Welcome to Extreme Investor Network, where we provide you with exclusive insights into the world of investing that you won’t find anywhere else. Today, we are diving into Wednesday’s biggest calls on Wall Street to give you a comprehensive breakdown of the latest market moves.
Morgan Stanley reiterates Rivian as overweight, raising its price target on Rivian to $17 per share. The recent VW partnership has boosted Rivian’s potential for success in the EV manufacturing market, giving it a chance to break free from industry burdens.
Susquehanna reiterates Nvidia as positive, anticipating upward revisions in AI guidance to drive share prices higher. UBS reiterates Apple as neutral with expectations for in-line results in the coming months.
Jefferies upgrades UnitedHealth to buy, highlighting a strong setup for 2025. KBW upgrades Progressive to outperform, citing positive earnings reports.
Bernstein downgrades Chevron due to concerns about oil prices, emphasizing a shift in investment focus. UBS initiates Sweetgreen as a buy, recognizing its margin potential.
TD Cowen downgrades Charles Schwab to hold following earnings, while Deutsche Bank adds a catalyst call buy on International Flavors, anticipating positive results.
Mizuho upgrades Valero to buy with positive catalysts on the horizon. Morgan Stanley downgrades Five Below to equal weight post earnings.
Citi adds a negative catalyst watch on Hershey, predicting challenges in the near future. TD Cowen downgrades American Airlines due to downside risk.
Barclays reiterates Tesla as equal weight heading into earnings, and Evercore ISI adds AutoZone to its fab five list. Citi adds a positive catalyst watch on MasterCard, expecting solid results.
Oppenheimer downgrades Morgan Stanley due to valuation concerns, while Bank of America initiates Axon as a buy. HSBC downgrades Qualcomm to hold, citing lack of catalysts.
Guggenheim reiterates Netflix as buy, emphasizing sustained operating margin expansion. UBS reiterates Micron as buy, highlighting potential for gross margin growth.
Bank of America reiterates Microsoft as buy with a raised price target, and Needham reiterates Amazon as buy with an increased price target.
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