Here are Monday’s biggest analyst calls: Nvidia, Tesla, Apple, Disney, Sunrun, Carmax, Eli Lilly, MP Materials & more – CNBC
Here are Monday’s biggest calls on Wall Street: Jefferies reiterates Apple as hold Jefferies said its checks show Apple’s iPhone volume has likely peaked. “iPhone has been super strong in China driven entirely by 17, and due mostly to pricing.” Goldman Sachs upgrades Piper Sandler to buy from neutral Goldman said it’s bullish on the capital markets and financial services company. “We upgrade PIPR to Buy (from Neutral), with a $386 price target, or 17% upside (vs. 14% on average across our IBanks coverage), and 19% total return, inclusive of a 2% dividend yield.” Deutsche Bank upgrades MP to buy from hold Deutsche said it sees an attractive buying opportunity. “We believe MP now represents a buying opportunity for investors wanting to have exposure to the thematic of critical minerals and Rare Earth on the medium to long-term. MP is the only player in the West as a fully integrated Rare Earth company, which is also backed up by the US government.” Read more. Morgan Stanley reiterates Disney as overweight Morgan Stanley said it sees a “big year ahead” for the entertainment giant. “We believe Disney World is performing well despite new competition, ESPN’s streaming launch appears off to a strong start, and the sports ad market is robust.” Citi upgrades Celestica to buy from neutral Citi said the electronics manufacturer deserves a “premium.” ” CLS reported strong Sep-Q results with rev growth Y/Y / EPS of +28%/ $1.58, well ahead of consensus for +21%/ $1.49.” Citi reiterates Nvidia as buy Citi opened a positive catalyst watch and raised its price target to $220 per share from $210. “We open an Upside 30-day ST View on NVDA shares on ‘beat and raise’ results. Maintain Buy.” Read more . Guggenheim upgrades Sunrun to buy from neutral Guggenheim said shares are compelling at current levels. “We are upgrading our investment recommendation for RUN to Buy from Neutral, and establishing a $27 price target. We believe that the stock’s recent weakness has provided an attractive entry point, and also that prospects for capital returns in 2026 are solid.” Citizens JMP upgrades LendingClub to market outperform from market perform. Citizens said it sees a slew of positive catalysts ahead for the stock. “We upgrade our rating on LendingClub to Market Outperform from Market Perform as more clarity around material growth drivers, stable credit performance, favorable funding channels, stickier deposits, and entry into a new asset class lead us to become constructive on the shares.” Read more . Citizens JMP upgrades Teradata to market outperform from market perform Citizens said it sees robust free-cash flow., “We are upgrading Teradata from a Market Perform to a Market Outperform rating with a $42 price target as the company has repositioned itself to drive growth in free cash flow per share over the next several years and after stock has fallen 11% year to date versus a 14% increase for the Russell 3000.” TD Cowen initiates Kodiak AI as buy TD Cowen said the autonomous vehicle tech company is well positioned. “We initiate coverage of Kodiak AI with a Buy rating and $14 price target.” Raymond James upgrades Viasat to outperform from market perform The firm said it sees “substantial upside” for the satellite company. “We believe Viasa t is very open to spinning off its higher multiple Defense & Advanced Technologies (DAT) segment.” Piper Sandler upgrades Terreno Realty to overweight from neutral Piper said it’s bullish on the industrial real estate investment trust company. “Upgrading TRNO to OW from Neutral as bi-coastal infill last mile is back. Given management is usually understated, their enthusiasm following 3Q25 results stood out as they see tenants becoming more engaged, since pulling back with Liberation Day. LA and, to a lesser extent, NJ remain two weaker markets, as both work through excess space taken during the pandemic.” Seaport upgrades Array Technologies to buy from neutral Seaport said the solar tracking technology company is a turnaround stock. ” ARRY’s advancing turnaround converges with brightening utility-scale solar outlook; Upgrading from Neutral to Buy and setting a PT of $12.” Guggenheim upgrades Paylocity to buy from neutral Guggenheim said buy the dip in the software company. “We are upgrading the shares of PCTY to Buy from Neutral and introducing a Price Target of $180, representing 27% potential upside as of 11/7 market close.” Morgan Stanley downgrades JD.com to underweight from equal weight Morgan Stanley said it sees too many negative catalysts. “Tapering trade-in effects and incessant investment in new businesses are set to significantly slow JD’s revenue growth and structurally erode its margins and ROE in the long term – hence weakening its ability to improve shareholder return. Downgrade to UW.” William Blair reiterates Tesla as market perform William Blair said the stock is fairly valued at current levels. ” Tesla shareholders are taking a sigh of relief after Elon Musk’s new performance package was approved, securing him at the helm for the foreseeable future.” Morgan Stanley downgrades CarMax to equal weight from overweight The firm said it’s concerned about slowing volume growth for CarMax. “We stuck with our OW last quarter on the thesis that expectations had been materially reset and that the company could execute ahead of a lowered bar. That was not the case. The pre-announcement of the deterioration in volume growth along with commentary around steeper depreciation curves impacting wholesale margins demonstrated that the trajectory of execution worsened rather than improved.” Leerink upgrades Eli Lilly to outperform from market perform Leerink said the company is still an obesity beneficiary. “We are upgrading LLY shares from MP to OP because we expect multiple waves of obesity treatment adoption drivers, led by significantly expanded Medicare and Medicaid access by January 2027 and LLY’s launches of orforglipron in 2027, retatrutide, and eloralintide to strengthen the company’s leadership position. Oppenheimer initiates DigitalOcean as outperform Oppenheimer said the stock is a “turnaround story.” “We are initiating coverage of DigitalOcean ( DOCN) with an Outperform rating and a $60 PT.” Monness Crespi Hardt & Co upgrades Coinbase to buy from neutral The firm said Coinbase is firing on all cylinders. “We are upgrading to Buy, keeping estimates unchanged for C25, slightly pushing up C26, and establishing a $375 price target we think downside absent a full winter likely proportional to upside here.” Monness Crespi Hardt & Co initiates Circle as buy Monness said Circle has a wide moat. “A large opportunity with market fit seemingly coming along… however, the right now of the economics of the business are unmistakably skewed toward crypto native commerce and trading.”
