The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need to know, as compiled by The Fly.

Wells Fargo upgraded Paramount (PARA) to Equal Weight from Underweight with a price target of $11, up from $10. The company is heading into the Skydance merger with a second half of 2025 close, which includes $15 per share offer for up to 50% of shares, which limits fundamental upside/downside, the analyst tells investors.

Daiwa upgraded PayPal (PYPL) to Outperform from Neutral with a price target of $72, up from $68. Some of the company's initiatives are "quickly generating visible results," such as improving profitability for Braintree, the analyst tells investors in a research note.

Morgan Stanley upgraded General Dynamics (GD) to Overweight from Equal Weight with a price target of $345, up from $293. The analyst sees General Dynamics "with a premier balance sheet and strong prospects for capital return upside."

Craig-Hallum upgraded Akamai (AKAM) to Buy from Hold with a price target of $125, up from $110. Top line growth appears poised to bottom in Q3 and accelerate into the mid to upper single digits in FY25, says the analyst.

Cantor Fitzgerald upgraded SoundHound (SOUN) to Overweight from Neutral with a price target of $7, up from $5. The Amelia acquisition will add financial services and healthcare customer exposure to SoundHound, and while the company would have entered these markets, it likely would have taken them several years to do so, the analyst tells investors in a research note.