Buy stocks on Wednesday like Nvidia

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Buy stocks on Wednesday like Nvidia

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from its best ideas list The firm said it’s standing by its outperform rating on the stock but that

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will have more trouble impressing investors. “We are removing NFLX from the BIL but are maintaining our OUTPERFORM rating as we continue to see drivers to expand revenue, earnings, and free cash flow at least to the high expectations out there right now.” JPMorgan reiterates Apple as overweight JPMorgan said it’s standing by its overweight rating on the stock, even as recent data shows Apple’s iPhone shipments declined in China. “China iPhone Shipments Decline in February as Market Undergoes Digestion.” Morgan Stanley upgrades Deutsche Bank to overweight from equal weight Morgan Stanley upgraded the banking giant due to improved investment banking revenue. “Despite 10% outperformance vs the sector over the last 12 months, we think there is more room to go for DBK, as improving IB [investment banking] revenue momentum and better confidence on cost delivery are not fully priced in consensus numbers.” Baird extends its bearish fresh pick on Tesla Baird extended its bearish fresh pick status on Tesla heading into deliveries in early April. “Extending Bearish Fresh Pick ahead of Q1 deliveries.” Citi reiterates Tesla as neutral Citi lowered its price target on the stock to $196 per share from $224 ahead of the company’s delivery numbers in early April. “Ahead of Tesla’s Q1 delivery release, we’re lowering estimates to reflect recent datapoints. Our Q1 delivery estimate goes to 429.9k from 473.3k.” Redburn Atlantic Equities downgrades Visa to neutral from buy Redburn downgraded Visa due to slowing U.S. and *** markets. “We downgrade it to Neutral and update our price target to $307, with our profit forecasts in 2026 5% below consensus.” Citi opens a positive catalyst watch on Marvell Citi said it’s bullish heading into the company’s AI day event. “We are opening a positive catalyst watch on MRVL going into its AI Era investor event on April 11th.” UBS reiterates Disney as buy UBS raised its price target on the stock to $140 per share from $120 and said the stock is becoming an “earnings compounder.” “We remain bullish on Disney shares and see multiple sources of potential upside within the model that should drive earnings estimates higher over the next several quarters, yielding a 25% 3-yr CAGR.” Wells Fargo reiterates GE as overweight Wells raised its price target on GE to $200 per share from $177. “We see the aerospace business as one of the most attractive assets in commercial aero, with in-service fleet demographics set to drive profits for many years. We rate the shares Overweight.” Mizuho initiates Cabot as buy Mizuho said in its initiation of the specialty chemical company that it’s gaining share. “In addition, we expect CBT’s forward earnings estimates to keep rising, in part because it appears to still be benefiting from the ban on Russian products.” Citi reiterates Nvidia as buy Citi said it’s sticking with its buy rating on shares of Nvidia. “We note that AI exposed peer stocks like NVDA, AVGO, and AMD moved up into their respective AI days and the setup appears similar for MRVL after the recent pullback.” HSBC initiates Spotify as buy HSBC initiated the stock with a buy and said it’s “hitting the right notes.” ” Spotify screens well against peers given its strong growth

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. Initiate at Buy with a TP of USD310 per share.” Barclays reinstates JetBlue as underweight Barclays reinstated the stock and downgraded it to underweight after a long ******* of restriction. “Network changes should help boost profitability, but we see long-term returns in JetBlue’s shares challenged by significant financial leverage.” Needham adds DraftKings to its conviction list Needham said it has “great confidence” in the stock. “We are adding DKNG to the Conviction List (replaces DASH) and increasing our PT to $58. We now have greater confidence in our estimates and the upside in the Bull case as we switch our modeling methodology.” DA Davidson downgrades Lowe’s to neutral from buy DA downgraded Lowe’s mainly on valuation. “And with the stock once again outperforming year to date and valuation at the highest it’s been since early on during the pandemic, both on an absolute and relative basis, we think shares are due a pause.” UBS downgrades Linde to neutral from buy UBS downgraded the chemical company on valuation and slowing EPS growth. “We downgrade LIN from Buy to Neutral on a combination of slower EPS growth and and already high multiple limiting stock appreciation from here.”

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Cabot Corp,NVIDIA Corp,Broadcom Inc,Advanced Micro Devices Inc,GoDaddy Inc,Royal Gold Inc,Wells Fargo & Co,Western Digital Corp,Linde PLC,Linde PLC,Visa Inc,General Electric Co,

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,

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Inc,Walt Disney Co,Deutsche Bank AG,Marvell Technology Inc,Spotify Technology SA,Tesla Inc,JetBlue Airways Corp,DraftKings Inc,Lowe's Companies Inc,Markets,Breaking News: Markets,Investment strategy,business news
#Buy #stocks #Wednesday #Nvidia

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