Welcome to Extreme Investor Network, where we provide you with exclusive insights into the latest investment trends and opportunities. Today, we’re diving into some of the biggest calls on Wall Street that you need to know about.
Stifel is bullish on Penumbra, a medical device company, citing positive free cash flow and high growth potential. HSBC initiates coverage on KKR & Co as a buy, noting significant earnings growth prospects. Bernstein reiterates Apple as outperform amid concerns about weaker iPhone demand.
Bank of America remains bullish on FedEx heading into earnings, while Morgan Stanley reaffirms Tesla as overweight. BTIG upgrades GE Healthcare to buy, highlighting improved prospects after a tough first half.
UBS sees undervalued potential in Talen Energy, while JPMorgan is optimistic about Civitas Resources’ buyback potential. Wells Fargo stands by Micron ahead of earnings, despite lowering its price target.
Barclays upgrades VF Corp and Victoria’s Secret, citing attractive risk-reward profiles. Wolfe downgrades ResMed due to perceived risks, while Bank of America reiterates TJX Companies, Burlington, Ross, and Starbucks as solid buys.
Goldman Sachs sees Marriott as a high-quality compounder, while Needham highlights Super Micro Computer as a promising player in the AI space. Guggenheim upgrades Sirius XM to buy and Bank of America reiterates Alphabet, Meta, Amazon, and Uber as strong buys for defensive positioning.
William Blair initiates Nvidia and Broadcom as outperform, praising their leadership in parallel computing and growth potential in the custom chip market. JPMorgan reiterates Roku as overweight, expecting platform revenue growth to accelerate.
In conclusion, these calls from Wall Street experts offer valuable insights into potential investment opportunities across a diverse range of sectors. Stay tuned to Extreme Investor Network for more exclusive updates and analysis to help you make informed investment decisions.