Thursday Street analyst calls stocks include Nvidia, Apple, Tesla, Meta
Here are the biggest calls on Wall Street on Thursday: JPMorgan initiates ResMed as overweight JPMorgan says the sleep apnea company is best-in-class. “RMD is the global leader in the Obstructive Sleep Apnea (OSA) market, generating the majority of revenue from CPAP devices and masks, but also with a portfolio of other respiratory health solutions and digital health businesses.” Evercore ISI reiterates Nvidia as outperform Evercore says the stock remains a top idea. “We are buyers of NVDA. NVDA has underperformed SPX recently, which we attribute to 3 concerns: 1) DeepSeek lowers AI demand; 2) DeepSeek shifts AI compute-cycles away from NVDA; and 3) Blackwell delays. Our channel checks dispute the concerns.” Raymond James upgrades Okta to outperform from market perform Raymond James says the risk/reward is too attractive to ignore. “Our recent conversations with channel partners suggest that AI is beginning to move from the experimentation to the production phase in Enterprise use cases, and agents that have previously been using human identity security will now need their own identity security. We see the potential for a significant unit TAM increase fo r Okta’s core market due to Agents in the workforce.” Read more. BTIG initiates Dick’s at buy BTIG says it sees “product innovation and storytelling” at the sporting goods retailer. “We admire the business that Mr. Stack has built over the past several decades. We are impressed by the progress he and his team have made evolving Dick’s Sporting Goods from a retail box into the largest omni-channel sports retailer in the U.S.” JPMorgan upgrades Hamilton Lane to overweight from neutral JPMorgan says it sees an “attractive” entry point for the investment manager. “We are upgrading Hamilton Lane f rom our prior Neutral rating to an Overweight rating.” Citigroup downgrades Flutter to sell from buy Citi says it’s concerned about slowing U.S. growth. “We downgrade Flutter to Sell ( from Buy), open a negative catalyst watch, and remove from the European Focus List…” Read more. JPMorgan upgrades Blackstone Mortgage to overweight from neutral JPMorgan says the commercial mortgage REIT has a robust track record. “We upgrade BXMT to an Overweight rating (from Neutral). The company has demonstrated a strong track record of returns and consistent dividend coverage, supported by a fully scaled lending platform that drives efficiencies and unique opportunities in both funding and origination.” Mizuho downgrades PayPal to neutral from outperform Mizuho says the stock is at a “scale disadvantage.” “We see rising competitive and fundamental headwinds for PayPal /Venmo, prompting a move to Neutral (from Outperform) and a lower $50 PT (from $60).” JPMorgan reiterates Apple as overweight The firm says Apple is well-positioned ahead of earnings later this month. “Well positioned for a multi-year AI upgrade cycle for iPhones with potential benefits that extend to Services and other devices.” Bank of America initiates AutoLiv as buy Bank of America says the auto safety systems company is a “structurally superior company.” “We initiate coverage on Autoliv with a Buy rating and a price objective of $140.” KeyBanc initiates Kaiser Aluminum as overweight KeyBanc says shares of the aluminum company have plenty more room to run. “We are initiating coverage of Kaiser Aluminum Corporation – a manufacturer of semi-fabricated specialty aluminum products weighted to end markets featuring demanding applications and high barriers to entry (~70% of conversion revenue in Packaging and Aero/High- Strength) – with an Overweight rating and a $170 price target…” Evercore ISI reiterates Tesla as in line Evercore says it’s cautious ahead of Tesla e arnings next week “We see Q1 EPS as 32-35c following disappointing Q1 deliveries of 358k which came in below 366k cons, 365-375k buyside, but more importantly disappointing energy storage deployed 8.8 GWh (-15% YoY, likely on adverse weather). The combo has depressed the stock -8% MTD and 20% YTD, breaking critical $390 technicals.” Mizuho initiates Equifax and FICO at outperform Mizuho says the credit companies are “compelling.” “We are initiating coverage of Fair Isaac (FICO) with an Outperform rating ($1,416 PT, ~41% upside), Equifax (EFX) with an Outperform rating ($222 PT, ~19% upside),” Rothschild & Co Redburn upgrades Descartes Systems to buy from neutral Rothschild says the multinational tech company has several positive catalysts ahead. “The strength of Descartes and WiseTech is underpinned by their multilateral networks, providing unparalleled access for customers and flywheel effects.” Rothschild & Co Redburn initiates Veon at buy The firm says the digital operator is a high growth company. “We launch coverage of VEON with a Buy and a $74 price target.” UBS upgrades BP to buy from neutral UBS says it’s bullish on the company’s new management. “BP’s new CEO Meg O’Neill takes over at a critical turning point for the company, in our view. A higher for longer price environment is undoubtedly positive for the stock, but there is still work to regain investor confidence and reverse the 52% of underperformance versus peers since 2018.” BTIG upgrades FlyWire to buy from neutral BTIG says the company is executing in a choppy macroeconomic environment. “We are upgrading FLYW to Buy with a $17 PT. We see an attractive risk/reward with the stock trading at 8x FY26E EV/EBITDA and a 7% FCF yield.” Wolfe initiates CoreWeave at outperform Wolfe says the company has a differentiated offering. “We see CRWV as the best positioned neocloud to continue expanding capacity with a positive FY26 catalyst path and believe its financing engine is a key differentiator that sets it apart vs. peers. Initiate OP.” MoffettNathanson reiterates Meta Platforms as buy The firm raised its price target on the stock. “We reiterate our Buy rating on Meta but increase our target price by +$70 to $780.” JPMorgan downgrades Qualcomm to neutral from overweight JPMorgan downgraded the stock due to rising competition from companies like Nvidia. “We are downgrading shares of Qualcomm on both near-term headwinds, as well as the higher competitive landscape that the company will have to contend with…”
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