Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting Club
PRO
LivestreamMenuHere are Monday’s biggest calls on Wall Street: Jefferies reiterates Tesla as hold Jefferies raised its price target o n Tesla t o $400 per share from $375. “We raise Q2 EBIT to $1.45bn (5.1% margin), outer years’ EBIT by ~ 6% and PT to $400.” JPMorgan upgrades American Express to overweight from neutral The firm said the stock is defensive. “While AXP trades at a slight premium to the group, we believe that premium is warranted given the defensive nature of its revenues. AXP’s affluent, high-income customer base is relatively shielded from the Middle East crisis and the associated energy squeeze, as these consumers spend a far smaller share of disposable income on fuel.” Read more. JPMorgan initiates Kardigan as overweight JPMorgan said the biotech company has a wide pipeline of assets. “We are initiating coverage o n Kardigan (KARD) with an Overweight rating and a December 2027 price target of $51.” Morgan Stanley upgrades Keysight Technologies to overweight from equal weight Morgan Stanley said the company is well positioned for AI. “Upgrade to Overweight as broadening of AI network architectures expand s KEYS opportunity set.” Jefferies upgrades Deckers to buy from hold Jefferies said investors should buy any weakness in Deckers. “We esp. like HOKA’s segmentation across more performance and into lifestyle, where it can levg. learnings from UGG. While HOKA is key debate, UGG should also be more durable than mkt expects, and we are biased to OM% [operating margin] upside over time esp. as oil prices normalize. 13% of mkt cap in cash supports downside.” Read more. Wells Fargo initiates Atmos Energy as overweight Wells said it sees a compelling entry point. “We initiate ATO at OW. We see ATO a s low-vol exposure to TX infrastructure growth.” Wells Fargo initiates MDU Resources as overweight Wells said the company is a “solid regulated growth story.” “We are initiating MDU at OW. MDU h as given back outperformance YTD vs. UTY, while clean business mix, organic growth, datacenter deals, and room for ROE improvement support high quality base plan.” Jefferies upgrades Shopify to buy from hold Jefferies said it sees several near-term tailwinds. “We already had a positive bias toward SHOP – – fundamentals have been robust and agentic commerce should be a LT positive.” HBSC upgrades Capital One to buy from hold HSBC said shares are attractive at current levels. ” Upgrade Capital One to Buy – underperformance now looks overly discounted.” Morgan Stanley reiterates SpaceX as overweight Morgan Stanley added the stock to its Space 60 list. “The Space 60 is a diversified list of publicly-traded enablers across the space value chain, from raw materials to launch and satellite operators. We add SpaceX, as its most vertically integrated, and now largest, constituent. Also adding HawkEye 360, Applied Aerospace, and Satellogic.” Oppenheimer reiterates Netflix as outperform The firm lowered its price target on Netflix. “Lowering target to $100 (was $120), but reiterating Outperform as historically low P/E already reflects near-term revenue headwind from lower ad monetization & plan mix. Concern over weaker viewership also overblown.” Citi reiterates Apple as buy Citi raised its price target to $365 per share from $315. “We remain constructive on Apple shares and expect the company to continue gaining market share despite a slowing devices end market.” Goldman Sachs upgrades Nio to buy from neutral Goldman says it sees volume growth. “We upgrade Nio to Buy with 12-month DCF-based target prices of US$7.0/HK$55, implying 46%/42% upside potential. Among our coverage, we expect Nio t o not only deliver one of the fastest volume growth, but also a premium margin profile and strong profit/FCF turn-around in 2026E.” Rothschild & Co Redburn initiates Fastenal as buy Rothschild says the company is a “best in class operator.” ” Fastenal (New, Buy) provides the clearest evidence of a transition underway across the High-Service Distributors.” Mizuho reiterates Nvidia as outperform Mizuho said it’s sticking with the stock. “We see NVDA r emaining the leader in the AI training and inference chips for Data Center applications (we estimate > 75% share today).” UBS upgrades Solstice Advanced Materials to buy from neutral UBS said the buy the dip in the specialty materials company. ” SOLS s ell off is a buying opportunity that could work out in multiple scenarios.” Truist upgrades Biogen to buy from hold Truist said in its upgrade of the stock that it’s bullish on the company’s Alzheimer’s therapy, Tau. “BIIB – U pgrade to BUY with $235 PT; Bullish On Tau & Adding Pipeline Value to Model As Key De-Risking Data Readouts Near.” KeyBanc initiates SiteOne as overweight Key said the landscape company is an industry leader. “We are launching coverage of SiteOne (SITE) with an Overweight Rating and $145 PT.” Needham initiates Park Aerospace as buy Needham said the company is a “a leading supplier of advanced composite materials for the aerospace and defense markets.” “We are initiating coverage of PKE with a Buy Rating and $43 target price..” Jefferies upgrades BeOne to buy from hold Jefferies said the biotech company is “impressive.” ” ONC is a high-quality hematology story…” Piper Sandler initiates Equillium as overweight Piper said the biotech company is undervalued. “We are initiating coverage on Equillium, Inc. (EQ) with an OW rating and $20 PT…” Citi initiates Bel Fuse as buy Citi said the niche connector company is reinventing itself. “We initiate coverage of Bel Fuse ( class B) with a Buy rating and $325 target price…” Goldman Sachs initiates Praxis Precision Medicines as buy Goldman said the biotech company is very attractive. “We initiate coverage of Praxis Precision Medicines ( PRAX) with a Buy rating and a 12-month price target of $447.” Goldman Sachs initiates Stok Therapeutics as buy Goldman said the company has “blockbuster potential.” “We initiate coverage of Stoke Therapeutics (STOK) with a Buy rating and a 12-month price target of $44.” Bank of America upgrades Saia to buy from neutral Bank of America said it sees an “attractive opportunity” for the shipper. “We raise our rating on SAIA’s shares to Buy from Neutral as we see increasingly constructive demand signals from our BofA Truck Shipper Survey idiosyncratic service/productivity/yield improvement opportunity, and an attractive valuation vs peers.” Bank of America downgrades Papa John’s to underperform from neutral The firm said it sees too many negative catalysts for Papa John’s . “While former CFO Ravi Thanawala’s departure for AEO will allow him to return to his previous industry, we think it’s unlikely he would have left his post after less than three years if he believed a sharp turnaround were imminent.” Guggenheim initiates BrightSpring as buy The home healthcare company has plenty of upside, according to the firm. “We are initiating coverage of BrightSpring Health Services, Inc . (BTSG) with a Buy rating and $81 price target.” Benchmark initiates Disney as buy Benchmark said Disney has a “powerful” platform. “We initiate coverage of The Walt Disney Company ( NYSE: DIS) with a Buy rating and $115 PT, based on applying a 17x multiple to our FY26 AEPS estimate.” Loop downgrades Best Buy to hold from buy The firm downgraded the stock on valuation. “We are downgrading the shares of Best Buy t o a Hold from a Buy rating while maintaining our $82 price target.” Wells Fargo upgrades Humana to overweight from equal weight Wells said it sees decreasing risk. “While we entered 2026 concerned about HUM’s MA [medicare advantage] underwriting and membership growth, we now believe that moderating cost trend has significantly decreased earnings risk.” Benchmark initiates Deep Fission as buy Benchmark said the SMR company has plenty of upside. “We are initiating coverage of Deep Fission with a BUY and $20 PT . Deep Fission is developing a small modular reactor (SMR), the Gravity Reactor, based on pressurized water technology that provides significant cost and other advantages versus traditional water reactors.”Read More
About The Author
