Listed here are Tuesday’s greatest calls on Wall Avenue: Loop initiates MongoDB as purchase Loop sees development accelerating for the developer information platform firm. “We are initiating coverage of MongoDB with a Buy rating and $415 PT.” JPM reiterates Normal Motors and Ford as obese JPMorgan mentioned the shares will profit from “lower commodities & higher production outside China.” “Prefer GM & F to TSLA & RIVN on Undemanding Valuation.” KeyBanc reiterates Nvidia as obese Nvidia stays a high thought on the agency. “From a stock perspective, we recommend positioning in stocks indexed to gen AI and/or are further through the destocking process and thus favor MU, NVDA, and QCOM.” BMO reiterates Amazon as outperform BMO raised its value goal on Amazon to $215 per share from $205. “We raise our ’24 AWS growth to 15% (from 14%) on an uptick in demand from gen AI workloads and shift away from on-prem IT spending as companies move from optimizations to incremental workloads positions AWS well for potential ’24 acceleration.” Wells Fargo upgrades Datadog to obese from equal weight Wells mentioned it sees “many way” for upside for the cloud software firm. “We are upgrading DDOG to OW, raising our PT to $150 (prev. $130) as cost optimization comes to an end. D.A. Davidson adds Salesforce to the best-of-breed list D.A. added several software stocks to its top picks list on Tuesday. “We’re including SNOW, FROG, DDOG, SPSC, MANH, NICE, and CRM to D.A. Davidson’s Greatest-of-Breed Bison (BBB) listing.” JPMorgan upgrades Assai to overweight from neutral JPMorgan said it sees improving trends and better visibility for the Brazilian wholesaler. “Assaí – Upgrading to OW on higher operations, visibility, and deleveraging.” Wells Fargo reiterates Disney as overweight Wells raised its price target on the stock to $141 per share from $128. “With the proxy battle over, we predict DIS mgmt will concentrate on execution, incl. DTC margins and transitioning Sports activities. Parks are buzzing, whereas inventive and succession are the large To Dos.” Berenberg upgrades STMicroelectronics to buy from hold Berenberg said “end-market weak spot” is already priced into the semis company. “On this word, we improve STM to Purchase as a result of we imagine the end-market weak spot (industrial and shopper, and auto to a sure extent) has already been priced into the share value.” Morgan Stanley reiterates Harley-Davidson as overweight After a change in analyst coverage, the firm says it’s standing by its overweight rating on the stock. “An iconic model with a revamped enterprise mannequin, refocused technique, and incentivized administration, we see HOG shares as cheap relative to its earnings potential.” JPMorgan upgrades Roblox to overweight from neutral JPMorgan said it sees a “compelling entry level” for the stock. “We’re upgrading Roblox (RBLX) to Chubby and elevating our December 2024 value goal to $48. Evercore ISI reiterates Alphabet as outperform Evercore mentioned it is bullish on the inventory heading into earnings later this week. “We are constructive on GOOG into the print.” Barclays reiterates Apple as underweight Barclays mentioned it’s extremely cautious heading into Apple earnings on Could 2. “We see an in-line Mar-Q. We expect June-Q guide will miss Street estimates due to softening hardware demand, which would continue a multi-quarter trend for AAPL. ” Barclays reiterates Tesla as equal weight Barclays mentioned it sees Texas as key to the corporate’s robotaxi technique. “Although considerable uncertainty remains around the specifics, it’s clear that there has been a shift within Tesla towards a stronger pursuit of Robotaxi.” Rosenblatt initiates Good as purchase Rosenblatt mentioned the shopper expertise platform firm is effectively positioned for AI. “We believe NICE is well positioned across the large and mid enterprise market to take share from legacy players due to an increase in demand for AI and automation in the contact center.” Oppenheimer reiterates Church & Dwight as outperform The agency mentioned it is bullish on inventory heading into earnings on Could 2 and that it stays a high choose. ” CHD shares have traded mixed following recent prints. We would take advantage of any profit taking should it materialize.” JPMorgan provides Albertsons to the main target listing JPMorgan added Albertsons to the main target listing following the corporate’s earnings report on Monday. “We also add the stock to J.P. Morgans Positive Catalyst Watch and Analyst Focus List (Value) as we believe the gap between the current share price and fair value is too wide.” KeyBanc downgrades Sunnova to sector weight from obese Key mentioned the photo voltaic firm stays beneath an excessive amount of stress and sees slowing money development. “Despite an undemanding valuation at present, we are downgrading NOVA to SW and removing our PT. The overall residential solar landscape in the U.S. remains challenging due to the combination of lower energy prices and elevated financing costs.” Evercore ISI upgrades First Photo voltaic to outperform from in line Evercore mentioned the photo voltaic firm might be a beneficiary of elevated tariffs. “We believe FSLR will be one of the main beneficiaries of new/higher tariffs.” Truist upgrades Penn Leisure to purchase from maintain Truist mentioned in its improve of the gaming firm that the chance/reward is now too enticing to disregard. “We’re upgrading PENN to Buy (from Hold), largely on risk/reward, given we effectively see zero to negative value ascribed for ESPN Bet at current trading levels.” JPMorgan downgrades 5 Beneath to impartial from obese JPMorgan downgraded 5 Beneath as a consequence of “ongoing macro pressure.” “Our work points to an underlying low-to-mid-teens EPS growth profile multi-year post ~100bps of operating margin recapture through FY26.” Benchmark initiates Qualcomm as purchase Benchmark mentioned the inventory is effectively positioned as an AI chief. “We believe Qualcomm is particularly well positioned to capitalize on the industry’s trends of shifting AI computational inferencing workloads to the very edges of the network, where the company is leveraging its strengths in wireless connectivity…” Wolfe downgrades Warner Brothers to underperform from peer carry out Wolfe mentioned in its downgrade of the media firm that it is involved about slowing development. “With ~80% of EBITDA from linear TV and merger synergies done, we fear that EBITDA peaked in ’23. Warner and HBO/Max need fuel to grow, or a new White House to sell. We downgrade WBD to Underperform, from Peer Perform, Price Target $7.” Oppenheimer upgrades AtriCure to outperform from market carry out Oppenheimer upgraded the fibrillation therapy options firm and says it sees a “tactical” threat/reward. “We are upgrading AtriCure to Outperform from Perform with $32 PT.”
![[Watch] Throwback to when 12-year-old Sarfaraz Khan hammered 439 runs within the…](https://whizbuddy.com/wp-content/uploads/2024/01/3549e-17065965422118-1920-600x600.jpg)
