivot is backed by a strong first-quarter 2026 earnings report and positive expectations for North American auto production.
Here is the breakdown of the 4 major stock upgrades—including Lear—that drove market action:
Lear Corp (NYSE: LEA): TD Cowen upgraded the automotive technology and parts supplier from Hold to Buy. The upgrade was driven by strong Q1 2026 earnings—posting an adjusted EPS of ($3.87)—and a favorable positioning in North American auto production.
The Travelers Companies (NYSE: TRV): JP Morgan upgraded the insurance firm from Underweight to Neutral, adjusting its price target from ($316) to ($322).
Cognex Corp (NASDAQ: CGNX): JP Morgan upgraded the machine vision company from Neutral to Overweight, raising the price target from ($65) to ($75). The call was anchored in structural tailwinds from data centers, robotics, and humanoids.
Booz Allen Hamilton Holding (NYSE: BAH): Stifel upgraded this management consulting firm from Hold to Buy. Despite slightly lower revenues, the upgrade was anchored on an attractive valuation and positive long-term contracts.
