Top Calls on Wall Street: Nvidia, Intel, Tesla, Apple, SpaceX, UiPath, Airbnb & More

Here are the biggest calls on Wall Street on Tuesday:

Raymond James reiterates Nvidia as strong buy. The firm says its Asia checks show robust demand

“Nothing in our checks challenged our constructive AI-demand view. GPU racks remain the large majority of AI-system revenue at major manufacturers, while suppliers continue expanding capacity around NVIDIA platforms.”

Northland upgrades Intel to outperform from market perform. Northland says the company is finally in the midst of a turnaround

“Intel has made material progress turning around the business. There is also a shortage of server CPUs benefiting the Company.”

Deutsche Bank reiterates Tesla as buy. Deutsche says Tesla’s cybercab event gave it even more confidence

“Coming out of the Cybercab event last week, we acquire more confidence on the hardware side as the vehicle itself appears ready for public deployment, incorporating various novel design/engineering decisions.”

Bank of America reiterates Apple as buy. Bank of America says it’s bullish ahead of Apple’s iPhone event on Wednesday

“Apple has scheduled its ‘Surprise and shine’ event for Wednesday Sep 9th at 1PM ET. In our opinion, the key investor focus will be: 1) Apple’s first foldable iPhone, 2) potentially meaningful price increases across the Pro line, and 3) the decision to shift the lower-priced iPhone 18 models to spring 2027.”

Pivotal initiates SpaceX at buy. Pivotal says the stock has plenty more room to run

“A successful investment case in SpaceX at the current ~$2 trillion EV rests almost entirely on a single admittedly massive engineering bottleneck: Starship reusability.”

Citigroup initiates UiPath as buy. Citi sees “longer-term reacceleration” for the software company

“We initiate coverage on UiPath with a Buy/HR rating and $23 target price as we believe the company is evolving from a RPA [Robotic Process Automation] into a control plane for enterprise AI.”

Raymond James upgrades Airbnb to outperform from market perform. The firm sees double digit growth

“We upgrade Airbnb to Outperform, as our eight-part deep dive leaves us more convinced in the durability of low-double-digit night growth with a bull case pointing to low-teens potential.”

UBS upgrades Lockheed Martin to buy from neutral. UBS says it sees earnings growth

“We upgrade LMT to Buy from Neutral, with 26% upside to our 12mo $674 price target (prior $581).”