Here are the biggest calls on Wall Street This Week:
Bank of America reiterates Tesla as buy
Bank of America said it’s sticking with the stock following Wednesday’s earnings.
“We rate Tesla shares Buy as we view the company as the current leader in consumer autonomy and expect it to quickly become a leader in robotaxi services.
TD Cowen reiterates Nvidia as buy
TD Cowen said it’s sticking with Nvidia despite Google’s Wednesday unveiling of competing AI training and inference chips.
“That said, we continue to view NVIDIA as the market leader in terms of performance and breadth of software ecosystem as evidenced by its own announcements with Google at the event...”
TD Cowen reiterates Apple as buy
TD Cowen said it’s bullish ahead of Apple earnings next week.
“AAPL stock sentiment is positive ahead of results given healthy iPhone 17 adoption, smartphone market share gains despite memory supply dynamics, and optimism around the new AI Siri.”
Bank of America reiterates Alphabet as buy
The firm said it’s best positioned ahead of earnings next week.
“We see Alphabet as well positioned long term with leading AI technology to apply to search, YouTube, and Cloud businesses.”
Bernstein reiterates Amazon as buy
Bernstein raised its price target on Amazon to $300 per share from $265.
“The setup going into earnings is pretty straightforward and consistent for the group at large → (1) beat on core revenue targets, (2) deliver accelerating AI revenue growth, (3) leave CapEx unchanged for 2026...”
Citi upgrades Intel to buy from neutral
Citi upgraded the stock following earnings on Thursday.
“We upgrade Intel to Buy from Neutral on improving agentic AI driven CPU demand which should lift all the CPU suppliers’ sales in the coming years.”
DA Davidson upgrades Advanced Micro Devices to buy from neutral
DA said it’s bullish ahead of earnings on May 5.
“We are upgrading shares of AMD to BUY from Neutral and raising our price target to $375 from $220 based on a structural increase in CPU demand on top of much improved visibility into AMD’s role in the great data center buildout.”
Wolfe reiterates Netflix as outperform
Wolfe said user engagement fears are overdone.
“Investors often fret about Netflix’s attention share losses to YouTube, Meta, and TikTok, but the data show that Netflix’s core engagement trends are positive. Further, Netflix sells a highly differentiated product whose value is indirectly tied to raw engagement. That said, more is better.”
Bank of America upgrades Texas Instruments to buy from neutral
Bank of America upgraded the stock following earnings.
“Texas Instruments’ (TXN) solid Q1 report and Q2 guide increases our confidence in TXN’s ability to: 1) Benefit from industrial resurgence, including in aero/defense, 2) Take advantage in data-center build, 3) Leverage the last 3 years of capex in US-fabs to potentially gain share in an “everything-is-constrained” chip environment.”
Wedbush initiates Oracle as outperform
Wedbush said the “market is fundamentally misinterpreting the company’s aggressive, contract-backed investment cycle as speculative risk.”
“We are initiating coverage on Oracle with an OUTPERFORM rating and a $225 price target.”
JPMorgan initiates Hims & Hers as overweight
JPMorgan said it sees room for growth.
“We’re initiating coverage of HIMS with an Overweight rating and $35 December 2026 price target.”
Deutsche Bank downgrades Comcast to hold from buy
Deutsche said the broadband environment remains too challenging right now for Comcast.
“We are moving to a Hold rating (from Buy) and lowering our price target to $34, from $35, driven by our lower 2027+ EBITDA and FCF estimates.”
UBS reiterates Berkshire Hathaway as buy
UBS raised its price target on the stock to $581 per share from $578.
“With BRK shares now trading at an even greater discount to their intrinsic value since the announcement, we believe the company’s level of activity in executing additional share repurchases will be a critical factor influencing investor sentiment.”
HSBC initiates Oklo as buy
HSBC said the nuclear company is firing on all cylinders.
“Oklo is accelerating the integration of power, fuels and isotopes production, with the company pioneering an “owner-operator” model for its next-gen small modular reactors (SMRs).”
Bank of America reiterates IBM as buy
Bank of America said it sees plenty of positives following the company’s earnings report on Wednesday.
“We view IBM as a defensive investment given its high exposure to recurring sales, cost cutting levers, solid balance sheet, potential share gains, and relatively stable margins.”
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