Here are the biggest voices on Wall Street on Monday: Wells Fargo reiterates its overweight position on Bank of America The company raised its price target on the stock. “We expect BAC to issue a new 16%-18% ROTCE target at its November 5th investor day on expectations that it will be able to better monetize its unique franchise. PT increases from $60 to $62 after Q3 2025 earnings and increased guidance.” Bank of America upgrades Doximity from Neutral to Buy The company says it’s bullish on social platforms for doctors. “We are upgrading the stock of Doximity, a prominent online platform for physicians where top 20 pharmaceutical companies advertise, from Neutral to Buy…” Mizuho reiterated that Nvidia and Broadcom are outperforming, with Mizuho calling both stocks “best positioned.” “We believe NVDA and AVGO are best positioned to continue their leadership in AI data centers…” Bank of America says powertrain company is share gainer Bank of America launches CYD “We begin Yuchai, one of China’s leading ICE manufacturers, with a buy rating and a $46 PO (24% upside potential).” JPMorgan reiterated its overweight position on Alphabet and raised its price target to $300 per share from $260. “Google is the second best-performing company in the Mag 7 year-to-date, up 37% year-to-date and up 80% from April lows (compared to +15% and +36% for SPX). Recent discussions with investors have often focused on what’s next for the massive stock rally.” Citi Reiterates To Buy Micron Citi says it expects AI demand for equities to increase. “We maintain a buy rating on MU, raising our already above-consensus forecast and price target from $240.00 to $275.00.” KBW reiterates that Berkshire Hathaway underperforms market. KBW says things are “not going in the right direction for Berkshire” and “downgrades BRK.A stock’s rating from market perform to underperform and lowers price target from $740,000 to $700,000.”Baird Outperforms, Initiates Sail Point Baird begins coverage by saying there’s still room to play in the identity security company’s stock. Sail Point Outperform rating included. As identity threats proliferate and machine/agent entities proliferate, SailPoint’s governance-first identity platform becomes increasingly mission-critical. ” Baird launches Commvault as outperform Baird says the software company is in the best position. “In a world of increasing ransomware and hybrid, multi-cloud complexity, Commvault’s evolution from legacy backup to full-stack data resiliency comes at the right time.” Goldman Sachs launched Neptune Insurance because Goldman called the insurance company a “unique asset.” “We begin coverage on Neptune (NP) stock with a Buy rating and a 12-month target price of $30, reflecting a 20% total return opportunity.” RBC Upgrades Honeywell to Segment Outperform RBC said it sees “gaining momentum.” “We are upgrading Honeywell from Sector Perform to Outperform following strong third-quarter 2025 performance. In our view, this marks the beginning of a cracking catalyst-rich phase for the planned separation of the Aero/Automation segment in 2H 2026.” Click here for more information on the call. Raymond James upgrades Terex to outperform market performance Raymond James says the machinery company is attractive. “We upgrade TEX to Outperform due to significant risk-adjusted upside potential, with the potential for a total return of up to 25% relative to our $70 price target.”Morgan Stanley downgrades Harley-Davidson from overweight to equal weight, upgrades Lifetime Group Holdings from equal weight to overweight Morgan Stanley says it sees too many negative factors for Harley. The company also upgraded Lifetime Group Holdings to overweight due to “reacceleration of club growth.” Guggenheim upgrades Microsoft from neutral to buyout Guggenheim upgraded its stock ahead of earnings later this week, saying it is well-positioned in AI. “We upgrade MSFT stock to Buy from Neutral and introduce a price target of $586, representing a 12% upside from current levels.” Read more. JPMorgan Reiterates Apple As Overweight, JPMorgan raised its price target from $280 to $290 per share. “AAPL stock is heading into its upcoming earnings report in a more upbeat mood than at any time in the past year, as discussion around investment themes has focused on sales results for the iPhone 17 series and the iPhone 18 series to follow next year.” UBS launches Fermi with intent to acquire power generation company AI Powerplay. “We are initiating coverage on FRMI with a Buy rating and $30 price target.” JPMorgan upgrades Five Below from Neutral to Overweight JPMorgan says the risk and reward are too attractive for the discount retailer to ignore. “We upgraded FIVE to overweight and beat consensus with Q3 SSS (same store sales) +10.0% and EPS +72%.” Operating leverage per upside comp point increases by 20-30 bps, resulting in risk/reward of $161 x $227. ” Read more Morgan Stanley starts overweight on Chef’s Warehouse The company says the food company is well positioned. Array Digital Infrastructure beats RBC and says it’s bullish on the tower company’s stock. “We initiate coverage of Array Digital Infrastructure with an Outperform rating and a $62 price target.” Goldman Sachs also reinstated DoorDash, saying it sees a number of positive catalysts with Goldman reinstating coverage of the stock. “Following the completion of the Deliveroo acquisition, we are reinstating the following ratings: Wells Fargo upgrades Glaukos from Equal Weight to Overweight Wells said the company’s ophthalmology company is attractive in upgrading Glaukos. “Upgrades to OW and PT to $120 (from $92).” Trust Company upgrades Booking Holdings from Neutral to Buy The trust said concerns about long-term downside risks were overdone and “we upgrade BKNG to buy from hold due to investors’ near-term concerns about long-term downside risks from Asia’s long-term travel outlook, stable global GDP growth, a more attractive valuation, and possibly emerging AI.” Mr. Stevens upgrades Mr. Car Wash from equal weight to overweight Mr. Stevens calls the car wash company a strong buy. “We are upgrading MCW to OW (from EW) and adjusting PT to $6.25 (then $7.50).” Citi begins acquisition of AngloGold Ashanti Citi said the miner was benefiting from rising gold prices. “AU/AGL is well-positioned to benefit from rising gold prices. Our calculations show that a 10% change in gold price assumptions could result in a difference of 23% in EBITDA (’26e), 30% in FCF (’26e) and 30% in NAV.” Amer Sports owns several brands. Specifically, (1) Arc’teryx (technical outdoor/mountain apparel), (2) Salomon (outdoor footwear), and (3) Wilson (sporting goods).”Morgan Stanley Repeatedly Calls Tesla OverweightMorgan Stanley says there were several “highlights” in Tesla’s recent earnings report. Self-driving cars will be solved. When you say solved, do you mean there are six or seven 9s to the right of the decimal point? No. Perfect? Never. But it’s enough to drive safety drivers on major subways at scale. It’s the James Watt moment that changed transportation forever. Tesla’s third quarter results included three “highlights” that seemed to be little known…”
