Rosenblatt has initiated coverage of SanDisk (SNDK) with a Buy rating and a 12-month price target of $2,400, citing strong operational performance. Needham also initiated GE Healthcare Technologies (GEHC) as a Buy, suggesting that the stock is undervalued and presents an attractive risk/reward scenario.
Melius initiated coverage on Kinder Morgan and Williams Companies, highlighting their evolution into high-yield utility hybrids driven by AI data center growth and global LNG exports. KeyBanc upgraded Plexus (PLXS) to overweight with a $300 price target following positive investor meetings.
Bernstein reiterated its Outperform ratings on Nvidia (NVDA) and Broadcom (AVGO), emphasizing their potential for strong growth despite market constraints. Piper Sandler upgraded MetLife (MET) to overweight, noting its undervaluation and strategic execution in the life insurance sector.
BMO reiterated Netflix (NFLX) as outperform, supported by survey data showing its dominance in streaming, while Jefferies raised its price target on Meta to $875, citing strong consumer adoption of its new app, Muse. Citi upgraded Fifth Third (FITB) to Buy, benefiting from higher interest rates, and Stifel initiated Rush Street Interactive (RSI) with a Buy rating.
Other notable calls include upgrades for West Pharmaceutical Services (WST) and Eldorado Gold (EGO), while Morgan Stanley downgraded Ericsson due to limited revenue growth prospects. Overall, these analyst calls reflect a mix of optimism in certain sectors and caution in others, providing investors with insights into potential market movements and investment strategies