Diamond Member Pelican Press 0 Posted May 14, 2024 Diamond Member Share Posted May 14, 2024 Buy stocks Tuesday like Nvidia Here are the biggest calls on Wall Street on Tuesday: Barclays reiterates Tesla as equal weight Barclays said the situation with Tesla is “confusing” right now. ” Tesla ******** a source of confusion. The 1Q beat provided a source of relief, especially around ****** margins with FSD [full self-driving] recognition providing a boost.” Goldman Sachs upgrades CG Oncology to buy from neutral Goldman said in its upgrade of CG that it sees an attractive entry point for the biotech company. “Our 12-month price target of $50 ($43 prior) is based on a weighted average of our DCF value of $45 (70%) (up from $40 prior) and M & A theoretical value of $62.” Goldman Sachs upgrades Fulcrum Therapeutics to buy from neutral Goldman said it sees a “meaningful opportunity in rare muscular dystrophy ********” for the biopharma company. “We upgrade FULC to Buy from Neutral and increase our 12-month price target to $15.” Evercore ISI initiates Regeneron as outperform Evercore ISI said it’s bullish on shares of the biopharma company. “We initiate coverage of REGN with an Outperform rating and a PT of $1,150.” Wells Fargo reiterates Nvidia as overweight Wells increased its price target on Nvidia to $1,150 per share from $970. “We are positive on the setup into F1Q25 print (5/22) & see intra-qtr data points supporting Data Center rev. upside into $23-$24B+ range (Street: ~$21.1B). Increase forward ests.” Jefferies upgrades Boston ***** to buy from hold Jefferies said in its upgrade of the beverage company that it sees “multiple expansion.” “Boston ***** has gone through several *****-bust cycles. Over time, value was created with higher highs and higher lows.” Roth MKM downgrades Roblox to neutral from buy Roth downgraded Roblox due to slowing bookings. “Roblox’s modest 1Q bookings miss and a 3.5%-4% cut to 2024 guidance were disappointing.” Morgan Stanley resumes GXO Logistics as overweight Morgan Stanley resumed coverage of the logistics company and said it sees upside. “GXO’s LT [long-term] organic revenue growth story is supported by a robust pipeline of new business and inorganic growth adds another layer of upside.” Bank of America reiterates Apple as buy Bank of America said it’s sticking with its buy rating on shares of Apple. “Maintain Buy on benefits from GenAI at edge with ****** margin upside and momentum in Services.” HSBC upgrades Huya to buy from hold HSBC said it sees “shareholder returns” for the China livestreaming gaming company. ” Huya’s business model is becoming healthier and has potential to turn free cash flow positive again…” Citi initiates Weatherford as buy Citi said the turnaround for the energy services company has been “remarkable.” “We initiate on WFRD with a Buy rating and $155 target price.” Wells Fargo upgrades Atmos Energy to overweight from equal weight Wells said it sees an attractive entry point for the energy company. ” ATO checks the boxes on growth, track record and balance sheet.” JPMorgan upgrades Planet Fitness to overweight from neutral JPMorgan said it has increased confidence in Planet Fitness’ growth. “Moving to OW with improved confidence around LT [long term] growth trajectory.” Baird upgrades Fortrea Holdings to outperform from neutral Baird said in its upgrade of Fortrea that investors should buy the dip in shares of the contract research organization company. “We think shares traded appropriately and emphasize we’re taking advantage of a pullback with focus on 2025+ potential.” JPMorgan upgrades Vtex to overweight from neutral JPMorgan said it sees an attractive entry point for the software-as-a-service company. “We upgrade VTEX to Overweight from Neutral, as we believe the company can beat its adj. EBIT margin guidance for 2024, delivering 11% vs high-single digit promise, coupled with the fact that the recent pullback offers a good opportunity on the shares.” Barclays upgrades Expro to overweight from equal weight Barclays said the energy services company is well positioned. “Upgrading Expro (XPRO) to Overweight from Equal Weight. Expro is uniquely positioned vs. the other offshore SMid caps with moats around its two core business lines – tubular running services (TRS) and subsea well testing.” Wells Fargo upgrades Edison International to overweight from equal weight Wells said it sees upside, should regulatory issues get resolved for the public utility company. “We upgrade EIX to OW and increase our SOTP-based PT to $86/sh from $72.” RBC initiates CRH as outperform RBC said the building materials and products company is poised for a re-rating. “Last year CRH made the big move of making the US its primary residence. The shares have re-rated, but we believe significant upside would be released if CRH makes North America its only residence.” Oppenheimer upgrades Sarepta to outperform from perform Oppenheimer said sales are accelerating for the biotech company. “SRPT’s sales/earnings trajectory meaningfully accelerates.” Deutsche Bank reiterates This is the hidden content, please Sign In or Sign Up as buy Deutsche said the e-commerce giant is “primed for a breakout.” “All in, across e-commerce, we continue to favor AMZN, given substantial runway to drive cost to serve back down to 18/19 levels.” Citi initiates Western Digital and Seagate as buy Citi said in its initiation of the storage device companies that it sees a “cyclical recovery.” “We are initiating coverage of both Western Digital and Seagate shares with Buy ratings given our view of a cyclical recovery in the storage market.” Deutsche Bank upgrades Edwards Lifesciences to buy from hold Deutsche said it’s getting “increasingly confident” in the medical innovations company’s ability to deliver organic growth. “As such, we believe Edwards is well-positioned among the premium growth stories across large cap medtech over the next few years; we upgrade EW shares to Buy with a new PT of $103.” This is the hidden content, please Sign In or Sign Up Breaking News: Investing,Markets,Breaking News: Markets,Investment strategy,Regeneron Pharmaceuticals Inc,Western Digital Corp,Seagate Technology Holdings PLC,GXO Logistics Inc,Tesla Inc,Edison International,Atmos Energy Corp,Boston ***** Co Inc,Weatherford International PLC,NVIDIA Corp,Planet Fitness Inc,Sarepta Therapeutics Inc,VTEX, This is the hidden content, please Sign In or Sign Up .com Inc,CRH PLC,Fulcrum Therapeutics Inc, This is the hidden content, please Sign In or Sign Up ,Fortrea Holdings Inc,Expro Group Holdings NV,HUYA Inc,Goldman Sachs Group Inc,CG Oncology Inc,Dividends,Roblox Corp,Edwards Lifesciences Corp,business news #Buy #stocks #Tuesday #Nvidia This is the hidden content, please Sign In or Sign Up 0 Quote Link to comment https://hopzone.eu/forums/topic/31641-buy-stocks-tuesday-like-nvidia/ Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.