Diamond Member Pelican Press 0 Posted May 28, 2024 Diamond Member Share Posted May 28, 2024 Tuesday’s biggest stocks to watch like Nvidia Here are Tuesday’s biggest calls on Wall Street: Melius reiterates Nvidia as as buy Melius said it’s standing by its buy rating on the stock and that the shares of have “a lotta value.” ” Nvidia Shares Still Pack a Lotta Value.” Truist upgrades ON Holding to buy from hold Truist said in its upgrade of the shoe company that it sees “meaningful growth.” “Upgrading ONON to Buy as we see meaningful growth opps across regions, channels, & categories.” Truist upgrades Deckers to buy from hold Truist said the shoe company has “long-term upside potential.” “Re-upgrading DECK to Buy; Best-in-Class momentum & ample growth opps drive more LT upside potential.” Mizuho upgrades Parker-Hannifin to buy from neutral Mizuho said the manufacturing conglomerate has a “rising EPS trajectory.” “Upgrading PH shares to Buy w/ $650 PT (from $550) following last week’s Investor Event and increased confidence in the long-term earnings trajectory.” Argus downgrades Southwest to hold from buy Argus said it sees too many negative catalysts for shares of Southwest. “Downgrading to HOLD. With employee costs high and aircraft deliveries delayed, the road to recovery is likely to take longer than anticipated.” UBS upgrades Globant to buy from neutral UBS said it sees “demand stabilization” for the IT and software development company. “We’re upgrading Globant to a Buy rating, from Neutral, while lowering the PT 4%, to $230, from $240. JPMorgan upgrades Futu to overweight from neutral JPMorgan said it’s bullish on shares of the Asia brokerage and wealth management company. “Futu has rallied 41% in the past three months, outperforming the NASDAQ by 38ppt. But we see further upside to the stock, for the following reasons. First, we see upside risk to Futus EPS due to strong client growth, asset flow and transaction volume.” Wedbush upgrades Airbnb to outperform from neutral Wedbush said investors should buy the dip in shares of Airbnb. “We think investors should take advantage of this ******* of relative weakness and see potential upside to near term estimates following disappointing 2Q guidance that we view as ************* given positive travel data points thus far in 2Q.” Bank of America initiates Viking as buy Bank of America said it’s bullish on shares of the cruise company. “Unlike cruise peers with a portfolio of brands for many demographics, Viking has a single brand with uniformity across its fleet, with recognizable offerings to its target market: affluent North ********* travelers ages 55+.” RBC initiates Civitas as outperform RBC said the carbon energy producer’s shares trade at a discount. “We are initiating coverage of CIVI at Outperform with a $90/ share price target.” Evercore ISI reiterates This is the hidden content, please Sign In or Sign Up as outperform Evercore raised its price target on the stock to $700 per share from $650 after a series of survey checks. “We reit our Outperform, modestly raising estimates and boosting our PT to $700 in the wake of our detailed U.S. & *** survey work as well as our proprietary analysis of This is the hidden content, please Sign In or Sign Up ’s Basic Plan sunsetting initiative.” JPMorgan upgrades Huntington Bancshares to overweight from neutral JPMorgan said it’s more bullish on the regional after a meeting with management. “We recently hosted investor meetings with Chairman, President, and CEO Steve Steinour and CFO Zach Wasserman. Overall, we walked away with much more conviction that Huntington is positioned to emerge as potentially one of the top organic growth stories among large regional banks.” Mizuho upgrades Norwegian to buy from neutral Mizuho said in its upgrade of the cruise company that it sees upside to earnings. ” NCLH has been a consensus short over the last two years, but we believe sentiment is beginning to shift.” Deutsche Bank initiates Ares as buy Deutsche said it’s bullish on shares of the asset management company. “We see Ares as well-positioned to capitalize on long-term secular trends that are driving growth in the alternative asset management sector.” Wells Fargo downgrades