Morgan Stanley has reiterated its overweight ratings on Nvidia and Broadcom, citing a unique memory cycle driven by data center strength, although it notes mixed signals elsewhere. Goldman Sachs initiated coverage of Versigent with a buy rating and a $48 price target, indicating a potential 20% upside.
BMO downgraded Charles Schwab to market perform due to valuation concerns after a 20% rally, while initiating coverage of Crane with an outperform rating and a $253 target, suggesting a 17% upside. Cantor Fitzgerald maintained its overweight rating on Tesla ahead of earnings, emphasizing the potential of its Robotaxi segment.
Barclays upgraded Lumentum to overweight, recommending buying on the dip due to strong fundamentals. Goldman Sachs also upgraded Urban Outfitters and Yeti to buy, citing profit improvement and durable growth outlooks, respectively. Mizuho initiated coverage of BP and TotalEnergies with outperform ratings, projecting significant upside.
CLSA initiated Microsoft and Adobe as outperform, highlighting their strong market positions. JPMorgan initiated coverage of Moog with an overweight rating, projecting a 35% upside.
Other notable calls include Deutsche Bank downgrading Monster to hold, Citizens initiating Gloo Holdings as market outperform, and various other firms initiating or upgrading several companies across different sectors, indicating a dynamic market environment with varied investment opportunities