Monday stocks from analyst calls include Nvidia, Apple, Tesla, Okta
Here are the biggest calls on Wall Street on Monday: Jefferies reiterates Tesla as hold Jefferies raised its price target on Tesla t o $350 per share from $300 ahead of earnings. “Q1 results will show further widening of the gap between vision and execution and, barring a convincing announcement on robotaxi roll-out, may fuel fuel concern about funding and raise the logic of an eventual merger with SpaceX. Ambitious capex plans are set to create loss centers for a while, we cut 2026-27 estimates.” Morgan Stanley reiterates Apple as overweight The firm said it’s bullish on Apple heading into earnings next week. “We see modest (1-2%) upside vs. Consensus in March quarter revs/EPS given revenue upside is limited by supply constraints.” Stifel upgrades Plexus to buy from hold Stifel said it sees “growth momentum” for the applied technology company. “We are upgrading PLXS to Buy from Hold.” Bank of America reiterates Amazon as buy Bank of America raised its price target on the stock to $298 per share from $275. “Given strong assets and customer focus, we think Amazon is well positioned to capitalize on the global growth of eCommerce and enterprise demand for AI capacity.” William Blair initiates Cameco at outperform William Blair said the uranium producer has pricing power. “We are initiating coverage with an Outperform rating for Cameco , the sole vertically integrated nuclear company, offering investors exposure to the full value chain from mining uranium ore to the reactor core.” Wedbush initiates MP Materials as outperform Wedbush said the rare earths company is a “champion.” “We are initiating coverage on MP Materials (MP) with an OUTPERFORM rating and $90 price targe” Wedbush initiates USA Rare Earth at outperform Wedbush said the rare earth company has plenty more room to run. “We are initiating coverage on USA Rare Earth (USAR) with an OUTPERFORM rating and $29 price target.” Deutsche Bank reiterates Microsoft as buy Deutsche said it’s bullish on Microsoft ahead of earnings next week. “Beyond headline numbers, attention will likely center on Azure results/guidance and broader progress across AI initiatives.” Wells Fargo upgrades Biogen to overweight from equal weight The bank said it sees a wide range of positive catalysts ahead. “We are upgrading BIIB to OW & $250 DCF-based PT (prev. EW & $200 PT) as new rev. streams from immunology/kidney pipelines reduce reliance on neuro.” Goldman Sachs upgrades Williams Companies to buy from neutral Goldman said it’s getting more bullish on the midstream energy company. “First we upgrade WMB to Buy on strong growth, BTM [behind-the-meter] project execution, and after a pause (albeit brief) in the share rally we had missed with our Neutral rating.” Mizuho reiterates Nvidia as outperform Mizuho said it’s sticking with Nvidia . “We see NVDA remaining the leader in the AI training and inference chips for Data Center applications (we estimate > 75% share today), which is projected growing at ~60% CAGR to > $500B by 2028E.” Berenberg upgrades Air Products to overweight from equal weight Berenberg says it sees a slew of positive catalysts ahead. “We upgrade our rating on Air Products to Buy. The primary reasons are improved capital allocation and pricing momentum implied by our AI-driven nowcasting model.” DA Davidson upgrades Lakeland Industries to buy from neutral DA said the first responder protective outerwear company is in the midst of a turnaround. “We are upgrading LAKE to BUY (from Neutral) with a new price target of $14 (from $10) following F4Q:26 earnings. It did not take long for LAKE to turn things around, or at least show evidence that things are improving from here. Importantly, organic expectations are high-single-digits, with tangible catalysts such as NFPA approvals and new rental/maintenance locations.” Mizuho downgrades Skyworks and Qorvo to underperform from neutral Mizuho said it’s concerned about weakening handsets and memory shortages. “Following our supply chain checks and handset industry call, we are downgrading SWKS to Underperform/$46 PT and QRVO to Underperform/$66 PT.” Jefferies upgrades Ulta Beauty to buy from hold Jefferies said “momentum” is building. “We upgrade ULTA to Buy as confidence improves in revenue durability amid a broadening beauty backdrop and renewed makeup engagement.” Wells Fargo downgrades NXP Semiconductor to equal weight from overweight Wells said it sees several tailwinds for NXP . “Downgrade to EW. We see a more limited positive catalyst path: 1) Weakening Auto Demand. Recent neg revisions to SAAR forecasts due to the Iran conflict leave us more cautious on NXP’s ability to reach its 2027 rev tgt. 2) Limited NT Margin Leverage. We expect limited NT GM% leverage, in part due to strong execution during the recent downturn.” Deutsche Bank upgrades Ecolab to buy from hold Deutsche said it sees earnings upside. “We are upgrading Ecolab to Buy from Hold.” Barclays upgrades Celldex Therapeutics to overweight from equal weight The bank said it’s seeing positive data for the biotech company’s hives and rash treatment drug. ” Celldex continues to show encouraging clinical data for its lead molecule, barzolvolimab, in chronic spontaneous urticaria (CSU) and chronic inducible urticaria.” Barclays upgrades Okta to overweight from equal weight Barclays said Okta is firing on all cylinders. “We upgrade Okta to Overweight from Equal Weight as identity moves to the top spending security priority in our CIO survey, checks improve intra-quarter on demand and execution, and we see upside from the agentic opportunity.” Read more. Guggenheim initiates Serve Robotics at buy Guggenheim said it’s bullish on the autonomous restaurant delivery company. “We are initiating coverage of Serve Robotics Inc. (SERV) with a BUY rating and $13 price target. Serve is a Physical AI pioneer primarily focused on early stage Autonomous Vehicle Robotic Restaurant Delivery.” Northland initiates Quantum Computing as outperform Northland said the quantum computing company has plenty of upside. “Initiating OP on QUBT with a $20 PT…” Bank of America reiterates Meta as buy The bank lowered its price target to $820 per share from $885. “With the new efficiency mentality, we believe Meta is positioned for strong EPS growth when advertising environment improve.”
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