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LivestreamMenuHere are the biggest calls on Wall Street on Tuesday: Loop reiterates Netflix as buy Loop said Netflix has a robust advertising opportunity. “The advertising business is becoming a measurable driver contributing about 240bps of growth last year and set to become much larger in our view..” CLSA reiterates Nvidia as outperform The firm raised its price target to $360 per share from $300. “We lift our NVDA earnings estimates 21%-53% over FY27-29. We are now 14%/24% above consensus for FY28/29, as our confidence in a longer upcycle for compute is rising.” Piper Sandler upgrades Block to overweight from underweight Piper said Block has margin upside. “We are transferring coverage of XYZ and upgrading the stock to Overweight with a $100 price target.” Roth Capital upgrades VersaBank to buy from neutral Roth said the commercial banking company is “executing well.” “We are upgrading shares of VersaBank to Buy as the team has been executing well for the past few quarters and now faces a more positive outlook on freshly implemented structural changes to funding.” Barclays initiates Zurn Elkay Water Solutions at overweight Barclays said the company has buyback upside. “We see ZWS as having attractive exposure to a non-res construction recovery in Water Tech, driven by retrofit demand, limited muni exposure, and incremental growth from new products and recurring filter revenue. We forecast ~10% EBITDA/sh growth and upside from buyback and M & A optionality, supporting a premium valuation relative to peers and our coverage.” Morgan Stanley reiterates Alphabet as overweight The firm raised its price target to $415 per share from $375. “Tactical Flows Drive Underperformance…As GOOGL ‘ 27/’28 Visibility and Fundamentals Appear to Be Strengthening…Creating a Buying Opportunity.” Barclays upgrades Watts Water Technology to overweight from equal weight Barclays said the water tech company is a data center beneficiary. “We upgrade WTS to Overweight as we now have more comfort in the data center growth opportunity and see multiple near-term catalysts for shares.” Deutsche Bank upgrades Comcast to buy from hold Deutsche said the spin-off announced yesterday “unlocks value.” “We are upgradin g Comcast t o Buy and lowering our price target to $32, from $34.” Read more. Goldman Sachs upgrades Tradeweb Markets to buy from neutral Goldman said investors should buy the dip. “We upgrade TW t o Buy from Neutral, with a $146 12-month price target – 56% upside.” Bank of America downgrades Logitech to underperform from neutral Bank of America said it sees demand getting worse. “We cut Logitech to Underperform from Neutral. Our downgrade is based on our expectations that demand fo r Logitech products is likely to worsen materially over the course of the next 12-18m given material price hikes across PCs, tablets, smartphones and gaming systems.” Wells Fargo initiates Neptune Insurance at overweight Wells said it sees revenue growth for the insurance company. “We initiate coverage of Neptune (NP) with an Overweight rating and $35 price target.” Bernstein reiterates Sandisk as outperform The firm raised its price target to $3,000 per share from $1,700. “We increase SNDK FY27 and FY28 EPS to $243 and $272 respectively in our base case, and $350 and $400 in our bull case.” Read more. Benchmark initiates Rocket Companies at buy Benchmark said the mortgage provider has “significant upside.” “We are initiating coverage o f Rocket Companies (RKT) with a BUY rating and $21 per share price target.” Truist upgrades ICON to buy from hold Truist said it sees upside to consensus. “We are upgrading our rating on ICON plc (ICLR) t o Buy from Hold as we see meaningful upside to 2027 consensus estimates.” Deutsche Bank reiterates Tesla as buy Deutsche said it sees Tesla delivery numbers coming in above consensis. “We expect Tesla’s 2Q26 vehicle deliveries to track above company-compiled consensus expectations by about 10k units at 416k for the quarter vs. buy-side expectations of 413k-420k.” Daiwa upgrades Honeywell to outperform from neutral Daiwa said it’s bullish on the spinoff of the aerospace business. ” Honeywell completed the spin-off of its Aerospace business into a separate company on June 29th.” Wells Fargo reiterates Advanced Micro Devices as overweight Wells raised its price target on the stock to $615 per share from $505. “We are positive on AMD’s ability to continue gaining share in the server and PC CPU markets, increasing traction in datacenter GPUs, positive / accelerating incremental operating leverage, and ultimately, earnings power…” Needham adds Figure Technology Solutions to the conviction list Needham said the stock has a differentiated offering. “We believe FIGR is building a differentiated credit marketplace and is worthy of a premium valuation given the lack of balance sheet intensity in the model and deep capital markets sophistication.” Truist upgrades Fortune Brands to buy from hold Truist said it sees turnaround potential. “We are upgrading FBIN to Buy from Hold based on the turnaround potential in conjunction with the announcement of Jesse Singh as new CEO.” BMO initiates MKS Instruments at outperform BMO said the semis company is a data center beneficiary. “We are initiating coverage on MKSI with an Outperform rating and a $453 target price.” Oppenheimer cuts Morgan Stanley and Goldman Sachs to underperform from perform, and Citigroup and Bank of America to perform from outperform Oppenheimer downgraded several banks on Monday, mainly on valuation. “Downgrading GS and MS to Underperform and BAC a nd C t o Perform.” JPMorgan adds Tenable Holdings to focus list JPMorgan said the cyber company is well positioned. “Accordingly, we are adding TENB to our Analyst Focus List as we view TENB as the best positioned exposure management vendor to help organizations face this threat.” Jefferies reiterates Broadcom as buy Jefferies said investors should buy the weakness. “We are revisiting the AVGO bull-case given the pullback since earnings.”Read More
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