Here is the biggest call on Wall Street: Goldman Sachs reiterates Nvidia as a firm buy raising the price target on the stock to $165 per share from $150 below earnings. “We reiterate our Buy rating on NVDA (which is also on the American Conviction List) and highlight the rich catalyst road ahead.” Morgan Stanley started UMB Financial as an objection Morgan Stanley said the commercial bank has a “differentiated deposit base.” “We see UMBF as one of the best ways to play low rates among Midcap Banks.” Rosenblatt upgraded Palo Alto Networks to buy from neutral. “The company delivered another strong quarterly performance, driven by the successful execution of its platform strategy.” William Blair downgrades Ulta to market performance from outperform William Blair said he sees a “drawn-out recovery category” for shares of Ulta. “We are downgrading the shares of Ulta to Market Perform from Outperform. Our downgrade is predicated on the view that came off the hard reset of expectations on the day of the analyst, October 16, the consensus 2025 comp and the operating margin appear to be still optimistic and embed the expectations of the early inflection of 2025 in category of beauty, which we believe is impossible.” Goldman Sachs downgrades XPeng to neutral from buy Goldman downgrades China EV company mainly in value. “With at least four new models in the pipeline in 2025, we continue to see strong volume growth +81% yoy for XPeng. On the other hand, we remain cautious about the competitive environment coming into 2025, especially in the fourth quarter first. which has historically been seen to reduce prices more and more.” Wells Fargo which started GE Vernova as an overweight Wells said it is seeing a “surge in the power of AI” for stocks of electric and renewable energy companies. “GEV is a major beneficiary of LT’s forecast growth in power demand driven by AI data center development, US reshoring, & electrification trends.” Bank of America reiterates Netflix as a purchase Bank of America raised its price target on the stock to $1,000 per share from $800. Last weekend, 60 million households (65 million concurrent streams at peak; 108 million global live viewers from opening to closing bell) watched the Jake Paul vs. Mike Tyson boxing match on Netflix. Morgan Stanley reiterates that Dell is overweight, saying it is sticking with Dell ahead of next week’s earnings. “We like this story for 2025 and will therefore be a buyer of post-earnings weakness, keeping OW at $154 PT.” Citi upgrades DT Energy to buy from neutral Citi says the natural gas pipeline company has “best-in-class” growth. “In addition, DTM currently has more than $10 billion in market cap, which should attract the attention of a wider investor base, including international investors.” Goldman Sachs reiterates Chevron as a buy Goldman raised the price target on the stock to $170 per share from $167. “For Chevron, we reiterate our constructive view on the stock, where we see ~10% total return to an updated PT of $170/sh.” Barclays raised the Royal Bank of Canada to the weight of equal weight Barclays said he likes the Canadian bank’s “size and diverse business model.” “We upgrade RY to overweight of the same weight.” Goldman Sachs initiates Merus Therapeutics as buy Goldman says the biotech company has “best-in-class” potential. “We initiate coverage of MRUS (Merus NV) with a Buy rating and a 12-month target price of $73.” Goldman Sachs reiterates Snowflake as a firm buy, saying it likes the company’s “strong execution” following Monday’s earnings. “We reiterate our Buy rating and $220 Price Target on Snowflake (on our confidence list) following impressive F3Q results that increase our confidence that the company can sustain mid-20s revenue growth on $4B revenue scale while delivering 25% FCF margins…” Bank of America reiterates Tesla as a buy Bank of America says the stock is the best position heading into next year. “Tesla appears to be well positioned for growth in 2025 due to recent comments made during the earnings call, including: production volume increase in the range of 20-30% YoY, start of Cybercab production, launch of public ride-hailing app, battery shipment from factory Shanghai, and the progress of FSD (full self-driving). JPMorgan reiterates that the platform is a healthy result for what is usually a softer quarter. TJX Companies as buy Bank of America called the stock a “resilient stock performer” after Wednesday’s earnings. banner.” Goldman Sachs reiterates Salesforce as a buy Goldman said he sticks with the shares of Salesforce. “We reiterate the rating of Buy and raise the PT to $ 360 (vs. $ 325 previously) after the Agentforce World Tour, where conversations with partners and customers make us more confident in the execution of Salesforce’s AI strategy.”
The biggest analyst there is a phone like Nvidia
Leave a comment
Your Trusted Source for Accurate and Timely Updates!
Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
