Here are Monday’s biggest analyst calls: Nvidia, Apple, Tesla, Micron, AMD, DoorDash, CrowdStrike & more – CNBC
Here are Monday’s biggest calls on Wall Street: Jefferies reiterates Cohu as buy Jefferies said it sees an attractive risk/reward for the semis testing and equipment company. “We initiate COHU with a Buy/$55 PT, viewing the company as an emerging enabler of higher-complexity semi test.” Rothschild & Co Redburn upgrades Rollins to buy from neutral The firm said in its upgrade of Rollins that it sees a compelling entry point. “We see the current share price as an attractive entry point and upgrade to Buy with a price target of $66.00 (from $51.90), implying 16% upside.” KeyBanc upgrades MSC Industrial Direct to overweight from equal weight KeyBanc said the industrial company has strong operating leverage. “We hosted investor meetings with MSM’s new CEO Martina McIsaac and are upgrading the shares to OW, from SW, with $117 PT.” Citi initiates HMH Holding as buy Citi said the offshore drilling company is well positioned. “We initiate coverage of HMH with a Buy/High Risk (1H) rating and a $30 target price.” Barclays upgrades Nutrien to overweight from equal weight Barclays said the company is a beneficiary of the Iran war. “We continue to expect strength in the nitrogen segment due to the Iran conflict, leading us to upgrade NTR to OW from EW, while raising our price target to $85 (from $80).” JPMorgan initiates Matson as overweight JPMorgan said the ocean carrier and logistics company has a “strong moat.” “We initiate coverage of Matson, Inc. (MATX) with an Overweight rating and a $230 price target, implying ~30% upside potential.” JPMorgan initiates Powell Industries as overweight JPMorgan said the custom-engineered electrical distribution company has manufacturing “excellence.” “We are initiating coverage of Powell Industries (POWL) with an Overweight rating and a $310 price target, reflecting ~25% upside from current levels.” Bank of American reiterates Nvidia as buy Bank of America said the stock could be well positioned for another “rerating catalyst.” “With the bulk of ecosystem investments likely complete, NVDA could pivot towards shareholder returns that could: 1) broaden stock ownership across dividend/income-oriented funds, 2) alleviate concerns around unexcepted large M & A and noisy vendor financing…” Baird reiterates Apple as outperform Baird is sticking with the stock ahead of earnings later this week. “While a seemingly daunting gross margin headwind, AAPL has a long track record of managing supply chain challenges well; at worst, we think pressures could be offset by revenue upside.” Deutsche Bank reiterates Tesla as buy Deutsche said it’s sticking with its buy rating but th at Tesla shares are losing “sustained momentum.” “Following a surprisingly large 1Q beat financially, the deployment of robotaxi and Optimus appear to be slower than anticipated. … .Nevertheless, we acknowledge it will be difficult for the stock to gather sustained momentum until some of these major physical AI efforts show meaningful progress on the commercial/operational front.” Bernstein downgrades Campbell’s to market perform from outperform Bernstein said its thesis has not played out for Campbell’s. “We are waving the white flag, as our upgrade thesis from May 2024 clearly hasn’t played out. Our downgrade thesis centers on underperformance in Soup, ongoing challenges in the Cape Cod and Kettle potato chip brands, & middling performance in Pepperidge Farm.” Chardan initiates Galaxy Digital as buy Chardan said the bitcoin mining company is attractive. ” Galaxy offers exposure to the digital asset ecosystem through a broad offering of institutional-focused financial services, which we think positions the company favorably ahead of integration with traditional financial markets and institutional adoption.” Rothschild & Co Redburn upgrades Snap to buy from neutral and downgrades Pinterest to neutral from buy The firm said Snap is evolving as a company. Rothschild also downgraded Pinterest citing a lack of upside potential. “We upgrade Snap to Buy as we are encouraged by the increasing diversity of the top line and the moves the company is making on costs, with the core likely having turned GAAP breakeven in FY25 and set to be meaningfully profitable in FY26. … .Combined with structural concerns regarding Pinterest having the least potential for revenue diversification of the three second-tier ad platforms, we therefore downgrade to Neutral.” Wolfe initiates Rush Enterprises as outperform Wolfe said the trucking company is “high quality.” “We’re launching coverage today of RUSHA with an Outperform rating. We believe RUSHA is a high-quality play on the trucking cycle with high-end historical EPS growth and stock outperformance over time.” Jefferies initiates Rubrik as buy Jefferies said it sees “sustainable growth” for the cyber security company. “As a cyber resilience leader, RBRK i s well positioned for LT sustainable growth, driven by the secular tailwinds of ransomware, SaaS/cloud workloads, & data growth.” Read more. Wolfe upgrades Visteon to outperform from peer perform Wolfe upgraded the stock following earnings. “Following trough 1Q26 results, Visteon’s organic growth and EBITDA margins should materially improve in 2H26, along with FCF, as it ramps up new business and recovers input cost inflation.” TD Cowen initiates DoorDash as buy The firm said the stock is a share gainer. “We initiate on DASH with a Buy rating and $225 price target.” Read more. Mizuho upgrades CrowdStrike to outperform from neutral Mizuho said it sees robust demand. “We have grown more constructive on CRWD’s fundamentals in recent months. Our checks have become more favorable, and indicate very healthy demand across the platform.” Melius initiates Micron and SanDisk as buy Melius said both stocks are firing on all cylinders. “We are initiating coverage of Sandisk and Micron with Buy ratings and 2-year targets of $1,350 (36% upside) and $700 (41% upside), respectively.” Northland downgrades Advanced Micro Devices to market perform from outperform Northland said it’s downgrading the stock based on valuation. “We initiated coverage of AMD 11 years ago with an OP, and people thought we were clueless. At the time, AMD was catching up to Intel, and Intel was falling behind TSMC. Now Intel is catching up to AMD and TSMC is partnering with NVDA in AI infrastructure and PCs. We think this limits AMD’s GM expansion, and R & D spending will likely remain elevated.” Bank of America initiates Guardian Pharmacy Services as buy Bank of America said the pharmacy services company is a “rare share gainer.” “We are initiating coverage of Guardian Pharmacy Services (GRDN) with a Buy rating and a $42 price objective.”
