Stocks to Watch This Thursday: Nvidia and Micron

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Goldman Sachs reiterates Micron as a buy, citing a recent pullback in the stock as an opportunity to add to positions. Bernstein is sticking with its outperform rating on Apple, highlighting the company’s leadership in AI and strong trading period. Bank of America upgrades Petrobras to buy, noting positive catalysts ahead for the Brazil oil and gas company.

Mizuho initiates Grab Holdings as a buy, emphasizing the company’s sizable on-demand market. KBW upgrades Bank of New York Mellon to outperform, citing the company’s scale and expectations for widening profitability. Deutsche Bank adds a catalyst call buy on Emerson Electric, anticipating a material beat in its upcoming earnings report.

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Jefferies reiterates Nvidia, Marvell, and Broadcom as buys, recognizing the strengths of all three companies. KeyBanc initiates Crescent Energy as overweight, bullish on the energy company. Citi reiterates Arista Networks as a buy and raises its price target on the stock.

TD Cowen raises its price target on Grindr, while Morgan Stanley initiates Viking Therapeutics as overweight due to its best-in-class potential. Morgan Stanley also adds Goldman Sachs to its “Financials’ Finest” list, highlighting the investment banking giant as a top financial idea.

JPMorgan downgrades US Bancorp to neutral, citing a lack of near-term catalysts. On the other hand, Morgan Stanley reiterates Coca-Cola and UBS reiterates Disney as buys, with UBS highlighting Disney’s underappreciated growth driver in its cruise operation.

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Oppenheimer initiates Kyndryl as outperform, bullish on the IT infrastructure company. JPMorgan reiterates Carvana as overweight, emphasizing its widening infrastructure moat. Citi reiterates AT & T as a buy, preferring the telecommunications giant for its financial performance and valuation.

Truist reiterates Nvidia as a buy and raises its price target on the stock, reflecting the company’s market cap growth potential.

Stay tuned for more exclusive insights and recommendations from Extreme Investor Network to help you make informed investment decisions. Happy investing!

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