Here are the biggest calls on Wall Street on Wednesday:

Goldman Sachs reiterates Tesla as neutral

Goldman says it sees “difficult conditions ahead” for Tesla.

“We remain Neutral rated on the stock, and we lower our 12-month price target to $320 from $345. We continue to expect Tesla to face difficult fundamental conditions in the near-term, and our EPS estimates are below the Street for 2025.”

Bank of America reiterates Nvidia as buy

The firm added the stock to its global contenders list and says it sees above average earnings momentum.

“NVIDIA is a Contender this month.”

Bank of America reiterates Apple as buy

The firm says it’s sticking with the stock following data that shows App Store revenue increasing.

“Our Buy rating on Apple is based on 1) expected strong iPhone upgrade cycle in F25, F26 driven by the need for latest hardware to enable Gen AI features, 2) higher growth in Services revenue...”

William Blair upgrades Palantir to market perform from underperform

The firm upgraded the stock mainly on valuation and says investors should buy the dip.

“We are upgrading our rating on shares of Palantir to Market Perform after the 33% DOGE driven selloff from $125 to $84 over the past three weeks.”

Evercore ISI reiterates Broadcom as outperform

Evercore says it’s standing by Broadcom ahead of earnings on Thursday.

“We view the set-up as balanced heading into its JanQ earnings call scheduled for Thu, 6-March after the market close.”

Bernstein reiterates Eli Lilly as outperform

The firm says it’s sticking with the biopharma company with a “catalyst-rich year” still ahead.

“2025 is a catalyst-rich year for LLY with at least 6 high-impact data read-outs that would be supportive of the stock...”

HSBC downgrades T-Mobile to hold from buy

HSBC downgraded the stock mainly on valuation.

“TMUS shares are up 24% YTD, 69.4% in the last 12 months, and 197.3% over the last five years (+24.4% CAGR), vs the S&P 500 index down 0.3%, up 15.5%, and up 102.0%, respectively.”

Loop upgrades Royal Caribbean to buy from hold

Loop upgraded the cruise company following its analyst day.

“We are raising our rating on Royal Caribbean, RCL, from Hold to Buy after an analysts’ day outlook that was better than we expected.”

Guggenheim upgrades GE Vernova to buy from neutral

Guggenheim says the renewables company has pricing power.

“GEV continues to make additional headway in its power business, as new pricing actions are set to flow through the company’s business model later this decade and backlog continues to extend.”

JPMorgan upgrades Intuit to overweight from neutral

JPMorgan says the tax software company has an attractive entry point.

“As mentioned, INTU shares are trading at levels below where they were ~3.5 years ago and, over that same period, have underperformed the S&P 500 by ~3,700 bps.”

UBS upgrades Barrick Gold to buy from neutral

UBS said in its upgrade the gold miner that it has a “compelling value.”

“We upgrade Barrick to Buy as we remain constructive on gold and after material underperformance/de-rating in absolute terms & vs gold stocks we think ABX offers compelling value.”