Wells Fargo's Q2 2025 Tactical Ideas list includes 10 stocks with key catalysts. Overweight: $CHKP, $COF, $CPRI, $DLTR, $KKR, $LLY, $PTCT, $ROKU, $RYTM. Underweight: $TSLA, citing weak auto fundamentals and overvaluation vs. the Magnificent 7. Notes Cybercab launch in June as unlikely due to limited testing.

#Upgrades - Mar 03, 2025 • $ACNB: Piper Sandler Upgrades to Overweight from Neutral - PT $50 (from $37) • $BOW: KBW Upgrades to Outperform from Market Perform - PT $44 • $CHKP: Piper Sandler Upgrades to Overweight from Neutral - PT $260 (from $220) • $CMG: Morgan Stanley Upgrades to Overweight from Equalweight - PT $70 (from $65) • $CRL: Redburn-Atlantic Upgrades to Neutral from Sell - PT $188 (from $171) • $GTN: Wells Fargo Upgrades to Equal Weight from Underweight - PT $4 • $ITCI: Canaccord Genuity Upgrades to Buy from Hold - PT $132 • $KMI: Barclays Upgrades to Overweight from Equalweight - PT $31 • $MLCO: Morgan Stanley Upgrades to Overweight from Equalweight - PT $6.70 (from $7.50) • $MOS: JPMorgan Upgrades to Overweight from Neutral - PT $29 (from $26) • $MSEX: Baird Upgrades to Outperform from Neutral - PT $61 • $MYTE: TD Cowen Upgrades to Buy from Hold - PT $14 (from $13) • $ONC: BofA Securities Upgrades to Buy from Neutral - PT $320 (from $207) • $THO: BofA Securities Upgrades to Buy from Neutral - PT $125 (from $110) • $UWMC: KBW Upgrades to Outperform from Market Perform - PT $7.50 (from $6.50) • $VIV: Barclays Upgrades to Overweight from Equalweight - PT $11.50 (from $11.80)