Here are Friday’s biggest calls on Wall Street:
The firm upgraded the stock following a change in analyst coverage and said investors should buy the dip.
“We’re also Buy-rated on Tesla post the recent pullback and ahead of potentially consequential catalysts this year.”
Wedbush added the stock to its top picks list.
“This is a gut check moment for the Tesla bulls (including ourselves) after this massive selloff in Tesla shares with fears mounting. The bears own the Tesla narrative in the near-term as lackluster sales numbers from Europe, China, and the US in January/ February along with Musk protests/brand worries have created many concerns.”
UBS said it’s standing by the stock ahead of its AI [GTC] Conference later this month.
“The UBS Tech Team remains positive longer term on AI drivers, but investors are currently less assured than they were through the past two years. We await confirmation catalysts (Nvidia GTC 18 March, Computex 20 May) to possibly support sentiment.”
Stifel lowered its price target to $475 per share from $515 but said it’s sticking with the stock after a series of meetings with investor relations.
“With most of MSFT’s segments performing well at scale, given investor sentiment and near singular focus on capex intensity the meetings served to reinforce our belief.”
The firm said the stock remains a top pick and “AI leader” following earnings on Thursday.
“We reiterate our Buy rating on top pick Broadcom following a reassuring quarter/ outlook including: 1) beating Q4/Q1 consensus AI expectations by ~10% each, 2) reaffirming $60-$90bn CY27 served addressable opportunity across 3 existing AI customers...”
Rosenblatt said the stock is a beneficiary of the Trump administration’s embrace of bitcoin.
“In our view, COIN is the clear blue chip in the sector and should be a beneficiary of multiple positive tailwinds.”
Bernstein said Netflix’s Anime genre has a large total addressable market and well positioned for growth.
“Anime is an important genre for Netflix, and the total number of anime titles has steadily risen over the years.”
The firm named GM a new top idea and said it has “ample” growth levers.
“GM isn’t your typical ‘legacy’ automaker because of its: (1) Majority of earnings from Truck Franchise; (2) Unique (Top Pick) EV accretion setup; (3) Ample growth levers, strong execution.”
Goldman said it’s standing by Costco following earnings on Thursday.
“We think the stock will likely be down on the perceived miss, but in our view, the business is as strong as ever given February’s top line.”
The firm said the risk/reward is getting more attractive for several banking giants.
“Risk/reward improving after this week’s weakness - upgrading BAC and HBAN to Outperform, JPM to Neutral. From our perspective, recent weakness in the bank group has resulted in an opportunity to get more constructive.”
JPMorgan lowered its price target to $14 per share from $19 on Macy’s following earnings on Thursday.
“Downgrade to Neutral lowering our Dec ’25 price target to $14.”
The firm said the company still delivers “significant shareholder value.”
“We are initiating on FDX with a BUY rating and a target price of $337, which represent 36% upside to Tuesday’s close.”
Jefferies said in its upgrade of Wayfair that the stock trades at a discount.
“With top-tier market share gains, a new paid loyalty program, compelling B2B traction, and underrated physical retail expansion, we have fresh optimism for EBITDA growth above the Street.”
Bank of America said the IT security cloud company is showing plenty of growth drivers.
“We believe that Zscaler is positioned to gain share in the market’s migration to cloud-based security solutions. Its scalable, purpose-built software platform also enables it to move into new security markets.”
Wedbush said the computer products company “new vision is sound.”
“We are upgrading shares of LOGI to OUTPERFORM from NEUTRAL after management clarified at its recent Analyst and Investor Day that it has significant organic growth runway ahead with gaming tailwinds and by expanding its addressable market into new end markets...”
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