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Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenuHere are Monday’s biggest calls on Wall Street. Evercore ISI reiterates Netflix as outperform Evercore raised its price target on Netflix. “We reiterate our Outperform rating and raise our PT from $100 to $110 (~45% upside to the current $76) as we roll our valuation framework forward to 2028 (25x our ’28 EPS) and following our detailed U.S. and Japan survey work.” JPMorgan reiterates Apple as overweight The firm said its checks show Apple’s i Phone 18 deliveries are tracking ” lower than the iPhone 17 Series during Week 1.” “In tracking delivery lead-times across key markets, including US, China, Germany and UK as an indicator of demand, while it is still very early, trends across the two variants currently open for pre-order are tracking lower than the iPhone 17 Series during Week 1 (e.g., Pre-Order Week).” UBS upgrades Allegiant to buy from neutral UBS said it sees “significant eps growth” over the next few years. “We upgrade ALGT to Buy from Neutral as we believe the market is not appropriately pricing in the long-term earnings power of the combined Allegiant-Sun Country entity.” Bernstein reiterates Nvidia and Broadcom as outperform Bernstein said buy any weakness in both stocks. “We remain positive on the prospects for (hopefully safer?) AI buildouts from here. NVDA, AVGO, and semicap remain our preferred plays in the space.” Baird names Valvoline a fresh pick Baird said buy the dip. “We are designating Valvoline as a Fresh Pick following a 25% pullback (and highlighting for investors who do not consider oil supply permanently impaired).” Melius downgrades GE Aerospace and Honeywell Aerospace to hold from buy Melius said it thinks the “the rate of change will be negative from here.” “We are downgrading GE Aerospace , Honeywell Aerospace, Woodward, TransDigm, and Heico to Hold from Buy and taking down our target prices and estimates.” JPMorgan upgrades Iren to overweight from underweight JPMorgan said it likes the company’s partnership with Nvidia. “We are upgrading IREN to Overweight. We see IREN establishing itself as a top tier neocloud provider, backed by its strategic partnership with NVIDIA.” Wolfe upgrades Affirm to outperform from peer perform Wolfe said it sees a compelling risk/reward. “With AFRM shares having underperformed since the strong F4Q print, we view valuation as more compelling and continue to view AFRM as a structural winner with key growth drivers and proven execution. Upgrade from Peer Perform to Outperform.” Read more. Berenberg initiates On Holding as buy Berenberg said the company is best-in-class. “On Holding (On) is a co-founder-led Swiss sportswear brand whose best-in class innovation powers double-digit growth and luxury-like gross margins.” Rothschild & Co Redburn upgrades Chime Financial to buy from neutral The firm said the company is “hitting its stride.” “We upgrade Chime to Buy from Neutral. Chime Prime and the Stride acquisition are enabling Chime to access far larger, and more valuable, TAMs.” Bank of America initiates Lyntris as outperform The firm said Lyntris has “strong upside opportunities.” ” LYNX is a provider of sense-to-act connectivity systems supporting US and allied defense programs.” Baird downgrades Nike and Dick’s to neutral from outperform Baird downgraded a slew of apparel companies and says it sees “rising risks.” “Downgrading adidas, DKS, NKE, RCKY, VFC to Neutral; adding Bearish Fresh Picks for UAA, GOOS through mid-November.” UBS upgrades Zions Bancorporation to buy from neutral UBS said the regional bank is best positioned for a Fed hike. “Higher rates add to an already underappreciated NII outlook, as ZION has one of clearest paths to positive operating leverage in FY27. We expect EPS revisions to drive shares higher, with additional upside if the current valuation discount narrows.” Wolfe downgrades Charter to underperform from peer perform Wolfe said it sees sales forecasts below consensus. “We downgrade CHTR to Underperform, realigning our only pure-play cable stock rating with our below consensus sales forecasts.” Loop initiates James Hardie as buy Loop said it sees “healthy” margin expansion. “We are initiating coverage on JHX with a BUY rating and $35 PT since FY27 results are coming in above prior expectations driven by material conversion share gains and benefits from last year’s AZEK acquisition.” KeyBanc initiates Freshworks as overweight Key said the company has plenty more room to run. “We are initiating coverage of Freshworks with an Overweight rating and an $18 price target.” UBS reiterates General Motors as buy UBS raised its price target to $114 per share from $102. ” GM’s digital capabilities are an underappreciated and undervalued opportunity. Digital creates a recurring, less cyclical, higher margin revenue stream that is deserving of a multiple higher than ‘core’ GM.” Stifel initiates Korsana Biosciences as buy Stifel said the biosciences company has plenty more room to run. “We are initiating coverage of KRSA with a Buy rating and a $43 target price.” StoneX upgrades Ceva to buy from hold StoneX said buy the dip. “Following a recent sell-off in share price, and based on catalysts ahead, we see a favorable risk/reward set-up for CEVA shares.” Citi opens a positive catalyst watch on Caterpillar Citi said the stock is undervalued. “We are initiating a positive catalyst watch on CAT shares following the time we spent at the Asset Valuation Summit (9/10). While the overall construction environment remains a relatively mixed bag, we think the CE [construction equipment] landscape is increasingly conducive to momentum in CAT’s CI business.” Needham initiates GSI Technology as buy The firm said GSI has a differentiated offering. “We are initiating coverage of GSIT with a Buy and $9 PT. The company is transitioning from its heritage in SRAM memory solutions towards a proprietary, internally developed Associative Processor Unit (APU) for edge AI applications with a leading power to performance advantage.” Morgan Stanley reiterates SpaceX as overweight Morgan Stanley said the company is too attractive to ignore. “We see an attractive entry point to get access to SPCX at a discount…” Citizens initiates Fox and Paramount Skydance as market outperform Citizens said both media companies have plenty of upside. “Fox took a differentiated path early, largely avoiding the scripted content streaming wars to focus on the more durable live news and sports market, while its acquisition of Roku adds one of the highest-quality digital distribution engines in the market. Paramount is taking a different approach through its acquisition of WBD, betting that scaled, best-in-class IP and content can create a must have global streaming destination. Compass Point upgrades Bullish to buy from neutral The firm said the digital assets company is well positioned. “We believe BLSH is the best way to play the tokenization theme, where BLSH is among the few public companies that can monetize this trend.”Read More