Analyst Calls for Top Stocks
- Top analyst calls made for Nvidia, Amazon, AMD, Exxon, and more on Tuesday.
- Wall Street gets insights and recommendations on major stock picks.
- Investors are paying attention to expert opinions for potential investment opportunities.
On Tuesday, Goldman Sachs initiated coverage of MediaAlpha (MAX) with a "Buy" rating and a 12-month price target of $20, expressing optimism about the ad tech platform's potential. Meanwhile, Morgan Stanley reaffirmed its "Overweight" rating on Nvidia, indicating confidence in the tech giant's continued performance in the market. Barclays also entered the fray by initiating coverage of LATAM Airlines with an "Overweight" rating, citing the company's successful restructuring and favorable market conditions as key factors for future profitability. Additionally, JPMorgan upgraded Vista to "Overweight" from "Neutral," highlighting the oil and gas company's unique positioning in Argentina's market. In other notable moves, Bernstein upgraded Biomarin to "Outperform" from "Market Perform," anticipating positive developments ahead of the company's investor day in early September. JPMorgan reiterated its "Best Idea" status for Amazon, noting the stock's impressive 17% year-to-date increase and potential catalysts for further growth in the coming months. Morgan Stanley raised its price target for Palo Alto Networks to $390 per share, maintaining an "Overweight" rating following strong earnings. Lastly, JPMorgan named Mastercard a top pick, citing improved visibility into revenue and guidance as reasons for its bullish stance. These updates reflect a dynamic landscape on Wall Street, with analysts expressing confidence in various sectors and companies.