Big Analyst Calls on Major Companies
- Wall Street analysts made major calls on companies like Nvidia, Apple, Dell, Microsoft, and more.
- Positive sentiments were prevalent towards Nvidia, Apple, and Microsoft.
- However, Meta Platforms received negative sentiment in the analyst calls.
In a recent wave of market analysis, Citi has downgraded TJX to neutral from buy, citing a more balanced risk/reward scenario following the company's earnings report. Meanwhile, Flutter Entertainment continues to be recognized for its robust long-term growth potential, maintaining its position as a leader in the online gambling sector, significantly outpacing its competitors. SentinelOne is reportedly gaining market share, particularly at the expense of CrowdStrike, which analysts believe will lead to stronger revenue growth for the cybersecurity firm. In a notable shift, Morgan Stanley has double-upgraded Unilever to Buy from Underperform, forecasting an organic growth rate of 4.6% from 2024 to 2027, driven by improved market share and favorable sub-category exposure. Additionally, Morgan Stanley has reiterated its overweight ratings for Microsoft and Meta, highlighting a disparity in institutional ownership levels. Wells Fargo has initiated coverage on Disc Medicine with an overweight rating, expressing optimism about the biopharma company's prospects. In the retail sector, Urban Outfitters (URBN) reported better-than-expected sales but fell short of market expectations in comparable store sales. Conversely, Williams Trading has upgraded Crocs to buy from hold, buoyed by the brand's new partnership with actress Sydney Sweeney, which is expected to enhance its appeal among younger consumers. Overall, the market reflects a blend of cautious optimism and strategic repositioning among key players.