Monday’s biggest Wall Street analyst calls like Nvidia
Here are Monday’s biggest calls on Wall Street: Bernstein reiterates MicroStrategy as outperform The firm raised its price target on the stock to $600 per share from $290. ” MicroStrategy’s (MSTR) Bitcoin treasury model is unprecedented on Wall Street, in our view.” Morgan Stanley upgrades Banco Santander to overweight from equal weight The firm said the bank has a “resilient regional footprint.” “We downgrade Caixabank and ING to Equal-weight, and we upgrade Nordea and Santander to Overweight as both have a more resilient regional footprint and improved capital generation outlook.” Oppenheimer naming Target a top pick Oppenheimer said the stock is too attractive to ignore at current levels. “We are adding TGT back to top pick status. In mid-October around the $157 level we removed TGT from our top pick ranking driven in part by our apparel clearance inventory observations. With the reset out of the way, we see a very compelling risk/reward scenario developing.” Citi upgrades U.S. Bancorp to buy from neutral Citi said the regional bank’s shares are compelling at current levels. “We are upgrading USB to Buy here given it trades at a fairly large discount, but also we see an inflection point here with line of sight to positive operating leverage leading to upside on EPS revisions and share buybacks.” Morgan Stanley upgrades Robinhood to overweight from equal weight The firm said Robinhood is a Trump election beneficiary. “HOOD among the biggest beneficiaries of the election results in our coverage; potential deregulation enables HOOD to participate more aggressively in crypto.” UBS initiates Arm as buy UBS said it sees “strong growth vectors” for the semis company. “We initiate coverage of Arm Holdings (ARM) with a Buy rating and $160 price target (20% upside).” Morgan Stanley upgrades KinderCare to overweight from equal weight Morgan Stanley said shares are compelling at current levels for the daycare company. “We view KLC’s 28% pullback MTD as an attractive entry point.” BMO downgrades Square to market perform from outperform BMO said it’s concerned about slowing growth for Square. “Downgrading to Market Perform; Tougher to See Gross Profit Upside From Here.” Telsey downgrades Five Below to market perform from outperform Telsey said it sees too many negative catalysts ahead. ” Five Below is undergoing a major strategic transition across its business model, which combined with changes in leadership and potential pressure related to tariffs, clouds our visibility on the nearto medium-term performance.” Wedbush upgrades Snowflake to outperform from neutral Wedbush said Snowflake is “in the sweet spot to benefit from AI use cases over the next 12 to 18 months. “To reflect our increased bullishness on the next phase of this AI Revolution in the software sector into 2025 we are upgrading our ratings on Elastic and Snowflake to OUTPERFORM (from NEUTRAL) while also raising our price targets on Palantir and Salesforce heading into 2025.” Morgan Stanley reiterates Apple as overweight Morgan Stanley said it’s survey checks “reinforce [the] multi-year iPhone upgrade thesis.” “Our 2024 AlphaWise Global Smartphone Survey confirms that iPhone upgrade rates are improving and Apple Intelligence is an emerging catalyst to iPhone upgrades, with broader availability key to unlocking pent-up demand globally” Goldman Sachs upgrades W.R. Berkley to buy from neutral The firm said it’s bullish on the insurance company. “Our WRB Buy rating reflects our view that WRB can continue earning pricing in excess of claim cost trend (builds margin), our increased confidence in reserves supported by strong paid-to-incurred loss ratios, and above-street investment income estimates from higher corporate bond yields.” UBS reiterates Tesla as sell UBS said it’s sticking with its sell rating on the stock. The firm did raise its price target on the stock to $226 per share from $197. “We urge investors to think about what one needs to believe to add to TSLA positions at current levels.” TD Cowen reiterates CVS as buy The firm said it’s a top idea in 2025. “Our best idea for 2025 is CVS . While a high risk pick, we see potential upside of +40% worth it.” Bank of America initiates Shoals Technologies as buy Bank of America said the solar company is “well positioned for growth.” “We are initiating coverage of Shoals Technologie s (SHLS) with a Buy rating and a $6 price objective, with 24% potential upside.” D.A. Davidson upgrades Procter & Gamble to buy from neutral D.A. upgraded Procter & Gamble and says China sales are improving. “Upgrading to BUY on Improved China Commentary.” Goldman Sachs downgrades Nio to sell from neutral The firm said in its downgrade of Nio that it’s concerned about a slowing pipeline for the China EV company. “Slow production ramp and growing opex hinder path to profitability.” Rosenblatt reiterates Nvidia as buy Rosenblatt said it’s sticking with the stock following earnings last week. “1) Nvidia delivered a solid quarter and outlook; 2) Blackwell’s demand profile is better for 2025; and 3) speculation of ‘power’ issues plaguing the new ramp are discounted, which trumps the near-term networking air-pocket, gaming constraints.” Goldman Sachs reiterates FedEx as buy The firm said it’s sticking with FedEx heading into earnings in December. “Key to the shares will be FDX’s idiosyncratic opportunity set to create value for shareholders.” Wedbush reiterates Amazon as outperform Wedbush said the e-commerce giant is well positioned heading into the holiday season. “We think this dynamic favors Amazon relative to the broader eCommerce group given its faster shipping speeds and wide assortment of same day and next-day products.” Bank of America reiterates Palantir as buy The firm raised its price target on the stock to $75 per share from $55. “PLTR has demonstrated their ability to digitize enterprises and battlespaces from finances to missile production.” Wolfe upgrades Jones Lang Lasalle to outperform from peer perform Wolfe said it sees “sector tailwinds” for the real estate company. ” JLL benefits from capital markets comps, improved disclosure supports multiple expansion, while sector tailwinds from potential deregulation and tax reform may accelerate earnings growth.”
#Mondays #biggest #Wall #Street #analyst #calls #Nvidia