Wednesday top stocks in analyst calls include Nvidia, Apple, Tesla, Cava
Here are the biggest calls on Wall Street on Wednesday: Wells Fargo upgrades Airbnb to overweight from equal weight Wells said in its upgrade of Airbnb that it sees robust innovation. “Accelerating pace of innovation makes upside options a reality. More aggressive hotel supply push and sponsored listings beginning in ’27 drive revs +6%/+11% and EPS +7%/+12% vs. Street in ’27/’28, respectively.” Read more. BMO initiates Toast, Visa and Mastercard at outperform BMO said Toast , Visa and Mastercard are “core holdings.” “That said, we see this divergence increasingly disconnected from fundamentals and believe the group is (1) more insulated from AI disruption than narratives suggest, with AI more likely to enhance operating efficiency (and, over time, top-line growth) than displace core economics; (2) characterized by a number of idiosyncratic-upside stories” Wolfe reiterates Netflix as outperform Wolfe said user engagement fears are overdone. “Investors often fret about Netflix’s attention share losses to YouTube, Meta, and TikTok, but the data show that Netflix’s core engagement trends are positive. Further, Netflix sells a highly differentiated product whose value is indirectly tied to raw engagement. That said, more is better.” Compass Point initiates SharonAI at buy Compass said it sees several positive catalysts ahead for the cloud computing AI company. “Our investment thesis rests on three points: (1) first major contract moves SharonAI beyond setup and into contract-backed scale; (2) Australian capacity build gives the company a credible base from which to deploy; and (3) partner-and-financing stack gives SharonAI a path to grow quickly, provided execution keeps pace.” Evercore ISI downgrades Frontline and DTH to in line from outperform Evercore said it’s concerned about war headwinds for the tanker owners. “As a result, we downgrade DHT and FRO to In Line (from Outperform) and NAT to Underperform (from In Line) based on the scenarios we detailed above for potential risk/reward from here, and an incrementally negative utilization base case outside of war-related disruptions.” Roth initiates Portillo’s at buy Roth said the beef and restaurant hot dog chain is “undervalued.” “We initiate coverage of Portillo’s (PTLO) with a Buy rating and $9 price target. PTLO’s 43-unit Chicagoland core, which we estimate generates $80M of EBITDA and is worth almost $1B, is being discounted due to prior management’s national expansion missteps and macro weakness.” BMO reiterates Alphabet as outperform BMO raised its price target to $410 per share from $400. “We maintain that Top Pick GOOGL remains the best way to own AI in our coverage universe, as it continues to expand its leadership positions across the AI stack.” Roth initiates Cava at buy Roth said it has “long-term confidence” in the restaurant chain company. “We initiate coverage of CAVA Group (CAVA) with a Buy rating and $106 price target.” Susquehanna initiates Viking Holdings at positive Susquehanna said the cruise company has a “growing addressable market.” “We are initiating coverage on cruise line VIK with a Positive rating and $100 price target.” Cantor Fitzgerald initiates Tesla at overweight Cantor said it’s bullish ahead of Tesla earnings. “We expect TSLA’s autonomous capabilities to continue to expand to other European cities throughout this year, and we view this as a material opportunity for TSLA to recapture market share in Europe.” Barclays upgrades Qorvo, Skyworks and Seagate to overweight from equal weight Barclays said a foldable iPhone could be a catalyst for Skyworks and Qorvo. The bank also upgraded Seagate Technology and said the stock has “value.” “We upgrade SWKS and QRVO to OW. …. .We see the most value in the Storage/Memory hierarchy in the drive names and see both earnings and multiple expansion.” Raymond James initiates WisdomTree at outperform Raymond James said the company has a differentiated offering. “We initiate coverage on WT with an Outperform rating. The company provides exchange traded products (ETPs) internationally. AUM of $150.6 billion in 1Q26 has grown at a high-teens CAGR over the last four years.” Bank of America initiates Life360 at buy Bank of America said the family safety company has a long runway for growth. “We initiate coverage on Life360 with a Buy rating and PO of $60. We believe Life360’s leadership in the fast-growing family safety category, combined with a large and underpenetrated global opportunity, provides a long runway for sustained user growth.” Goldman Sachs upgrades Genmab to buy from neutral Goldman said in its upgrade of the biotech company that it sees “key drivers” ahead, including the company’s lymphoma drug, Epkinly. “We upgrade Genmab to Buy from Neutral, as our review of key assets Epkinly, Rina-S and petosemtamab leave us more positive on risk/reward through a catalyst-rich remainder of 2026.” Morgan Stanley upgrades WaterBridge Infrastructure to overweight from equal weight Morgan Stanley said it sees plenty of upside for the water supplier to the energy industry. ” WBI offers the strongest EBITDA growth in our midstream coverage” UBS upgrades Biogen to buy from neutral UBS said it sees multiple positive catalysts ahead for Biogen shares. “We are upgrading BIIB to BUY, PT to $225 (from $185) based on increasing conviction on a slew of pipeline catalysts coming over the next 12-15 months which we think should move the stock higher going into 2027…” Read more. Truist upgrades SBA Communications to buy from hold Truist sees “multiple paths to upside” for the cellular tower company. “We are upgrading SBAC shares to Buy (from Hold), with 16% upside potential to our $247 PT (from $193 prior).” MoffettNathanson reiterates Apple as neutral The investment bank said it’s concerned about Apple Services. “In the latest Sensor Tower data, there are the first real signs that behavior is changing. Enough so that the App Store could become a relative headwind to Apple’s Services revenue growth.” Bank of America upgrades Twilio to buy from underperform Bank of America said the company is well positioned for growth. “We upgrade Twilio (TWLO) to Buy (from Underperform) and set a $190 PO (from $110) as we see positive inflections in its strategic positioning in AI and its fundamentals. We think Twilio will prove to be one of the key infrastructure layers for AI-driven voice and messaging uses cases, where scale and reliability are critical.” Barclays reiterates Nvidia, Broadcom, Credo and Macom Technology Solutions as overweight Barclays said the group of stocks are its top ideas. “….but we still think names like NVDA , AVGO , CRDO and MTSI a re most interesting here.”
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