Friday stocks from Wall Street analyst calls like Nvidia
Here are Friday’s biggest calls on Wall Street: BMO initiates Honeywell as outperform BMO said Honeywell is firing on all cylinders. “We see additional opportunities through the end of the decade. The ongoing strategic review of the Warehouse and Productivity businesses and spin updates provide upcoming catalysts. The shares have lagged while balance sheet flexibility provides downside protection and bridges to spin.” Wells Fargo reiterates Disney as overweight Wells lowered its price target to $148 per share from $150 but said it’s sticking with the stock. “DIS suffers from a lack of excitement in the narrative. F2Q sees a new leadership team with an opportunity to change that – we touch on the key debates for all 3 segments. This is a pivotal Q, & we remain bullish as growth accels into FH2.’ Evercore ISI upgrades Knight-Swift to outperform from in line Evercore ISI said shares of the transport company are compelling. “We are upgrading KNX to Outperform as we view the company as the one most-levered to the improving fundamental backdrop, yet the stock trades at one of the lowest multiples across the peer group.” B Riley initiates FuboTV as buy The firm said the stock is undervalued. “We are initiating coverage of FuboTV Inc. (FUBO), a consumer-first live television streaming company offering premium sports, news, and entertainment programming, with a Buy rating and 12-month price target of $18 per share.” Deutsche Bank initiates AtaiBeckley as buy Deutsche said the biopharma company is “well-positioned in the psychedelic renaissance.” “Recently, several psychedelic companies have emerged as bona fide drug developers, attracting attention from healthcare/biotech investors who usually invest in conventional therapeutics. We count ATAI among these trailblazers, and believe it will become a leader in the nascent field of psychedelic medicine for mental health conditions.” Needham initiates BioAge Labs as buy Needham said it’s bullish on the biopharma company’s obesity drugs. “We see significant upside to BIOA shares, even after the recent strong stock performance.” Piper Sandler reiterates Tesla as overweight Piper said it’s sticking with shares of Tesla. “Within the next several years, we anticipate a rising contribution from full self-driving (FSD) software.” Bank of America upgrades Tripadvisor to buy from neutral The firm said it likes the activist engagement on the travel stock. “We upgrade Tripadvisor from Neutral to Buy rating as we see a clearer catalyst path for value realization driven by accelerating activist engagement and rising strategic optionality across the portfolio. Wells Fargo reiterates Nvidia as overweight Wells said it sees plenty of upside for Nvidia shares “Our Overweight rating is based on our positive stance on NVIDIA’s competitive positioning in gaming GPUs and expanding growth opportunities in data center, HPC, and emerging / expanding AI opportunities (autonomous vehicles, healthcare, robotics, etc.)” Jefferies upgrades Primo Brands to buy from hold Jefferies said the water company has plenty of levers to pull. ” Primo Brands offers a rare combination of value, growth, and visibility.” UBS upgrades Wheaton Precious Metals to buy from neutral UBS said the precious metals company is entering a “growth phase.” “We upgrade WPM to Buy on an unchanged $160/sh price target.” William Blair initiates nLIGHT as outperform William Blair said in its initiation of nLIGHT that the laser company has plenty of upside. “We estimate that roughly $80 billion is spent annually on U.S. and allied air defense systems, and we expect laser systems to take share from this total addressable market.” RBC initiates Sonida Living as outperform RBC said shares of the senior living company have plenty more room to run. ” Sonida has emerged as the 8th largest U.S. senior housing owner. We are excited to introduce our pro forma model and outlook for this transformative acquisition, highlighting significant added scale, notable earnings accretion, and reduced leverage, which in our view, points to unappreciated value in SNDA’s differentiated real estate platform.” Canaccord initiates NovaGold Resources as buy Canaccord said it’s bullish on the gold mining company. “We initiate coverage o f NOVAGOLD Resources (NG-NYSE Am., NG-TSX) with a SPEC BUY rating and US$13.00 target price.” Nomura upgrades PDD Holdings to buy from neutral Nomura said the multinational commerce group is too cheap to ignore. “We upgrade PDD to Buy with an unchanged SOTP-based TP of USD136 as we find the stock too cheap to remain on the sidelines, trading at merely 8.6x FY26F P/E with half of its market cap (USD69bn) in net cash balance while being able to deliver 11% earnings CAGR over 2026-28F, based on our forecasts.” BMO upgrades Quanta Services to outperform from market perform BMO said the shares are attractive. “Our upgrade of PWR t o Outperform is not just owing to our increasingly bullish outlook for transmission, distribution and generation investment, but rather predicated by our work deriving a more discrete estimate for potential future in-organic EBITDA that we had not previously included in our valuation.” JPMorgan upgrades Argan to overweight from neutral JPMorgran upgraded the nat gas and power plant energy company following earnings. ” AGX reported strong F4Q results, with EPS well above our expectations largely owing to early achievement of substantial completion at the Trumbull Energy Center and later stage construction activities at the company’s solar & storage projects.” Citi reiterates Netflix as buy Citi said it’s bullish heading into Netflix earnings in Mid-April. “We expect 1Q26 revenue and EBIT to modestly beat consensus, primarily due to FX tailwinds. We also expect NFLX t o raise its FY26 guidance due to price hikes and lower M & A expenses.” Wells Fargo reiterates Alphabet as overweight Wells raised its price target on the stock to $397 per share from $387. “We rate GOOGL OW. Believe GOOGL has all the pieces necessary to be an AI winner, with an industry-leading capacity position to support internal efforts (Search, Gemini) and monetize externally through GCP, [Google Cloud Platform] broad distribution network, and vast consumer data.” Read more. Truist upgrades SPX Technologies to buy from hold Truist said it came away feeling more bullish after a series of meetings with management for the heading and cooling company. “We believe SPXC offers investors the best of both worlds: a safer haven assuming the war with Iran is prolonged and higher crude prices result in a downturn, and above average organic top line and earnings growth in the upcycle supported by secular tailwinds in HVAC/data centers and further augmented by strategic M & A, reinforcing SPXC as one of the highest quality industrial compounders.” Wedbush reiterates Apple as outperform Wedbush said it’s sticking with the stock ahead of its 50th anniversary next week. “Apple has represented a cornerstone franchise within the tech landscape portraying a new way for humans and technology to interact while keeping personal data private and becoming the conglomerate most-tied to everyday lifestyles.” Morgan Stanley upgrades Chord Energy to overweight from equal weight The firm said the energy company is a beneficiary of rising oil. “CHRD i s a key beneficiary of higher oil prices, screening well versus peers on FCF and shareholder returns.”