Evercore ISI has reiterated its Outperform rating on Netflix, raising its price target from $100 to $110, indicating a potential upside of approximately 45% from the current price of $76. This adjustment follows comprehensive survey work in the U.S. and Japan.
Meanwhile, JPMorgan has maintained an overweight rating on Apple but noted that early delivery tracking for the iPhone 18 is lower than that of the iPhone 17 during its first week, which could signal weaker demand. UBS upgraded Allegiant from neutral to buy, citing significant expected earnings growth from the merger with Sun Country.
Bernstein continues to recommend Nvidia and Broadcom as outperform, encouraging investors to buy on any weakness, while Baird has designated Valvoline as a fresh pick after a 25% pullback. Melius downgraded GE Aerospace and Honeywell Aerospace to hold, anticipating negative changes ahead.
Other notable moves include JPMorgan upgrading Iren to overweight due to its partnership with Nvidia, and Wolfe upgrading Affirm to outperform based on compelling risk/reward dynamics. Overall, these analyst calls reflect varying outlooks on growth and demand across different sectors, which could impact stock prices and investor strategies moving forward