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Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenuHere are the biggest calls on Wall Street on Tuesday: DA Davidson upgrades Broadcom to buy from neutral Davidson is bullish on the company’s relationship with Anthropic. “Our reading of the Anthropic S1 leads us to believe the IPO will proceed, Anthropic will raise its capital, and next year OpenAI will raise more capital in its own IPO, allowing Broadcom to meet its expectations for the next couple of years.” Loop initiates Trimble at buy Loop says the hardware and software company’s transformation is underway. “At roughly 3.5x EV/revenue and 11.5x EV/EBITDA, however, we think the stock seems quite inexpensive for a highly profitable business delivering high- single- to low-double-digit growth, and believe the recent pullback offers an attractive entry point. In our view, there is still considerable runway remaining in Trimble’s business transformation.” Goldman Sachs reiterates Apple as buy Goldman raised its price target to $390 per share from $360. “While memory/component inflation and supply constraints remain near-term headwinds, recent price increases across iPhone, Mac and iPad should increasingly support revenue and partially mitigate cost pressure as AAPL realizes a fuller pricing benefit into the December quarter.” Stephens initiates Mama’s Creations at overweight Stephens says shares in the maker of prepared deli foods have more room to run. “We are initiating coverage on Mama’s Creations with an Overweight rating and $19 PT.” RBC initiates Ermenegildo Zegna at outperform RBC says shares of the luxury clothing company are attractive. ” Zegna offers a rare combination of attractive revenue growth (+7%) and a compelling margin expansion story, driving sector leading +18% EBIT CAGR at a still attractive 21x CY27E P/E.” Bank of America reiterates SpaceX as buy The bank added the stock to its top picks list. “We are adding Fox Corp. (FOXA) and Space Exploration Technologies Corp. (SPCX) t o the US 1 List.” Raymond James lifts Macom to outperform from market perform Raymond James says buy the dip. “We are upgrading MACOM (MTSI ) to Outperform from Market Perform ahead of September quarter results, with a $300 price target.” Citigroup upgrades MercadoLibre to buy from neutral Citi says shares are compelling at current prices. “We are upgrading MELI t o Buy as we believe the recent share-price weakness creates an attractive entry point.” Citi upgrades Ferguson to buy from neutral Citi says buy the dip. “We are upgrading FERG to Buy with a $288 TP following recent share price weakness.” Roth initiates Dianthus at buy Roth says the biotech company has a compelling risk/reward. ” DNTH: Initiate at Buy, $113 PT: Best-in-Class Neuromuscular Potential at Attractive Valuation.” BTIG initiates DarioHealth at buy BTIG says the digital health company has growth upside. “We are initiating coverage o f DarioHealth with a Buy rating and a PT of $6.” Bernstein reiterates CoreWeave as underperform Bernstein nevertheless raised its price target to $54 per share from $51. “CRWV has been on a downslide since October 14, mostly due to questions around its funding, but also because the company is the tip of the whip for the AI trade – highest highs and lowest lows when there is widespread sentiment shift.” Truist initiates PPL and Evergy as buy Truist says it’s bullish on both utilities. “We initiate coverage of Evergy (EVRG) with a Buy Rating, PPL Corporation (PPL) with a Buy Rating …” Rosenblatt reiterates Palantir as buy The researcher raised its price target to $260 per share from $225 ahead of earnings in November. “We are rolling our valuation year period out by one quarter, which raises our target to $260, still 60x NTM EPS out one year and reiterating our Buy rating on PLTR.” Read more. Oppenheimer initiates MSC Income Fund at outperform Oppenheimer says it’s bullish on the business development company. ” MSC Income Fund is an externally managed BDC that invests primarily in senior secured first lien loans to sponsor-backed middle market companies and maintains a legacy portfolio of first-lien and equity investments in lower middle market companies.” Oppenheimer initiates Polypid at outperform Oppenheimer says the biotech company has plenty of upside. “We initiate coverage of PolyPid a t Outperform with a $10 PT.” Wedbush initiates Liftoff Mobile at outperform The firm says mobile ad tech company is a “solid business.” “We initiate coverage of Liftoff Mobile (LFTO) with an OUTPERFORM rating and a $25 price target, based on 8.6x our FY:27E adjusted EBITDA of $632 million.” Wolfe upgrades Knife River to outperform from peer perform Wolfe says buy the weakness in the construction materials company. ” KNF’s stock has declined 25% YTD and is close to its lowest level in almost 3 years, materially underperforming the broader market and other aggregates peers.” StoneX reiterates Intel as buy The firm says it’s sticking with Intel ahead of earnings later this week. “We reiterate Buy and our $140 price target ahead of October 29 results after the close.”Read More