Top Calls on Wall Street: SpaceX, Apple, Intel, Palantir, Broadcom, CoreWeave and More

Tiger Newspress10-27 23:30

Here are Tuesday’s biggest calls on wall street

Goldman Sachs Reiterates Apple as Buy, Raises Price Target to $390

Goldman Sachs maintained its Buy rating on Apple (AAPL) and raised its price target to $390 from $360.

The firm noted that memory and component cost inflation and supply constraints remain near-term headwinds. However, recent price increases across iPhone, Mac, and iPad products could support revenue and partially offset cost pressures into the December quarter.

Bank of America Reiterates SpaceX as Buy

Bank of America added SpaceX (SPCX) to its US 1 List of top investment picks, reflecting its bullish view on the company.

Rosenblatt Reiterates Palantir as Buy, Raises Price Target to $260

Rosenblatt maintained its Buy rating on Palantir (PLTR) and raised its price target to $260 from $225 ahead of the company’s November earnings report.

The new target reflects an updated valuation period and remains based on 60x forward earnings.

StoneX Reiterates Intel as Buy Ahead of Earnings

StoneX maintained its Buy rating on Intel (INTC) and its $140 price target ahead of the company’s October 29 earnings report.

The firm remains bullish heading into the results.

DA Davidson Upgrades Broadcom to Buy from Neutral

DA Davidson is bullish on Broadcom’s (AVGO) relationship with Anthropic.

The firm believes Anthropic’s IPO will proceed and provide the company with additional capital, followed by a potential OpenAI IPO next year. These developments could help Broadcom meet its growth expectations over the next several years.

Bernstein Reiterates CoreWeave as Underperform, Raises Price Target to $54

Bernstein maintained its Underperform rating on CoreWeave (CRWV) but raised its price target to $54 from $51.

The firm said the stock has declined since October 14, largely amid concerns about funding and shifting sentiment toward AI investments. Bernstein noted that CoreWeave tends to experience amplified moves as market sentiment changes.

Citigroup Upgrades MercadoLibre to Buy from Neutral

Citigroup upgraded MercadoLibre (MELI) to Buy from Neutral, saying recent share-price weakness has created an attractive entry point.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.