Here are Thursday’s biggest calls on Wall Street:

Loop initiates Palantir as buy

Loop called Palantir a “game changing software play.”

“Palantir is leveraged to the AI (and GenAI) themes sweeping through the tech sector, which are enormous market opportunities likely to create several multi-billion dollar revenue companies.”

Wedbush reiterates Tesla as outperform

Wedbush said the bear case concerns on Tesla are overdone.

“Musk has always been able to balance his countless initiatives better than any other CEO we have seen and the innovation and tech machine at Tesla is accelerating into an autonomous/ robotics future despite growing skepticism around Musk’s DOGE balancing act.”

KeyBanc reiterates Nvidia as overweight

Key raised its price target on the stock to $190 per share from $180 ahead of earnings next week and says the selloff is overdone.

“However, we still view AI as a significant market opportunity for NVDA.”

Bank of America reiterates Apple as buy

The firm said it’s sticking with its buy rating ahead of Apple’s iPhone 16e next week.

“We maintain our Buy rating on stable cash flows, earnings resiliency, and Apple being a potential beneficiary of AI use on edge devices.”

JPMorgan reiterates Amazon as a best idea

JPMorgan said it’s sticking with Amazon despite survey checks that showed e-commerce demand decreasing for the company.

“We estimate AMZN’s share of US e-commerce decreased -58bps Y/Y to 46.1% in 4Q, though we believe Amazon remains well- positioned as the leader in e-commerce, benefitting from its fast delivery speeds, expansive selection, & competitive pricing.”

Jefferies upgrades Roku to hold from underperform

The firm raised its price target on Roku to $100 per share from $55.

“The bear case has weakened as Roku outgrew many ad peers in the Q, profitability is inflecting, and Roku retains multiple tailwinds to growth in FY25.”

BTIG upgrading Snowflake to buy from neutral

BTIG said it sees “improving demand” for the stock.

“We are upgrading SNOW to Buy from Neutral and introducing a price target of $220/share. To summarize, after two-plus years of dealing with cloud optimization headwinds, our recent fieldwork is pointing towards an improving demand backdrop in CY2025.”

BMO downgrades SolarEdge to underperform from market perform

BMO downgraded the stock following earnings on Wednesday.

“Our downgrade is admittedly partly tactical as we believe SEDG shares recent outperformance was largely driven by short-covering around SEDG’s 4Q 2024 earnings update that further suggested the company has sufficient liquidity to retire its upcoming $347.5MM September 2025 convertible notes maturity.”

Citi upgrades NXPI Semiconductors to buy from neutral

Citi said the analog recovery is underway for the semis company.

“Following ADI’s commentary on the recovery in the analog end market we are upgrading NXPI from Neutral to Buy as we believe the analog recovery is imminent and that every analog company will feel it as sales from the analog companies have fallen roughly 30% from the peak.”

Susquehanna upgrades Lam Research to positive from neutral

Susquehanna upgraded the semis company following its analyst day.

“Lam yesterday held its first Analyst Day since early 2020, during which it introduced a CY2028 EPS target of $6-$7, while focusing on FCF margin of 30%, the majority of which will be returned to investors.”