PerpEquities

Top analysts on stock perps · Analyst

Stephen Baxter (Wells Fargo): analyst track record on stock perps

Stephen Baxter of Wells Fargo on companies with stock perpetual futures: star rating, success rate, price-target accuracy, current calls and the measured perp reaction after each rating.

Stars3.9★
Success51%
Excess return+4.4%
rank#2,870
Ratings360
ratings on stock perps235

Track record

TipRanks data via FMP
12 months3 years
Ratings178581
Stock3535
Buy / hold / sell100 / 67 / 11328 / 215 / 38
Upgrades / downgrades / initiations2 / 3 / 312 / 12 / 10
Price targets hit / missed73 / 105 (41%)290 / 288 (50%)
Avg. return after a rating (TipRanks)+7.9%+36.3%
Best / worst call+196.2% / -49.1%+2,215.0% / -68.0%

After buy calls: median 21-day move +0.8% · vs S&P 500 -0.9% · targets hit within a year 58% (n = 224)

Current calls on stock perps

StockCallTargetvs last closeDate
$CVS CVS HealthBuy · Reiterated$123+29.1%Sep 9, 2026
$UNH UnitedHealth Group IncorporatedBuy · Maintained$526+35.5%Sep 9, 2026
$OSCR Oscar Health, Inc.Hold · Reiterated$27.00-17.1%Aug 13, 2026
$MCK McKesson CorporationHold · Reiterated$933+5.9%Aug 11, 2026
$HCA HCA HealthcareHold · Reiterated$381-9.5%Aug 3, 2026
$CI CignaHold · Reiterated$307+9.3%Jul 31, 2026
$ELV Elevance HealthBuy · Reiterated$473+13.6%Jul 16, 2026

Recent ratings

  • Sep 9, 2026 $UNH: Maintained · Buy · $526 · article
  • Sep 9, 2026 $CVS: Reiterated · Buy · $123 · article
  • Aug 26, 2026 $CVS: Maintained · Buy · $123 · article
  • Aug 13, 2026 $OSCR: Reiterated · Hold · $27.00 · article
  • Aug 11, 2026 $CVS: Reiterated · Buy · $123 · article
  • Aug 11, 2026 $MCK: Reiterated · Hold · $933 · article
  • Aug 3, 2026 $HCA: Reiterated · Hold · $381 · article
  • Jul 31, 2026 $CI: Reiterated · Hold · $307 · article
  • Jul 20, 2026 $HCA: Maintained · Hold · $369 · article
  • Jul 17, 2026 $UNH: Reiterated · Buy · $526 · article
  • Jul 16, 2026 $UNH: Reiterated · Buy · $485 · article
  • Jul 16, 2026 $ELV: Reiterated · Buy · $473 · article
  • Jul 15, 2026 $CVS: Reiterated · Buy · $123 · article
  • Jul 15, 2026 $ELV: Maintained · Buy · $473 · article
  • Jul 15, 2026 $UNH: Reiterated · Buy · $485 · article
  • Jul 13, 2026 $HCA: Maintained · Hold · $428 · article
  • Jun 4, 2026 $ELV: Maintained · Buy · $391 · article
  • Jun 4, 2026 $CVS: Maintained · Buy · $103 · article
  • Jun 4, 2026 $CI: Maintained · Hold · $305 · article
  • Jun 4, 2026 $OSCR: Upgraded · Hold · $20.00 · article

Stephen Baxter3.9★ · 51% success · +4.4% excess return · TipRanks data via FMP · Source headlines via TheFly/StreetInsider (FMP). Reaction = venue-median perp move after our detection — an observation, not investment advice.