Recent analyst actions feature notable shifts in both tobacco and tech sectors. Manika Premsingh has downgraded Altria (MO) to Hold, citing concerns about the company’s progress in tobacco-free products, while Amrita Roy has upgraded MongoDB (MDB) to Buy following two consecutive quarters of impressive revenue beats. On the downgrade side, Roy has also moved Pinterest (PINS) to Hold amid weak forward guidance, and Gary Alexander has upgraded HP (HPQ) from Sell to Hold as cost initiatives begin showing results.
Upgrades
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MongoDB (MDB): Upgrade Hold to Buy by Amrita Roy. The analyst points to two consecutive quarters of 800 basis point revenue beats and significant margin expansion, with the company’s Atlas platform accelerating growth and positioning itself as an essential layer in the AI infrastructure stack.
“Over the last two quarters, MongoDB is increasingly executing a lot like Palantir, where it not only beat its revenue guidance by 800 basis points for two quarters straight from Atlas reacceleration but is also significantly raising forward revenue guidance while expanding operating margins at the same time. … While MongoDB is certainly not a ‘cheap’ company on a P/E ratio basis, it is at an inflection point.”
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HP (HPQ): Upgrade Sell to Hold by Gary Alexander. The analyst notes that the stock’s valuation has dropped over 20% since November while operational efficiency initiatives have intensified, creating a more balanced bull and bear case.
“The company has deepened its commitment to efficiency, which could set the stage for profit improvement in FY26…The sole benefit to investing in HP is its cheapness plus its dividend.”
Downgrades
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Altria Group (MO): Downgrade Buy to Hold by Manika Premsingh. The analyst expresses concern over the company’s disappointing progress in tobacco-free products, particularly the stalled growth of its On! nicotine pouches brand.
“As things stand, Altria has already failed to make a dent in the market for tobacco-free products. … If Altria is unable to make any sustained gains on next-generation nicotine products, its price can fall further. It’s not an entirely lost battle, though, so I’d still wait and watch if MO can make some progress.”
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Pinterest (PINS): Downgrade Buy to Hold by Amrita Roy. The analyst highlights weak Q4 guidance and slowing growth in the critical US & Canada market, which contributes over 75% of total revenue.
“The way I see it, Pinterest management needs to present a bold new plan to revive growth back in the company, especially in its US & Canada region. Until that happens, I believe investor sentiment will remain depressed and the stock price will be range-bound.”