Welcome to Extreme Investor Network, where we provide you with the latest and most valuable information on investing opportunities. Today, we are diving into Monday’s biggest calls on Wall Street to help you stay ahead of the curve in the fast-paced world of investing.
UBS has reiterated Apple as neutral, citing a decline in iPhone market share in China. On the other hand, Morgan Stanley has raised its price target on Nvidia, considering positive data points from Taiwan and China. Goldman Sachs is bullish on telecommunications companies like Verizon and AT&T, while Stifel is initiating coverage on Gauzy as a buy.
Wells Fargo has added Tesla to its tactical ideas list for the third quarter, highlighting declining delivery growth and lower demand. JMP is bullish on Gannett with multiple deleveraging levers, and Loop continues to support Academy Sports as a top idea in the sporting goods industry.
Piper Sandler has upgraded Teleflex to overweight, seeing positive catalysts ahead, while JPMorgan is bullish on semiconductor supplier Amkor. Deutsche Bank has raised its price target on Walmart, citing increased visibility into earnings power from alternative businesses.
Goldman Sachs sees upside potential for Intercontinental Exchange and has upgraded it to buy, while TD Cowen is bullish on W.R. Berkley for solid growth and returns. RBC has downgraded NextEra Energy Partners, citing negative catalysts, and Goldman Sachs has reiterated Snowflake as a buy and added it to its conviction list.
Raymond James is initiating coverage on AxoGen as outperform, bullish on the nerve regeneration company. Morgan Stanley is sticking with its overweight rating on Rivian following its investor day, and Raymond James has reiterated Meta as a strong buy with an increased price target.
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