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LivestreamMenuBank of America reiterates CoreWeave as buy Bank of America says it sees a robust margin outlook following CoreWeave e arnings. “Strong quarter with revenue growth of 112% YoY, modestly above Street’s 111%, and operating margin of 5% beat Street estimates by 220bps, attributed to meaningful capacity additions.” Read more. Oppenheimer upgrades Intuitive Surgical to outperform from perform Oppenheimer says the company is “crowding out competitors.” “We are upgrading Intuitive Surgical to an OP rating/$500 PT (was Perform). The change in our thesis is being driven by a more nuanced risk-reward assessment at these levels…” Wells Fargo reiterates Tesla as underweight Wells says its checks show Tesla deliveries trended lower for July. “Of the 5 mkts we track, Jul y TSLA deliveries are trending -15% y/y & -48% m/m. July TSLA deliveries are tracking -15% y/y, below VA consensus’s Q3 forecast of -9%.” JPMorgan upgrades Joyy to overweight from neutral JPMorgan says it sees “sizeable shareholder returns.” “We upgrade JOYY (a global ads and digital entertainment platform) to OW, our PT of $98 implies 31% upside.” Read more. Deutsche Bank upgrades Entegris to buy from hold Deutsche says buy the weakness in the semicap equipment company. “After ~6 months on the sidelines, we are upgrading shares of ENTG to a Buy rating and raising our P/T to $200.” Deutsche Bank upgrades Hilton Worldwide to buy from hold Deutsche Bank says buy the dip. “Post HLT’s ~ 7% decline over the past month, despite forward year adjusted EBITDA estimates remaining stable to modestly higher (~50 bps), we believe investor expectations have largely reset.” Piper Sandler initiates Mercury Systems at overweight Piper says the company has a “robust” business. “We are initiating coverage of Mercury Systems at Overweight. With over 40 years of operations in defense-electronics, Mercury Systems has built a robust business by converting commercial silicon into secure, ruggedized computing for the Defense sector.” Piper Sandler initiates Unusual Machines at overweight Piper says in its initiation of Unusual Machines that the drone company is “attractive.” “While large scaling risks remain, ultimately the company’s hyper focus on the domestic market and early traction with vendors nets an attractive opportunity in our view. Initiating at OW.” Daiwa reiterates SpaceX as neutral The firm lowers its price target to $140 per share from $175. “Some SPCX t argets appear aggressive; we do raise ests, lower TP. Post 2Q, higher revs offset by capital needs, costs, & execution risk. Connectivity remains the earnings engine, though AI is coming up fast.” Goldman Sachs reiterates Dell as buy Goldman raises its price target on Dell Technologies to $510 per share from $500. “While the outperformance creates a more challenging trading setup ahead of earnings, bulls continue to see fundamental upside to industry CPU and GPU server outlook, with opportunities for DELL in particular to gain share in key customer verticals.” Goldman Sachs reiterates Nvidia as buy Goldman says it’s bullish ahead of earnings in late August. “We expect investors to focus on: (1) details of Nvidia’s r ecently announced $500bn financing platform with partners; (2) the shape of the Rubin product ramp in 2H; (3) future gross margin trends; (4) potential upside from agentic AI to CPUs.” Jefferies downgrades Gap to hold from buy The firm says it’s concerned about Old Navy softness at Gap. “We are increasingly concerned about softer trends at Old Navy (data pointing to higher promos & weakening survey metrics). Importantly, 2Q represents the easiest comparison of the year, yet trends have lagged (guided down LSD%, yet we model -4%) and only become tougher in 2H.” Bank of America reiterates Intel as buy Bank of America says it’s bullish on the company’s capital raise. ” Intel (INTC) on Tuesday priced a ~$20bn equity offering, which we estimate results in a ~4-5% EPS dilution on higher share count, but is still a good leading indicator of mgmt’s increasing Foundry conviction.” Mizuho upgrades Idex to outperform from neutral Mizuho sees improving growth for the life sciences and fire safety company. “Our more constructive view reflects increasing evidence that IDEX’s portfolio repositioning toward higher-growth, less-cyclical markets is beginning to translate into stronger organic growth, improved revenue visibility and attractive incremental margins.” Raymond James downgrades On Holdings to outperform from strong buy The firm ees “wholesale headwinds.” “We downgrade On Holding t o Outperform from Strong Buy and our price target to $38 from $52 after the 2Q26 revenue miss and guide down. While we remain constructive on the stock, pressure at North America Wholesale and low visibility around the magnitude and durability of stronger growth limits our confidence in near-term upside.” Citizens upgrades Okta to market outperform from market perform Citizens sees several positive catalysts ahead of earnings. “Heading into C2Q26 July quarter earnings, we are upgrading Okta t o Market Outperform from Market Perform on the following catalysts: identity continues to be viewed as the most strategically important layer in AI security based on our industry discussions…”Read More
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