Key Market Insights and Gossip from Wall Street on Monday

Are you interested in staying up-to-date on the latest analyst calls and Wall Street chatter? Look no further than Extreme Investor Network! Our experts provide unique insights and valuable information that you won’t find anywhere else.

Let’s dive into some of the top analyst calls from today:

1. **Morgan Stanley names Progressive a top pick**: Insurance stock Progressive still has plenty of room for growth, according to Morgan Stanley analyst Bob Jian Huang. Despite already being up more than 30% year to date, Huang believes that Progressive’s valuation remains attractive compared to other growth stocks.

2. **Morgan Stanley names Hasbro a top pick**: Analyst Megan Alexander thinks Hasbro is set to breakout after underperforming. With a $77 price target, this toy stock could see more than 28% upside from Friday’s close.

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3. **Analysts increase Dell price targets**: JPMorgan and Bernstein analysts have raised their price targets on Dell, citing potential for further upside. With a focus on AI servers, AI storage attach, and AI PCs, Dell could continue to deliver strong results in the future.

4. **Jefferies initiates U.S. Steel over ‘structural shift’ in market**: Jefferies believes that U.S. Steel is well-positioned to benefit from a “structural shift” in the steel market. With a buy rating and a $45 price target, there could be more than 25% upside from Friday’s close.

5. **Analysts increase Nvidia price targets ahead of earnings**: Several analysts on Wall Street have raised their price targets on Nvidia ahead of the company’s first-quarter results. Stifel, Baird, and Barclays all see significant upside potential for the AI bellwether.

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6. **Morgan Stanley upgrades Micron Technology**: Morgan Stanley has upgraded Micron Technology to equal weight from underweight, with a price target of $130 per share. Analyst Joseph Moore believes that the company’s high bandwidth memory products could drive sustained pricing strength.

7. **UBS upgrades Universal Health Services**: Analyst AJ Rice upgraded Universal Health Services to buy from neutral, with a price target of $226. Rice believes that recent developments and improving operational results make UHS a strong investment opportunity.

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