Welcome to Extreme Investor Network, where we provide you with cutting-edge insights and analysis on the latest investing trends and opportunities. Today, we are diving into the biggest calls on Wall Street from Thursday that you need to know about.
Morgan Stanley reiterated Salesforce as overweight, citing “durable growth” potential for the company following strong earnings. The firm sees GenAI as a significant tailwind for Salesforce, providing long-term benefits.
On the other hand, Bank of America reiterated Nvidia as a buy, emphasizing the company’s transformation and diversification across multiple high-growth markets. Meanwhile, Barclays upgraded Foot Locker to overweight, highlighting the retailer’s return to growth and positive fundamental inflections.
CrowdStrike also received a buy rating from Bank of America, with the firm praising the company’s best-in-class subscription growth and net retention rates. Additionally, Barclays initiated coverage of Nuvalent as overweight, noting the biotech company’s promising position ahead of value-inflecting data readouts.
In the tech sector, Citi named Apple a top pick into 2025, favoring the tech giant’s AI capabilities and upcoming product launches. William Blair initiated Tesla as outperform, highlighting the company’s energy opportunity in addition to its electric vehicle business.
These are just a few of the key calls from Wall Street that can impact your investment decisions. Stay tuned to Extreme Investor Network for more expert insights and analysis to help you navigate the complex world of investing with confidence. Join our community of extreme investors and elevate your portfolio to new heights.