Top Calls on Wall Street: Nvidia, Tesla, SpaceX, RKLB, MP & More

Tiger Newspress07-09 23:31

Here are the biggest calls on Wall Street on Monday:

TD Cowen Analyst Highlights NVIDIA's Broader Technology Application and Investment Merit

TD Cowen has indicated that the practical application scope of NVIDIA's technology ecosystem is far more extensive than the current market perception, representing high allocation value and deserving inclusion in investor portfolios.

The firm has assigned a Buy rating to this computing powerhouse, listing it as a top pick with a price target of $275, implying a 35% upside from Wednesday's closing price.

Tesla price target raised to $442 from $364 at UBS

UBS raised the firm’s price target on Tesla to $442 from $364 and keeps a Neutral rating on the shares.

SpaceX's 'Unparalleled' Assets Enable Multiple Drivers of Long-Term Upside, UBS Says

SpaceX has an "unparalleled" set of assets with multiple drivers of upside for long-term investors willing to tolerate risk, UBS said in a Tuesday note initiating coverage of the company's stock.
The company's advanced heavy-lift, reusable rocket Starship is the foundational technology that creates opportunities in launch, communications and AI computing power, with a total addressable market of almost $30 trillion, UBS said.

Rocket Lab's Stock Could Surge 250% as the Company Takes a Page Out of Spacex's Book, Analyst Says

Morgan Stanley analysts raised their bull-case target price for the company's stock to $293 from $185, noting that Rocket Lab USA, Inc. is increasingly resembling a miniature SpaceX.
Analysts led by Kristine Liwag pointed to Rocket Lab's push to diversify beyond launching rockets, opening up lucrative new opportunities.

Goldman Sachs Remains a Buy on MP Materials (MP)

Goldman Sachs analyst Brian K. Lee maintained a Buy rating on MP Materials yesterday and set a price target of $70.00.

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