Welcome to Extreme Investor Network, where we provide expert insights and analysis on the latest trends in the world of investing. Today, we are diving into Thursday’s biggest calls on Wall Street to help you stay ahead of the curve.
Citi has upgraded Prime to a buy from neutral, citing a “favorable” risk/reward outlook for the gene editing company. With cash runway into 2H25 and a management team focused on burn management, Prime is positioned well for future growth.
Piper Sandler is reiterating Nvidia as overweight ahead of earnings on May 22, highlighting the Blackwell series as a potential revenue accelerator. JPMorgan is also sticking with its overweight rating on Netflix following recent announcements, including rights to Xmas Day NFL games.
Wolfe has upgraded Intel to peer perform from underperform, noting that its bear thesis has played out. Piper Sandler is bullish on Quaker Houghton, initiating coverage with an overweight rating and a price target of $220.
Truist sees a solid shareholder return story for Coterra Energy, forecasting potential FCF generation of $2.5B+ in 2025. JPMorgan is bullish on Palo Alto Networks, raising its price target to $340 per share.
JMP is reiterating Robinhood as market outperform, highlighting its role as a proxy for retail trading activity. Goldman Sachs is standing by FedEx as a buy heading into earnings in late June.
Evercore ISI is reiterating Dell as outperform, citing incremental business wins for Tesla’s AI server build. UBS has upgraded Coupang to buy from neutral, noting that the market may be underestimating the Asian e-commerce company.
Wells Fargo has initiated Texas Instruments as overweight, citing potential for chip cycle recovery. RBC has reinstated Jack in the Box as outperform, touting its return to growth and attractive valuation.
Wells Fargo is reiterating Tesla as underweight, indicating that the China market may pose challenges. Raymond James is upgrading GoodRx Holdings to outperform, citing revenue reacceleration and attractive valuation.
In a tactical shift, Wolfe has added Advanced Micro Devices to its Alpha List while removing Nvidia. Bank of America is reiterating SharkNinja as a buy, highlighting accelerating growth potential. The bank has also upgraded Trupanion to buy from neutral, with improved margins driving upside.
Argus is upgrading Wayfair to buy from hold, noting its strong position in the online home furnishings market. With these insights, you can make informed investment decisions and stay one step ahead in the ever-changing world of finance. Stay tuned to Extreme Investor Network for more expert analysis and market updates.