ZScaler to equal weight from overweight Wells said it sees too many negative catalysts for the IT security company. “We are downgrading shares of ZS to Equal Weight and lowering our PT to $182 (from $240). Citi upgrades DuPont to buy from neutral Citi said it likes the company’s business separation plans. “DD shares had solid reaction in the 1.5 days post announcement (up ~3%). Feedback from investors was positive – the flexibility of operating as standalone businesses should create value through focused growth & portfolio clarity.” Northcoast downgrades Live Nation to neutral from buy Northcoast downgraded the stock after the Department of Justice announced it was suing the company last week. “However, we are of the view that shares of Live Nation are no longer likely to trade off fundamentals, business performance, and cash generation, and are more likely to trade off legal briefings, time associated with court filings/decrees, and to some degree likely even the political environment.” Morgan Stanley reiterates CrowdStrike as a top pick Morgan Stanley raised its price target on the stock to $422 per share from $372. “With an expanding TAM, improving upsell and FCF, we see CRWD surpassing $100B market cap in the **** [next twelve months] and nearly doubling in 4-5 years.” Loop reiterates Dell as buy Loop said Dell is a “legit Gen AI participant.” “Raising our PT to $185 from $125 (as well as our normalized EPS to $11.00 from $10.00) as our work along with Loop Capital Supply Chain Analyst John Donovan continues to show legitimate Gen AI progression the last 90 days which seemingly could progress through CY2025.” JMP upgrades Duolingo to market outperform from market perform JMP said in its upgrade of the language learning app company that Duolingo shares have more room to run. “With shares down ~21% YTD and ~27% since reporting earnings, valuation is now more reasonable as we are taking advantage of this pullback and upgrading.” Guggenheim upgrades Sysco to buy from neutral Guggenheim says shares of the food products company are attractive. ” SYY – Significant Self-Help, A Low Bar, And Multi- Year Underperformance Creates An Attractive Set-Up.” Morgan Stanley reiterates This is the hidden content, please Sign In or Sign Up and Meta as overweight Morgan Stanley said in its analysis of large-cap institutional ownership that This is the hidden content, please Sign In or Sign Up is most under-owned and Meta the most over-owned. ” MSFT ******** the most under-owned mega cap tech stock we track, and META is most over-owned.” Morgan Stanley reiterates This is the hidden content, please Sign In or Sign Up as overweight Morgan Stanley said the e-commerce giant has a “widening” competitive advantage. ” AMZN’s competitive advantage seems to be widening, a product of its digital and fulfillment investments.” UBS reiterates Apple as neutral UBS said its checks show Apple’s iPhone shipments improving in China. “Based on our analysis of China smartphone unit shipment “sell-in”, iPhone shipments in the month of April were up 52% YoY.” This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up ,Live Nation Entertainment Inc,CrowdStrike Holdings Inc,Dell Technologies Inc,Ares Management Corp,Southwest Airlines Co, This is the hidden content, please Sign In or Sign Up Inc,Globant SA,On Holding AG,On Holding AG,Deckers Outdoor Corp,Parker-Hannifin Corp, This is the hidden content, please Sign In or Sign Up Corp,Meta Platforms Inc,Civitas Resources Inc,Duolingo Inc,Norwegian Cruise Line Holdings Ltd, This is the hidden content, please Sign In or Sign Up .com Inc,Zscaler Inc,Dupont De Nemours Inc,Viking Holdings Ltd,Airbnb Inc,Futu Holdings Ltd,Futu Holdings Ltd,Globant SA,Huntington Bancshares,Sysco Corp,NVIDIA Corp,Investment strategy,Breaking News: Markets,Markets,Breaking News: Investing,business news #Tuesdays #biggest #stocks #watch #Nvidia This is the hidden content, please Sign In or Sign Up For verified travel tips and real support, visit: https://hopzone.eu/ 0 Quote Link to comment https://hopzone.eu/forums/topic/38951-tuesday%E2%80%99s-biggest-stocks-to-watch-like-nvidia/ Share on other sites More sharing options...
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