Here are Thursday’s biggest calls on Wall Street:
The firm said Nvidia has a data center opportunity that is undervalued.
“The datacenter opportunity is enormous, and still early, with material upside still possible.”
Baird added a bearish fresh pick on the stock and lowered its price target to $370 per share from $440. The firm says it’s concerned about delivery numbers.
“Adding Bearish Fresh Pick given near-term headwinds. Intra-quarter sales data from TSLA’s key regions lead us to believe there is risk to the consensus Q1 delivery estimate of 437.5K.”
Goldman said it’s sticking with its buy rating after the company unveiled new Mac products.
“The channel fill of the newly announced products should support AAPL’s ability to achieve its F2Q25 revenue growth outlook of low-to-mid-single digits despite the lower-than-expected starting pricing for the MacBook Air.”
Evercore moved Amazon to top pick status and said it’s very bullish on Amazon Web Services.
“AMZN: AWS’ AI business is now a multi-billion dollar revenue run rate business that continues to grow at a triple-digit Y/Y percentage, growing more than three times faster at this stage of its evolution than AWS did in the early days of Cloud.”
Loop said investors should buy the dip following earnings on Wednesday.
“Following better-than-expected 4Q25 (Jan) results and above-consensus 1Q26 (Apr) guidance, and given the near-40% correction in the shares since Jan (based on aft-mkt), we are taking the opportunity to take up our rating on shares of MRVL from Hold to Buy.”
Wells downgraded the data developer cloud company following earnings on Wednesday.
“MDB traded down 16% AMC [after market close] after guiding revenue and OM [operating margin] well below expectations. With a smaller pool of multi-year deals, we believe it will be difficult to significantly outperform expectations in FY26 and therefore expect shares to remain range-bound.”
The firm upgraded the cloud security company following earnings and said it’s seeing ” improving billings growth.”
“Zscaler’s latest results exceeded expectations, driven by improving billings growth and margin expansion. Improved marketing and growing sales productivity are driving more significant deals and up-sells.”
The firm said in its upgrade of Lennar, KB Home and D.R. Horton that it sees an attractive risk/reward.
“Since our Sep-24 sector downgrade, the Homebuilders fell 30% absolute (34% vs S&P), consistent with past cycles Early cycle underperformance, underpinning our relative Positive sector call now, as Later cycle sectors absorb equivalent downside, yet lack equivalent upside convexity, when the market inflects.”
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