Citi has reaffirmed its buy rating on Nvidia, citing strong access to DRAM memory amid industry supply constraints, positioning it as a top pick in the data center semiconductor space. RBC initiated coverage of Waters with an outperform rating and a $435 price target, suggesting a potential turnaround for the company.
Wolfe upgraded Sarepta and American Tower to outperform, indicating confidence in their growth prospects. Mizuho raised price targets for Applied Materials and reiterated its outperform rating, driven by AI demand. Goldman Sachs initiated coverage of Comfort Systems with a buy rating, projecting a 28% upside, while also upgrading Toast to buy, encouraging investors to capitalize on recent dips.
Conversely, JPMorgan downgraded Stellantis to neutral, citing limited upside due to ongoing operational challenges. KeyBanc's downgrade of Salesforce to sector weight reflects negative survey feedback, indicating potential struggles ahead. Overall, these calls reflect a dynamic market environment where analysts are adjusting their outlooks based on company performance and broader economic trends