---
title: "Wall Street Calls: Barclays Lifts Sagimet, JPMorgan Upgrades Lithium Americas, Bank of America Raises Sasol"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/298460866.md"
description: "Major Wall Street firms issued new stock ratings: Barclays upgraded Sagimet to Overweight with an $18 target; JPMorgan upgraded Lithium Americas to Overweight with a $6 target; Bank of America upgraded Sasol to Buy citing valuation; TD Cowen initiated Faeth Therapeutics at Buy; and Needham initiated Kodiak AI at Buy with an $8 target."
datetime: "2026-09-09T12:45:40.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/298460866.md)
  - [en](https://longbridge.com/en/news/298460866.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/298460866.md)
generator: "portal-rs"
---

# Wall Street Calls: Barclays Lifts Sagimet, JPMorgan Upgrades Lithium Americas, Bank of America Raises Sasol

According to CNBC, TD Cowen initiated coverage of Faeth Therapeutics at Buy, saying the clinical-stage oncology company is firing on all cylinders. Barclays upgraded Sagimet Biosciences to Overweight from Equal Weight and raised its price target to $18 from $8, while JPMorgan upgraded Lithium Americas to Overweight from Neutral and set a Dec-27 price target of $6, implying 100% upside. Bank of America upgraded Sasol to Buy from Neutral, citing a compelling valuation, and Needham initiated Kodiak AI at Buy with an $8 target, saying it is well positioned for autonomous long-haul trucking.

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## Related News & Research

- [Lithium Americas Corp. (TSE:LAC) Given Average Recommendation of "Hold" by Analysts](https://longbridge.com/en/news/298544927.md)
- [Lithium Americas VP Corporate Development Alexi Zawadzki retires Sept. 11](https://longbridge.com/en/news/298727944.md)
- [Sasol directors, officers sell vested shares worth ZAR 20.71 million](https://longbridge.com/en/news/298609180.md)
- [A legal AI startup has a plan to take on Lexis Nexis and Westlaw](https://longbridge.com/en/news/298892675.md)
- [Why Sasol stock soared nearly 10% higher today](https://longbridge.com/en/news/298516358.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**