SA Analyst Upgrades/Downgrades: Salesforce, Bristol Myers Squibb, Palantir, and Reddit.

Analysts at SA, Amrita Roy and Oakoff Investments, have upgraded Salesforce and Reddit, respectively, due to their strategic moves and strong AI monetization capabilities. In contrast, Noah's Arc Capital has downgraded the stocks. Salesforce is expected to benefit from its agentforce and consumption-based pricing, while Reddit's Q2 results demonstrated its potential in AI monetization.

Analysts have made significant moves in the tech sector, with upgrades and downgrades reflecting their assessments of strategic moves and financial performance. Salesforce, Inc. (CRM) and Reddit, Inc. (RDDT) have seen upgrades, while Palantir Technologies Inc. (PLTR) and Bristol-Myers Squibb Company (BMY) have been downgraded.

Amrita Roy of Seeking Alpha (SA) upgraded Salesforce to a "Buy" rating with a $328 price target. The analyst cited Salesforce's transition to consumption-based pricing with Flex credits and the pending acquisition of Informatica as key drivers of growth. Roy noted that investor pessimism has led to a 30% compression in the stock's forward FY26 price-to-earnings multiple, despite flat forward earnings per share estimates [1].

Oakoff Investments upgraded Reddit from a "Sell" to a "Hold" rating. The analyst highlighted Reddit's exceptional Q2 2025 performance, with $500M in revenue (+78% YoY) and strong AI monetization capabilities. Reddit's AI partner companies are increasingly using its content, making data licensing a significant top-line opportunity [1].

Conversely, Noah’s Arc Capital Management downgraded Palantir from a "Strong Buy" to a "Hold" rating. Despite strong fundamentals and a record $10B Army contract, the analyst cited concerns about the stock's extreme valuation at over 265x forward earnings. The analyst believes that the valuation has become extreme, leaving little upside potential for Palantir [1].

Manika Premsingh downgraded Bristol-Myers Squibb from a "Buy" to a "Hold" rating. The analyst noted that while revenue performance is showing signs of recovery, earnings disappointments and reduced guidance present ongoing challenges. Premsingh believes that better times are in store for the stock as revenue growth accelerates, but it could take time [1].

These moves reflect the analysts' assessments of each company's strategic initiatives and financial performance. As investors navigate the current market volatility, these ratings provide valuable insights into the future prospects of these companies.

References:
[1] https://seekingalpha.com/news/4477457-sa-analyst-upgradesdowngrades-crm-bmy-pltr-rddt
[2] https://www.cnbc.com/2025/07/31/reddit-rddt-q2-2025.html
[3] https://www.cbsnews.com/news/google-deepmind-ceo-demonstrates-genie-2-world-building-ai-model-60-minutes/