Welcome to Extreme Investor Network, your go-to source for the latest updates and insights in the world of investing. Today, we’re diving into the biggest calls on Wall Street that you need to know about:
Piper Sandler has initiated Couchbase as overweight, stating that the selloff is overdone for the cloud database services software company. With secular drivers for multi-cloud databases remaining compelling, this could be a promising pick for investors.
Bernstein is reiterating Tesla as underperform, standing by its rating on the stock due to concerns about share growth and valuation disconnected from fundamentals. On the flip side, Wolfe is upgrading Newmark Group to outperform, highlighting its strong positioning in commercial real estate advisory.
Williams Trading has upgraded Nike to buy, citing favorable management changes as a key factor. Barclays also upgraded CF Industries to overweight, emphasizing sustainable profits and investment in low-carbon assets.
JPMorgan is upgrading Sphere to overweight, seeing an attractive risk/reward for the Las Vegas entertainment company. Meanwhile, Piper Sandler has upgraded Microchip to overweight, pointing to positive catalysts ahead for the semiconductor chip company.
Looking at downgrades, Wells Fargo has downgraded Lumen to underweight, citing declining revenues for the internet services provider. Raymond James, on the other hand, has upgraded Kimco Realty and Kite Realty to strong buy, bullish on shopping center real estate investment trusts.
Morgan Stanley has named FTAI Aviation a top pick, highlighting the company’s underappreciated growth prospects. The firm also reiterated Walmart as a buy following strong earnings.
In the tech sector, BMO is reiterating Netflix as outperform and Bank of America has reiterating Microsoft as a top pick. Cantor Fitzgerald has upgraded Teradyne to overweight, calling it a “sneakier” AI play in semiconductors.
These are just a few of the top calls on Wall Street that you need to keep an eye on. Stay tuned to Extreme Investor Network for more insights and analysis to help you make informed investment decisions.