Here are the biggest calls on Wall Street on Thursday:
Barclays reiterates Meta as overweight
Barclays says it ’ s sticking with the Instagram parent following earnings on Wednesday.
"META continues to execute at arguably the best pace of any company in digital advertising, with little revenue deceleration despite facing very tough comps in 2H24."
Cantor Fitzgerald reiterates Tesla as neutral
Cantor says it ’ s sticking with its neutral rating on Elon Musk ’ s EV maker but says it ’ s bullish on the company ’ s full self-driving initiatives.
"We believe Tesla benefits from future upside from its Full Self-Driving ( FSD ) software ( plus upcoming Robotaxi segment ) , the introduction of lower-priced models, a global manufacturing footprint with economies of scale and the largest Charging Infrastructure in the industry."
Wolfe adds Amazon to the alpha list
Wolfe said the stock is a "high quality asset."
"Add AMZN: We are adding AMZN to the Wolfe Alpha List — a high quality asset with potential for meaningful margin expansion, accelerating Cloud growth, and AI tailwinds."
Bank of America reiterates Arm as buy
Bank of America said it ’ s sticking with the stock following earnings on Wednesday.
"However, we reiterate Buy as we believe ARM is uniquely exposed to some of the most important megatrends in semis..."
Bernstein reiterates Qualcomm as outperform
Bernstein says it ’ s sticking with Qualcomm following earnings on Wednesday.
″ [ T ] he general story looks good, with solid traction in AI phones, initial traction
with Arm PCs, and a diversification story that increasingly has legs, and the shares remain
cheap at ~16x and >40% discount to the SOX; we would be buyers."
Citi reiterates SoFi as buy
Citi said it ’ s getting more bullish on the stock following a series of investor meetings.
"We hosted investor meetings with SoFi ’ s CEO and CFO in NYC yesterday. Attending investors came across bullish on the stock though centered much of the conversation around refuting some elements found prominent among the bears."
Wells Fargo upgrades Carvana to overweight from equal weight
Wells said the opportunity is too attractive to ignore for shares of the online used car company.
"We ’ re transferring coverage of CVNA to David Lantz at OW ( from EW under Zack Fadem ) w/ a $175 PT."
Loop upgrades Reddit to buy from hold
Loop upgraded the stock mainly on valuation.
"RDDT has struck deals with the NFL, NBA, MLB, Nascar and PGA Tour to show more game highlights and sports content including behind the scenes videos and AMAs ( ask me anything ) with players."
Oppenheimer downgrades Etsy to perform from outperform
Oppenheimer says it has limited visibility for the stock.
"Following the 16% increase since 7/8 ( Nasdaq -4% ) , we are downgrading ETSY to Perform from Outperform and removing $75 target."
Goldman Sachs adds Dollar General to the conviction buy list
Goldman said it likes Dollar ’ s turnaround story.
"Defensive turnaround story at an inflection point."
登录后才可以发布评论哦
打开小程序可以发布评论哦