Here’s the latest scoop on Wall Street’s top moves this Thursday:
Wolfe Research is showing confidence in Equinix by upgrading its status to “Outperform” from “Peer Perform.” In a market that’s facing some challenges, Wolfe believes that Equinix’s role as a digital infrastructure powerhouse could be advantageous.
Over at Morgan Stanley, Liberty Energy is catching some positive vibes as they bump it up to “Overweight” from “Equal Weight.” They see untapped potential in Liberty’s Power Generation Services, thinking these assets might be more valuable than presently recognized.
Bank of America is reiterating its belief in Nvidia as a solid “Buy.” They think Nvidia offers a standout chance for investors, riding the wave of significant growth trends in technology.
On the luxury car front, Bernstein is keeping its faith in Ferrari, maintaining an “Outperform” rating despite tariff concerns. They argue that the prestige and demand for Ferrari cars make the brand resilient, particularly among its well-heeled U.S. clientele.
Jefferies, however, is pulling back slightly on Advanced Micro Devices, moving its rating to “Hold” from “Buy.” They point out competition from Intel and tough market estimates as reasons for this cautious stance.
When it comes to Robinhood, Bernstein remains bullish with an “Outperform” rating. The financial platform is branching out beyond just trading, announcing new products aiming at wealth management and banking.
Tesla gets a “Reduce” call from HSBC, with the price target lowered to $130 per share, down from $165. Despite its bold strategies, the company might need to brace for fiercer competition and potential brand dilution.
RBC is elevating Northrop Grumman to “Outperform” from “Sector Perform,” recognizing the defense firm’s alignment with shifting priorities at the Department of Defense.
Stifel is initiating Roper Technologies with a “Buy” rating, noting its unique industrial software offerings. They’re confident in placing a $685 price target for the company.
Roku is back in Bank of America’s good books with a “Buy” recommendation, as they foresee the company’s next monetization phase boosting growth and profits.
Goldman Sachs awards Par Pacific a “Buy” rating, drawn to its attractive risk/reward balance, especially in its Hawaiian refining operations.
JPMorgan opens coverage on Mereo BioPharma with confidence, rating it “Overweight” and setting a lofty $7 price target by December 2025.
KeyBanc remains optimistic about McDonald’s, reaffirming an “Overweight” rating and slightly raising its price target to $340. They adjusted some same-store sales estimates but maintain a positive outlook.
Bank of America sees a turnaround brewing at Check Point Software Technologies and upgrades it to “Buy” from “Neutral,” driven by new leadership shaking things up positively.
JPMorgan reiterates its “Overweight” stance on car giants General Motors, Ford, and Ferrari, although they have trimmed some price targets due to tariff-related jitters and regulatory changes.
Lastly, Mizuho expresses optimism for Chemours, raising it to “Overweight” from “Neutral.” They see potential sunshine for the leader in fluorine-based products after the rain.
Meanwhile, RBC downgrades Lockheed Martin to “Sector Perform” on concerns about budget pressures affecting the defense contractor. They’re especially cautious on the F-35 program amid international sales risks.
