Chuyển tới nội dung
Trang chủ » Analysts Deliver Major Calls on Wall Street This Tuesday

Analysts Deliver Major Calls on Wall Street This Tuesday

Tuesday's biggest Wall Street analyst calls

Tuesday’s biggest Wall Street analyst calls

Wall Street’s Biggest Calls: Meta AI Capabilities, Microsoft, and Chevon

In Tuesday’s notable Wall Street calls, several major companies are seeing bullish evaluations from industry analysts. Piper Sandler, for example, has reiterated Meta as an overweight and very bullish on the company’s AI capabilities. Meanwhile, Jefferies has added Microsoft to its franchise picks list and HSBC has upgraded Chevron to a buy from hold, citing attractive valuation.

Additionally, Stifel has reiterated Nvidia as a buy, raising its price target on the stock to $300 per share from $225 and noting that it is bullish heading into Wednesday’s earnings report. Bank of America also raised its price target on Advanced Micro Devices (AMD) to $120 per share from $105 and reiterated it as a buy, citing the company’s potential for another large opportunity in AI.

However, JPMorgan has initiated Cleveland-Cliffs and U.S. Steel as neutral, expressing concern about worsening fundamentals. And Oppenheimer has reiterated Tesla as a perform, predicting that the automaker will outperform near-term but remaining cautious about the uncertain macro backdrop.

Wall Street analysts have also upgraded Zoom, Quanterix, and Myriad Genetics, while initiating coverage of Chimerix and declaring CCC Intelligent Solutions Holdings, Spotify, Churchill Downs, Workday, and TopBuild as buys due to a range of factors.

FAQs
What is Wall Street?
Wall Street is a street in Lower Manhattan, New York City, and also refers to the financial district located there. It is the home of the New York Stock Exchange (NYSE) and is a metonym for the financial markets of the United States.

What are the biggest calls on Wall Street?
The biggest calls on Wall Street refer to the assessments and recommendations made by analysts and financial institutions on the performance and outlook for different stocks and companies.

What is an overweight rating?
An overweight rating is a recommendation to purchase more shares of a particular stock than the proportion held in the investor’s index or benchmark.

What is an AI ecosystem?
An AI ecosystem refers to a network of interconnected AI technologies, tools, platforms, and applications that work together to support various use cases and industries.

What is a franchise picks list?
A franchise picks list is a collection of stocks that a financial institution believes have the potential for long-term growth and that are relatively low-risk investments.

What is a buy rating?
A buy rating is a recommendation to purchase shares of a particular stock, based on the analyst’s assessment of the company’s fundamentals, industry trends, and growth potential.

What is a neutral rating?
A neutral rating is a recommendation to neither buy nor sell shares of a particular stock, indicating that the analyst believes the stock is adequately priced and unlikely to show significant growth or decline.

What is a perform rating?
A perform rating is a recommendation to hold shares of a particular stock, indicating that the analyst believes the stock’s performance will be in line with market averages and expectations.

Tuesday's biggest Wall Street analyst calls
Tuesday’s biggest Wall Street analyst calls

Largest Wall Street Analyst Calls on Tuesday

Several major financial institutions have made calls on stocks, with some reiterating their bullish outlooks and others initiating coverage or upgrading their ratings.

Piper Sandler has reiterated its “overweight” rating on Meta, citing the tech company’s artificial intelligence capabilities as a key driver for “higher user engagement, more automated advertiser tools, and an open-source AI ecosystem.” Jefferies added Microsoft to its franchise picks list, deeming it among the names with the least risk to AI. Meanwhile, HSBC upgraded Chevron to a “buy” rating, citing an attractive valuation and distribution yield on par with EU majors.

Stifel has reconfirmed Nvidia as a “buy” ahead of the company’s earnings release. The investment bank raised its price target on the stock, citing strong demand for Nvidia’s data center GPU products. Likewise, Bank of America raised its price target for Advanced Micro Devices to $120 from $105, calling the company “on the verge of another large opportunity” in AI.

JPMorgan initiated coverage of Cleveland-Cliffs and U.S. Steel, expressing concerns about “worsening fundamentals.” In contrast, Oppenheimer reiterated its “perform” rating on Tesla, stating that the automaker will likely outperform in the short term but remaining cautious about margin expansion timing.

Other ratings include Baird’s “outperform” rating for biotech firm Chimerix, Goldman Sachs’ upgrade of Quanterix to “buy” from “neutral”, and Evercore ISI’s upgrade of CCC Intelligent Solutions Holdings to “outperform” from “in line.”

Meanwhile, Guggenheim has reconfirmed its “buy” rating on Spotify, calling the streaming service’s usage trends “strong.” Bank of America also reiterated its “buy” rating on Churchill Downs, citing the horse racing and gaming company’s “unique and idiosyncratic growth story.” Finally, Goldman Sachs has reconfirmed its “buy” rating on Workday ahead of the company’s earnings release later in the week, while Bank of America initiated coverage of insulation distributor TopBuild with a “buy” rating, calling it a “high-return business.”

Trả lời

Email của bạn sẽ không được hiển thị công khai. Các trường bắt buộc được đánh dấu *