Top Analyst Calls for Nvidia, Apple, Target, and Supermicro

In a series of recent stock evaluations, Seaport has upgraded TRUE shares to a "BUY" rating from "Neutral," setting a price target of $3.75, citing an attractive entry point for investors. Conversely, the firm downgraded Retail to "Neutral" from "Positive," attributing this shift to a decline in inventory margin recapture as promotional activities intensify and consumer demand weakens. TD Cowen has also made notable adjustments, downgrading Molson Coors from "Buy" to "Hold," indicating that the beer market is losing its share gains. Additionally, Wells Fargo downgraded Amgen from "Overweight" to "Equal Weight," stating that the company's growth thesis has "played out." The firm also expressed concerns regarding the revenue growth and margins of Brand Tripadvisor, leading to a downgrade from "Buy" to "Neutral." On a more positive note, Wells Fargo upgraded GMED from "Equal Weight" to "Overweight," raising its price target from $60 to $78, as the integration with NuVasive is reportedly progressing better than anticipated. The firm has also named Uber a top pick following its earnings report, highlighting the ride-sharing company's strong performance. In other developments, TD Cowen initiated coverage of Abacus Life with a "Buy" rating, praising its attractive business model. Bank of America reiterated its "Buy" rating for Apple, citing strong App Store revenue, while Citi expressed optimism for Target ahead of its earnings report. Meanwhile, Bank of America downgraded Super Micro Computer to "Neutral" from "Buy," anticipating margin pressures following its recent earnings announcement.