Welcome to Extreme Investor Network, where we provide you with the latest and most valuable information on investing. Today, we are diving into Friday’s biggest calls on Wall Street to help guide you in making informed investment decisions.
Raymond James has initiated Deere as outperform, citing the company’s market share leadership position in the Americas and strong competitive advantage. Meanwhile, Morgan Stanley downgraded Nike to equal weight from overweight following a disappointing print and reduced outlook.
Deutsche Bank has reiterated First Solar as a buy, increasing its price target to $280. Wells Fargo is sticking with its overweight rating on Nvidia, emphasizing the company’s competitive positioning in gaming GPUs and expanding growth opportunities.
Goldman Sachs has initiated Essential Properties Realty Trust as a buy, expecting outsized growth for the real estate investment trust. Oppenheimer has reiterated Apple as outperform, raising its price target on the stock to $250 per share.
Citi has moved Apple up to its No. 2 top pick and initiated Xerox as sell due to structural declines. Wells Fargo has raised its price target on Amazon to $239 per share, anticipating another strong quarter and guide.
JPMorgan has upgraded Digital Realty Trust to overweight from neutral, seeing the company as a substantial beneficiary of cloud and AI demand for data center capacity. B. Riley has initiated Intuitive Machines as a buy, with a positive outlook on the space exploration company.
Citi has downgraded Travelers to sell from neutral, ranking the commercial insurer subsector as its least favorite. Piper Sandler has upgraded Equity Residential to overweight from neutral, anticipating an improved backdrop for the real estate investment trust.
Susquehanna has initiated Nextracker and Array as positive, bullish on both solar tech companies. Rosenblatt has downgraded Alphabet to neutral from buy, citing transitional risk for the company.
Lastly, BMO has upgraded SAP to outperform from market perform, citing a high degree of visibility for the software solutions company. Morgan Stanley has reiterated ASML as overweight, highlighting the company’s ongoing order book recovery and robust demand in China.
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