Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting Club
PRO
LivestreamMenuHere are the biggest calls on Wall Street on Wednesday: UBS upgrades Weatherford to buy from neutral UBS says buy the dip in the oil field services company. “We upgrade WFRD from Neutral to Buy with a $114 PT.” Gordon Haskett upgrades BJ’s Wholesale to buy from hold The firm says BJ’s Wholesale could see same-store sales upside. “Our upgrade is predicated on the following key factors: (1) easing concerns on the entry to the Texas market as initial reads have been more constructive; (2) beatable FY26 SSS guidance on the two-year stacks…” KeyBanc initiates Reddit as overweight KeyBanc says it sees robust revenue growth. “We are initiating coverage on RDDT with an Overweight rating and $225 PT. In our view, Reddit’s investments in community and ad monetization should create a durable > 30% annual revenue growth business with a path to 50% EBITDA margin.” Read more. Mizuho upgrades Lineage to outperform from neutral Mizuho said in its upgrade of Lineage that its views on the storage company are “thawing.” “We have been bearish on cold storage fundamentals the last two years, but our views are now tactically thawing. Our new PT of $47 (prior $40) …” Citizens upgrades UWM Holdings to market outperform from market perform Citizens says buy the dip in the mortgage company. “we take this opportunity to upgrade shares of UWM Holdings Corp. ( UWMC), the parent company of United Wholesale Mortgage, to Market Outperform with a $3.00 price target from Market Perform.” Goldman Sachs upgrades Steel Dynamics to buy from neutral Goldman reinstated and upgraded the stock and said it sees “favorable commodity price tailwinds.” “We are reinstating coverage of STLD with a Buy rating and a $300 12-month price target.” Citi reiterates Disney as buy Citi lowered its price target to $135 per share from $145 ahead of Disney earnings. “During F3Q26 earnings, we expect investors to focus on five items: 1) Potential changes to the firm’s double-digital Adj EPS growth for FY26, 2) Domestic Experiences attendance trends, 3) Potential long-term Experiences EBIT targets to align with recent capex investments…” Evercore ISI reiterates Apple as outperform Evercore says it’s bullish ahead of earnings on Thursday. “AAPL reports June-qtr EPS after the close this week on July 30. We expect upside to consensus revs/EPS of $109.0B/$1.89, with our checks pointing to continued hardware strength throughout the June-qtr, though key items to watch remain incremental memory-cost pressure and softer App Store revs.” Citi upgrades Ford to buy from neutral Citi says it sees a “momentum shift” following earnings. ” Ford’s stock has been out of favor on the street, currently there are only 3 Buy ratings among the 18 analysts that cover the stock compared with 15 Buys for GM of the 22 firms with coverage. We believe the momentum is turning.” Baird downgrades Caterpillar to neutral from outperform Baird says it thinks Caterpillar will be hurt by local data center restrictions. “The ground is shifting in many ways; the recent New York State moratorium on data center construction is the highest-profile example of a bigger (and growing) trend towards regulatory action at state and local level targeting data centers. This raises costs, adds new development approval hurdles, limits site availability, and likely slows future investment.” JPMorgan upgrades CarMax to neutral from underperform JPMorgan says the industry backdrop is improving for CarMax. “Move to Neutral from Underweight as above seasonal sales trajectory and stronger than expected price elasticity likely to drive upside revisions and support multiple near-term, with further support until post-2Q investor day.” Roth initiates 908 Devices as buy Roth says the chemical detection company has plenty of upside. “We initiate coverage of MASS with a Buy rating and $11 PT. We view MASS as a high-quality, pure-play handheld chemical detection company that provides exposure to attractive health, safety, and defense-tech growth markets.” Morgan Stanley upgrades Cheesecake Factory to equal weight from underweight The firm upgraded the stock following earnings. “Cheesecake comps well ahead and impressive in historical context. We are upgrading to EW – we view the multiple as stretched here and prefer other casual diners, but SSS remain strong, we don’t see risk to near term numbers, and thus stop defending our UW call.” Loop upgrades Manhattan Associates to buy from hold Loop says it sees “improved execution” for the software company. “We are upgrading MANH t o Buy from Hold with a $215 price target.” Wells Fargo reiterates Snowflake as overweight Wells Fargo raised its price target on the stock to $500 per share from $320. “The game has changed. AI agents are accelerating spend higher on SNOW, and investors underappreciate upside potential as AI becomes the primary driver of growth. SNOW is a near-term AI beneficiary without capex requirements or model dependence.” Read more. Morgan Stanley reiterates SpaceX as overweight The firm says it sees a “window” opening for long term investors ahead of earnings next week. “Revenues, EBITDA, Starlink subs, ARPU, AI pricing, Cursor ARR, FY capex guide … all of these matter. But with SPCX shares down nearly 50% from its highs and nearly 20% below IPO price investors are far more focused on the short term technical overhang. A window has opened for longer term investors.” Truist reiterates Nvidia, Advanced Micro Devices and Broadcom as buy Truist says investors should buy all three stocks right now. “What to buy varies with risk appetite and duration. For investors with longer duration and higher risk tolerance, we continue to advocate buying the core AI suppliers including Buy-rated NVIDIA (NVDA), AMD (AMD), Broadcom (AVGO).”Read More
About The Author
