Here are the biggest calls on Wall Street on Monday:
Bernstein is bullish on both stocks in 2025.
“Our top AI picks remain NVDA (still the best way to play AI and right at the start of a new
product cycle), and AVGO (benefiting from their own potential ‘Nvidia’ moment as well as a significantly-reset core and significant VMware accretion on the way).”
Piper says the cyber security company is a top pick in 2025.
“FTNT - OW, $120 PT; Best way to play the firewall refresh in 2025.”
UBS says its analysis of Apple App Store revenue shows growth ticked higher.
“The December quarter marks the sixth consecutive quarter of low- to-mid teens growth and more notably in our view, the second straight quarter of solid growth against tough comps.”
The firm is bullish on AT&T in 2025.
“Upgrading to Outperform on Greater Confidence in Growth Initiatives and Shareholder Return Prospects.”
The firm sees the “growth premium narrowing” for the stock.
“We’re downgrading TMUS to Equal Weight and lowering our PT to $220 ($240 prior). With EBITDA and FCF growth rates decelerating—and TMUS’s relative premium well above historical levels — we think the risk/reward is less favorable looking into 2025.”
The firm says Amazon is a top idea in 2025.
“We see potential for acceleration in Cloud revenue growth (while Large Cap media is likely to decelerate), further Retail margin improvement, and expect a strong ramp for Prime Video advertising in 2025.”
The firm raised its price target to $516 per share from $511.
“Microsoft has become far less crowded over the last year due to investors’ concerns about
CAPEX and the ability of MSFT to convert CAPEX to revenue.”
The firm says the brokerage company is well positioned for growth.
“UP Fintech (TIGR) is a leading integrated online brokerage company offering a diverse range of investment products across multiple markets. It serves investors in Singapore, New Zealand, Australia, and the United States, and has recently expanded into Hong Kong.”
BMO says the restaurant payment company is a long-term winner.
“We initiate coverage of Toast at Outperform with a $45 target.”
The firm upgraded the coffee stock, saying better late than never.
“While not our preferred approach to upgrade a stock following such a strong move (BROS +61% since Q4 report vs. S&P 500 roughly flat), we are optimistic BROS still has plenty of opportunity to deliver outperformance over the next 6-12+ months.”
Shares of the data center infrastructure company are too attractive to ignore according to Morgan Stanley.
“Initiate coverage of Vertiv (VRT) at Overweight w/ a $150 PT.”
The firm is bullish on both timeshare companies.
“We are launching coverage of Timeshare companies Travel+Leisure (TNL), Hilton Grand Vacations (HGV) and Marriott Vacations (VAC) as part of our gaming & lodging coverage.”
Deutsche says the stock has an “undemanding valuation.”
“HPE’s (standalone) business is seeing positive inflections across its core segments, both AI/traditional server sales improving (Server is ~55% of total sales today), alongside better results in its Hybrid Cloud and (own) Networking businesses.”
The firm is concerned the company is not showing enough innovation.
“CRM has rallied ~30% in the 4 mos since it introduced Agentforce on its 8/28/24 F2Q25 conference call, relative to the IGV’s 19% gain and S&P’s 6% gain over that timeframe.”
Bank of America called the company a “best in class dental asset.”
“We upgrade HSIC to Buy from Underperform. We think HSIC stands out as a best-of-breed dental asset strategically positioned to compound EPS at healthy rates, which the company accomplished during the entire decade before Covid.”
Bank of America says it’s bullish on growth in 2025 for the healthcare stock.
“We are upgrading shares of Cardinal Health (CAH) from Neutral to Buy. Cardinal’s organic growth in the core pharma segment has begun to outpace peers, and we believe growth is likely to exceed Street expectations over the next year.”
The firm says the pet company is “entering beast mode” in 2025.
“We upgraded shares of Chewy (CHWY) to Outperform with a $42 PT as part of our 2025 industry outlook, checking several boxes on our thematic list.”
BMO says it’s bullish on the owner of Michael Kors.
“We upgrade CPRI on what we see as too-negative/uninterested sentiment. Perhaps peculiarly, we aren’t upgrading on strength/inflection (may be early); instead on expected share upside as 1) sales, 2) margins, and 3) debt pressures turn ‘less-bad.’”
Barclays says it sees several positive catalysts ahead for the stock.
“Our thesis for Large-Cap Bank stocks in 2025/26 centers around accelerating earnings growth, higher investment banking fees, healthy operating leverage, increasing ROTCE, greater capital return, and P/E multiple expansion. We expect C to amplify these drivers.”
Barclays says it’s warming up to Boeing shares for the first time since 2019.
“Like the past several years, we see aero generating positive relative EPS growth and further outperformance in 2025. However, this time we see the upside being weighted more towards [original equipment] than aftermarket.”
Melius says it likes the stock in 2025.
“But even Cisco could get some sizzle here as good ’ol corporate networks need to be upgraded to implement applications that make them more productive.”
The firm says the airline is an underdog.
“We upgrade AAL to Buy with $20 PT at just 5X ’26 EBITDAR and 7.5X P/E, a discount to peers.”
The firm says the risk/reward is too attractive to ignore in 2025.
“We are adding Uber (UBER, Outperform) to the Best Ideas List. We think the risk/ reward has become more attractive at current levels, with shares trading for only ~12.8x our 2026E adj. EBITDA estimate.”
The firm says it sees “significant optionality” for the ride-sharing company.
“With a deep breath, we are raising our rating on Lyft (LYFT) from Hold to Buy and instituting a fresh $20 per share price target.”
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。