Welcome to Extreme Investor Network, where we bring you the latest and most insightful information on investing trends and opportunities. Today, we’ll be discussing the biggest calls on Wall Street from some of the top firms in the industry.
Morgan Stanley has reiterated Alphabet as overweight, outlining areas where the company can improve its multiple. Meanwhile, they have also reiterated Apple as overweight, noting positive comments from the T-Mobile CEO regarding iPhone 16 demand.
JPMorgan has downgraded Five Below to underweight, citing margin constraints for the discount retailer. On the other hand, Piper Sandler has reiterated Robinhood as overweight, highlighting the opportunity for an expanded crypto offering.
KeyBanc has reiterated Nvidia as overweight, emphasizing the company’s unique position to benefit from AI/ML growth. Additionally, Redburn Atlantic Equities has initiated Kodiak Gas Sciences as a buy, touting the natural gas company’s attractiveness.
Mizuho has initiated Talos Energy and Northern Oil and Gas as buys, praising their investment opportunities and positioning within the industry. Raymond James has upgraded Safehold to outperform, noting the company’s favorable position in a lower rate environment.
In the EV space, Morgan Stanley has reiterated Nio as overweight, remaining bullish on the company as it unveils its latest model. TD Cowen has reiterated Micron as a buy, standing by the stock ahead of earnings despite a reduced price target.
Barclays has initiated Hertz as underweight, citing negative catalysts for the auto rental company. Piper Sandler has initiated Abbot Laboratories as overweight, pointing to the company’s attractive valuation.
Wells Fargo has initiated Outfront Media as overweight, expressing positivity towards the outdoor ad company. Morgan Stanley has downgraded Elanco to equal weight, lacking conviction in the pet biopharma company.
Lastly, BTIG has upgraded DoorDash to buy from neutral, noting ongoing strength and positive milestones. Bank of America has initiated Coursera as a buy, bullish on the online learning platform company.
At Extreme Investor Network, we strive to provide you with unique insights and analysis to help you make informed investment decisions and stay ahead of the curve. Stay tuned for more updates and valuable information on investing trends.