Here are the biggest calls on Wall Street on Monday:
Wells Fargo reiterates Tesla as underweight
The firm says it’s sticking with its underweight rating on Tesla ahead of earnings next week.
“With limited Robotaxi & Optimus progress, we see pivot to Semi, Roadster, solar & semi fab. We stay UW.”
KeyBanc reiterates Nvidia as overweight
KeyBanc says it’s bullish on the stock ahead of earnings later this quarter.
“We expect NVDA to deliver higher results and higher guidance, driven by accelerating AI demand while incremental supply commitments support LT growth.”
Loop reiterates Apple as buy
The firm adjusted its estimates on the stock and says shares are compelling at current levels.
″...& We Con’t to Like AAPL Here.”
TD Cowen reiterates Netflix as buy
The firm says it’s bullish ahead of earnings later this week.
“We expect paid net adds of +4.56MM reflecting seasonality & strong slate of Originals, incl Bridgerton (S4) & The Night Agent (S3). Our 1Q26 consumer survey shows NFLX remains the most popular choice for living room TV, and we view the biz as well positioned to continue its global ramp via organic growth. Reiterate Buy and $112 Price Target.”
Macquarie upgrades CoreWeave to outperform from neutral
Macquarie says it sees a slew of positive catalysts ahead for CoreWeave.
“We upgrade CRWV to Outperform from Neutral on recent announcements with Meta and Anthropic, suggesting its ecosystem role is becoming structural.”
HSBC downgrades Nike to hold from buy
HSBC downgraded the stock citing a slower turnaround.
“Downgrade Nike to Hold (from Buy) on deferred turnaround.”
Jefferies upgrades Starbucks to hold from sell
Jefferies says the U.S. is stabilizing.
“While SBUX continues to trade at a large premium valuation we find unwarranted, we upgrade our rating from Underperform to Hold with expectations/ests finally closer to realistic levels.”
Bank of America upgrades On Semi to buy from neutral
The firm says its upgrade is “early” but that the stock is too attractive to ignore.
“Upgrade ON to Buy; raise estimates/PO to $85. The slow auto/EV environment makes our ON upgrade potentially a tad early, but we like the company’s 1) pipeline (rising AI power, Treo products), 2) solid FCF generation (~6% FCF yield)...”
Bank of America upgrades Nokia to buy from neutral
Bank of America says the company is becoming an “optical powerhouse.”
“Following its former mobile phone dominance and transition to telco equipment, Nokia is now transforming into an optical powerhouse with a European advantage.”
Oppenheimer upgrades Blackstone to outperform from perform
Oppenheimer says the stock is “very attractive.”
“We are upgrading BX to Outperform (from Perform) with a target of $154 because even on the lowered target multiple, the stock is now very attractive.”
Morgan Stanley upgrades Bilibili to overweight from equal weight
Morgan Stanley says it sees “AI tailwinds.”
“We see emerging value in Bilibili stock with better game pipeline visibility, sustained AI adoption tailwinds and a stronger valuation after the recent pullback. We upgrade to OW.”
Jefferies initiates Credo Technology as buy
Jefferies says the semiconductor company is a “premium” growth name.
“Initiating coverage of Credo Technology Group Holding (CRDO) with a BUY rating and PT of $175 based on 23x our C28 EPS of $7.60.”
KeyBanc upgrades T-Mobile to overweight from sector weight
Key says the stock is cheap.
“We are upgrading T-Mobile to OW. We see: 1) an accelerating organic EBITDA growth with upside levers; 2) an advantageous network position driving a competitive advantage for FWA/Mobile [fixed wireless access] share gains; and 3) a balance sheet positioning for optimal optionality.”
TD Cowen upgrades Tempus AI to buy from hold
TD Cowen says it sees improving fundamentals.
“We upgrade TEM to Buy from Hold, PT $65, after the stock declined >50% in the last 6 months while fundamentals have strengthened.”
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