Here are the biggest calls on Wall Street on Tuesday:

Mizuho upgrades Tesla to outperform from neutral

Mizuho says it sees an 「improving outlook」 under the Trump administration.

「We are upgrading TSLA to Outperform as we see idiosyncratic tailwinds over the next ~4Y positioning it favorably as: 1) Loosening Autonomous Driving (AD) regulatory framework provides more [full self-driving]/Robotaxi valuation upside, 2) new Trump administration policies positions TSLA better with lower EV cost structure relative to peers..」

Wolfe reiterates Nvidia as outperform

Wolfe says the AI chipmaker a top idea heading into 2025.

「NVDA remains one of our favorite names in semis as well as we expect its strong competitive position in AI will drive strong demand/pricing leverage for its datacenter [graphics processing units] over the next several years.」

Truist reiterates Meta Platforms as buy

Truist says the Instagram owner is a top pick in 2025.

「Meta continues to successfully reinvent itself and outgrow the industry. Reels remains under-appreciated while Threads should start seeing monetization in 2025.」

Piper Sandler initiates Riot Platforms & Mara Holdings at overweight

Piper said it’s bullish on several bitcoin mining companies.

「We are expanding our crypto-related coverage universe to include the publicly-traded Bitcoin miners MARA Holdings Inc, (MARA), Riot Platforms Inc. (RIOT)...」

Goldman Sachs reiterates Nike as buy

Goldman says it’s staying bullish ahead of earnings later this week.

「Net, we believe that recent data points suggest that it is still early in Nike’s turnaround journey, and that we have yet to see signs of material brand heat improvement.」

Goldman Sachs upgrades SolarEdge to buy from sell

Goldman says concerns about liquidity are overdone for the solar company.

「SEDG (Up to Buy): Liquidity fears overblown and ‘shrink to grow’ strategy on the back of restructuring efforts estimated to alleviate [free cash flow] burn in 2025.」

Stifel upgrades Cloudflare to buy from hold

Stifel says the cyber company has 「upside optionality」

「We upgrade Cloudflare to Buy and raise our [target price] to $136, as we believe Cloudflare is positioned to deliver improving execution, and upside to numbers, against a massive and growing [total addressable market].」

Rosenblatt initiates MongoDB at buy

Rosenblatt said in its initiation of MongoDB that it’s bullish on the database platform company.

「With the stock’s recent weakness on what we view as mostly misunderstandings, we are initiating coverage with a $350 target price and a Buy recommendation.

UBS initiates Manchester United as buy

UBS says it’s bullish on the UK soccer club.

「Manchester United’s glory days of the 1990s may be a distant memory but, with a revenue base largely unmatched by any Premier League peer, we believe Manchester United should (eventually) compete for the top spots of the Premier League and Champions League.」