Here are Thursday’s biggest analyst calls: Nvidia, Apple, Netflix, Broadcom, Starbucks, Amazon, Disney & more
Here are Thursday’s biggest calls on Wall Street: UBS reiterates Nvidia as buy UBS raised its price target on Nvidia ahead of earnings to $275 per share from $245. “We see F1Q (Apr) revenue in the ~$81B range (suggesting a ~$3B beat vs $78B midpoint) with revenue guidance at least as good as investor bogeys in the ~$90-91B range.” Read more. Bank of America reiterates Amazon as buy The firm said Alexa for Shopping is an “advantage” for Amazon. “Amazon announced Alexa for Shopping, a unified assistant that combines Rufus’ product knowledge with Alexa+’s more personalized, contextual user understanding. Alexa for Shopping will replace Rufus on the core Amazon shopping app and website, and is designed to enable more relevant recommendations by using information shared with Alexa+.” Evercore ISI reiterates Apple as outperform Evercore raised its price target on the stock to $365 per share from $330. “We see a path for AAPL to compound EPS/FCF at low/midteens pace even if iPhone units were to grow modestly given durable Services growth and ASP tailwinds from a shift towards premium models.” Goldman Sachs downgrades Whirlpool to neutral from buy Goldman said it sees too many negative catalysts. “We are downgrading WHR to Neutral from Buy, as we look for ongoing industry and macro pressures to weigh on results. UBS upgrades Commercial Metals to buy from neutral UBS said the entry point is compelling. “We upgrade CMC to Buy from Neutral & raise our PT to $89 (from $79) following ~40% YTD underperformance vs peers, creating attractive entry as key downside risks to US rebar pricing have eased.” Stephens initiates Academy Sports as overweight Stephens said the sporting goods store is firing on all cylinders. “We are initiating coverage of Academy Sports and Outdoors (ASO) with an OW rating, $78 PT.” New Street initiates RocketLab as buy The firm said investors should buy the dip in the space company. “Today’s valuation implies Rocket Lab captures < 1% of the space economy. For the only scaled Western platform outside of SpaceX, we think the opportunity is largely underpriced. Buy. Add on weakness." New Street initiates ViaSat as buy New Street said ViaSat is best positioned for space. "Well positioned for rising Space spend on defence." Wolfe reiterates Disney as buy Wolfe said it's bullish on Disney cruises. "We expect Disney's $60B plan to invest in parks and cruise ships to enhance growth and ROIC. Disney's cruise business will account for ~40% of Experiences OI growth from FY'25-FY'27. This primer, incl. 22 exhibits, explains why we're bullish. We rate DIS Outperform, PT $134." JPMorgan reiterates Netflix as overweight JPMorgan said it's bullish on the stock following the company's Upfront presentation. "Coming out of NFLX's fourth annual Advertising Upfront, we're positive on Netflix's reach, content strategy, & improving ad tech." Wells Fargo reiterates Broadcom as overweight Wells raised its price target to $545 per share from $430. "Our Overweight rating reflects our confidence that AVGO' s AI positioning / momentum sustains into CY26, with increasing confidence in potentially meaningful incremental catalysts looking through the year. We also see Broadcom as a key beneficiary from expanding network intensity in AI infrastructure buildouts." TD Cowen upgrades Starbucks to buy from hold TD Cowen raised its price target to $120 per share from $106. "In our view, Starbucks has numerous tangible drivers to deliver positive sales revisions in a strong category backdrop. As the company prioritizes labor investments, we forecast margins will recover amid our combined expectations for sales leverage, easing COGS & incentivized non-core cost cuts." Read more. Jefferies initiates Terawulf, Cipher and Hut 8 as buy Jefferies said it's bullish on the bitcoin miners. "We initiate coverage on four AI data center developers ( CIFR , HUT, RIOT, & WULF) , all with legacy BTC mining roots. These companies are converting large power footprints (originally secured for BTC mining) into AI data center capacity."
About the Author
