Top Analyst Calls for Various Companies
- Wall Street analysts have made significant calls on Nvidia, Tesla, Starbucks, and other companies.
- The calls are expected to impact the stock market and investors' decisions.
- Investors are advised to pay attention to the recommendations provided by the analysts.
Stifel has upgraded Starbucks from a hold to a buy rating, citing the recent appointment of Brian Niccol as CEO. The firm expressed increased confidence in the company's potential for a turnaround and a return to healthier growth. This management shakeup is seen as a pivotal moment for the coffee chain, prompting analysts to reassess its future prospects. Baird has reiterated its outperform rating for Tesla, particularly highlighting the company's promising energy segment. Meanwhile, Goldman Sachs has upgraded nCino from neutral to buy, forecasting a "growth reacceleration" for the fintech software firm. The investment bank has set a new 12-month price target of $42, up from $34, reflecting its bullish outlook on nCino's performance. Wells Fargo upgraded EQT to overweight from equal weight, following its merger with Equitrans Midstream, indicating a positive outlook for the natural gas company. Bernstein, while lowering its price target for Chipotle from $80 to $70, has reiterated its outperform rating, signaling continued confidence in the fast-casual dining chain despite the adjustment. Morgan Stanley downgraded Intuit to equal weight from overweight due to concerns over its growth trajectory, while Stifel downgraded Medtronic to hold from buy, citing delays in positive developments. Conversely, Bank of America reaffirmed its buy ratings for off-price retailers Ross, TJX Companies, and Burlington, indicating a watchful eye for signs of sustained margin improvement and volume growth ahead of their earnings reports.