Welcome to Extreme Investor Network, where we provide unique insights and analysis on the latest trends in the investing world. Today, we’re bringing you the biggest calls on Wall Street from this past Friday.
Bank of America reiterated its buy rating on Alphabet, citing the company’s strong performance across all major business lines. With Google’s infrastructure, data, and distribution advantages, Bank of America remains bullish on the stock.
Deutsche Bank also reiterated its buy rating on Snap, highlighting the company’s positive forward outlook and the progress of its ad platform rebuild. This reaffirms Deutsche Bank’s conviction in Snap’s potential for growth.
Goldman Sachs reiterated its buy rating on Microsoft, noting the company’s margin stability and unique growth profile. With a raised price target of $515, Goldman Sachs sees Microsoft as a strong player in the tech sector.
On the other hand, Goldman Sachs maintained its sell rating on Intel due to continued prioritization of AI over traditional server demand. This decision reflects concerns about Intel’s ability to keep up in the rapidly evolving tech landscape.
In the world of telehealth, Seaport initiated coverage of Hims & Hers as a buy, citing a large total addressable market across various verticals. With a positive fundamental thesis, Seaport is optimistic about the company’s growth potential.
Maxim reiterated its hold rating on Apple ahead of earnings, focusing on factors like iPhone sales, China revenues, and supply chain dependencies. Maxim is closely monitoring these key areas to assess Apple’s performance.
Barclays upgraded Enphase Energy to overweight, recognizing an attractive entry point for investors in the solar company. Barclays sees potential for increased demand as Enphase completes destocking and enters a phase of higher demand.
Benchmark also upgraded Western Digital to buy following strong earnings results. With higher flash prices and strong sales, Benchmark believes Western Digital is poised for growth with a target price of $85.
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