Here are the biggest calls on Wall Street This Week:
Wedbush reiterates Nvidia as Outperform
Wedbush says it’s sticking with Nvidia following a series of meetings with management.
“NVIDIA noted that it believes the amount that it is investing into OpenAI and Anthropic is just a tiny fraction of what their overall compute needs are going to be.”
Evercore ISI reiterates Apple as Outperform
The firm raised its price target on Apple to $380 per share from $365.
“It’s worth noting that our survey is US specific and does not reflect international trends. That said, demand appears modestly ahead of last year and could support another leg of iPhone growth following an already strong upgrade cycle.”
Morgan Stanley reiterates Meta, Alphabet and Apple as Overweight
Morgan Stanley says all three companies are best positioned for agentic AI.
“We see scaled distribution and large unique data sets as being critical to personalized agentic offerings and adoption, and continue to believe leading tech platforms like Meta Platforms, Inc., Alphabet, and AAPL are among the best positioned.”
Wolfe reiterates Tesla as Peer Perform
Wolfe said the setup for Tesla Motors is looking better for 2027 but is sticking with its Peer Perform rating.
“Tesla – progress on key AI / Autonomy initiatives remains the key driver of the stock, with an increasingly attractive setup into 2027.”
Morgan Stanley reiterates SpaceX as Overweight
The firm said the stock has “defensive” attributes.
“We reiterate our OW on SpaceX’s potential to drive improvement in intelligence-per-watt-per-dollar-per-second.”
Morgan Stanley reiterates Microsoft as Overweight
Morgan Stanley said it sees a compelling risk/reward.
“Microsoft increased its quarterly dividend by 7 cents or 8% to $0.98 per share. $3.92 annualized dividend implies a 0.78% yield, up from 0.7% prior. Combined with high-teens EPS growth, this supports a durable high-teens total return profile at MSFT, framing an attractive risk/reward.”
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