Here are Tuesday’s biggest calls on Wall Street:
UBS initiates TechnipFMC as buy
UBS said the company has plenty of upside.
“We initiate FTI at a Buy Rating. FTI is the leading provider of integrated subsea production systems and services, and holds > 50% of the world’s installed base of subsea equipment on the seafloor.”
Benchmark initiates SoFi as buy
Benchmark said it sees “operating momentum.”
“We are initiating coverage of SoFi Technologies, Inc. (SOFI) with a Buy rating and a price target of $25.”
Barclays initiates Linde as overweight
Barclays said it sees improving growth.
“We initiate on Linde (LIN) with an Overweight rating. We expect LIN’s volume growth to pick up to 2-4% in ’26-‘28 from roughly flat during ‘22-‘25.”
Rothschild & Co Redburn initiates MiniMed as buy
The firm said the insulin pump company has a competitive advantage.
“MiniMed’s reputation within the diabetes market, once a hindrance, has become an advantage in a more competitive pump market.”
KeyBanc upgrades American Power to overweight from equal weight
KeyBanc said it sees EPS growth for the utility.
“Going into 3Q, we maintain our existing OW ratings and upgrade AEP to OW.”
Gordon Haskett upgrades Ollie’s to buy from hold
The firm said it came away impressed after an Ollie’s store tour with management.
“We came from the store tour with: (1) our optimism on the long-term prospects for the business reaffirmed as the company continues to carve out a unique niche within the closeout retail landscape . . . while also (2) gaining insight on some of the transitory pressures that have led to recent SSS underperformance ...”
Barclays upgrades Viking Holdings to overweight from equal weight
Barclays said the stock has a compelling risk/reward.
“Longer term, VIK’s competitive moat likely emerges deeper than ever before. Upgrading to OW, and raising PT to $102 on compelling risk/reward.”
UBS initiates Orion180 Insurance as buy
UBS said it sees a growth opportunity.
“We believe Orion180 offers an attractive combination of high revenue growth, large addressable market, scalable platform and attractive fee economics.”
Barclays upgrades NatWest to overweight from equal weight
Barclays said the UK banking company has earnings upside.
“We upgrade NatWest to OW, seeing scope for EPS upside from higher rates, continued growth and Evelyn over time. Deposit/funding costs a partial offset but NatWest well placed.”
Piper Sandler upgrades VF Corp to overweight from neutral
Piper said the owner of brands like Vans is at an inflection point.
“We upgrade VFC to Overweight and raise PT to $20--the key debate on the stock still centers on Vans turnaround, and per our Fall Teen Survey.”
Citi upgrades Galaxy to buy from neutral
Citi said shares are “compelling.”
“GLXY: Upgrade to Buy/HR and raise TP from $26 to $28 – We now view the risk/reward as compelling.”
Deutsche Bank initiates Wintrust Financial as buy
Deutsche said the regional bank has “high quality growth.”
“We initiate coverage on Wintrust Financial (ticker WTFC; market cap of ~$10b and total assets of ~$75b, loans of ~$56b and deposits of ~$61b), with a BUY rating and TP of $175.”
Barclays initiates MSC Industrial as overweight
Barclays said the industrial company is in the midst of a turnaround.
“We initiate coverage of MSC Industrial (MSM) with an Overweight rating and a $152 price target.”
Mizuho upgrades Rexford Industrial to outperform from neutral
The firm said it sees “idiosyncratic factors.”
“Why upgrade REXR and why now? REXR has materially outperformed the subgroup recently (14pp last three months), but the stock still trades at a sizable 6x discount to peers.”
Canaccord upgrades BCE to buy from hold
The firm upgraded the stock of the Canadian telecom company following investor meetings.
“We hosted a number of investor meetings with Bell Canada management. ... Factoring in the above, as well as the recent sell-off driven by rising rates and the 5.5% decline on Friday related to satellite fears, we have opted to opportunistically upgrade the stock to BUY from Hold.”
Truist reiterates Meta as buy
Truist raised its price target on Meta.
“We’re raising our PT to $1,000 from $763 as we roll over our DCF-derived valuation to YE FY27 from YE FY26 and raise our out year ests to reflect Muse’s expected contribution, offset by higher Capex.”
TD Cowen initiates Electra Therapeutics as buy
TD Cowen said the biotech company has plenty of upside.
“Electra Therapeutics is a late-stage biotech developing SIRP-targeted antibodies to eliminate disease-driving immune cells while preserving broader immune function.”
Bernstein downgrades AT&T to market perform from outperform
Bernstein said it’s concerned about Starlink.
“AT&T downgrade does not reflect a meaningful change to our estimates. Rather, it reflects what we believe will be a prolonged investor debate around Starlink’s impact and the likelihood of Starlink’s pricing action as its BB [broadband] capacity expands.”
KeyBanc reiterates Netflix as overweight
KeyBanc lowered its price target on Netflix to $85 per share from $92.
“We believe management is aware of these issues, and expect to see corrective action taken across content investment and expense realignment to bolster growth and earnings, and deliver value. We maintain our OW rating but lower our PT to $85.”
Bank of America reiterates Apple as buy
Bank of America said lead times are normalizing for Apple’s iPhone.
“Our tracking of iPhone ship dates on Apple’s own website, and various carrier websites, indicates that as of Oct 12th, ship time (in days) for both the iPhone 18 Pro and Pro Max are below last year at this point in the pre-order cycle.”
Bank of America reiterates Nvidia as buy
The firm said stocks like Nvidia remain best positioned for AI.
“Top AI beneficiaries include NVDA, MRVL, CRDO, MU, INTC, AMD, AVGO, and LRCX, leveraged to rack-scale compute, networking, memory expansion, and AI infra buildout.”
Ladenburg Thalmann initiates Yeti as buy
Ladenburg said shares of the lifestyle products company have plenty more room to run.
“We are initiating coverage of YETI Holdings, Inc. (NYSE: YETI) with a Buy rating and $52 price target.”
Bank of America downgrades Pershing Square to underperform from neutral
Bank of America said it sees too many negative catalysts.
“PSUS/PSH are underperforming in 2026 after three years of very strong absolute and relative performance.”
Comments