Here are the biggest voices on Wall Street on Monday: Jeffries has repeatedly bought Microsoft, and Jeffries said the company’s stock remains well-positioned for AI. “Microsoft is a large, diversified business with a high profile and a clear outlook for double-digit revenue growth for the foreseeable future.” Bank of America Reiterates NVIDIA Buy The company is sticking with the stock ahead of earnings later this week. “Our positive view of NVIDIA is based on Nvidia’s underappreciated transformation from a traditional PC graphics chip vendor to a supplier to high-end gaming, enterprise graphics, cloud, accelerated computing, and automotive markets.” Rothschild & Co. Redburn Reiterates NVIDIA as a Buy The company raised its price target for NVIDIA ahead of earnings later this week. “We are increasing our price target from $211 to $245.” Barclays upgrades Gap from equal weight to overweight. Barclays said it expects a “brand recovery.” “We are upgrading GAP stock in line with our disciplined leadership strategy under CEO Richard Dixon, which is focused on long-term sales and margin recovery across all brands through product innovation, customer targeting and marketing excellence.” Morgan Stanley downgrades Dell from overweight to underweight Morgan Stanley said margin pressures are a concern. “Given the margin risk offsetting AI growth at N12M, we are downgrading DELL to UW (from OW) with a new $110 PT (next 12 months)” Read more. Morgan Stanley downgrades HP from equal weight to underweight due to margin pressure Morgan Stanley downgrades Hewlett-Packard. “Downgraded to Underweight as margin headwinds offset PC strength.” Wells Fargo initiated Top Build as Overweight Wells said he was bullish on the building materials company. “BLD brings much to the table, including a healthy mix of real estate and commercial objectives, a solid M&A track record, and a strong growth platform (TAM of over $90 billion). Cyclical risks are real, but BLD is poised to outperform its peers.” JPMorgan Reiterates Apple Overweight JPMorgan said demand for the iPhone 17 remains stable. “Week 10 of the Apple Product Availability Tracker shows no change in lead times across the iPhone 17 series, a slight improvement over the daily decline observed from week 9 to week 10 a year ago.” Oppenheimer enters to outperform Akamai Oppenheimer said the company is “well positioned for LT growth in security and cloud computing.” “We begin coverage of Akamai (AKAM) with an Outperform rating and $100 price target.” Mizuho Upgrades Rubric from Neutral to Outperform Mizuho said it is bullish on the software company’s stock. “Roughly six months after RBRK’s downgrade based on valuation, the stock has largely struggled despite continued good execution. Meanwhile, our checks on RBRK remain positive and we believe the prospects for healthy subscription ARR growth in the near to medium term are good.” “We initiate coverage of AXON with an Outperform rating and $860 price target.” TD Cowen Upgrades Yum Brands from Hold Buy TD Cowen said it believes there are attractive risks and rewards for owners of brands like KFC. “We expect the potential sale of Pizza Hut to amplify Yum’s growth profile, leading to a best-in-class development growth profile among quick-services and a sharper focus on Taco Bell’s comp products, which models above consensus from 2026 onwards.” UBS upgrades Washington’s Expeditors International to acquire from neutral UBS said it expects the company’s ocean freight rates to decline in 2026, saying, “We upgrade EXPD from Neutral to Buy as we expect growth in customs and other areas to offset pressure from lower ocean freight rates in 2026.” Mr. Stifel reiterated the Tesla deal, and Mr. Stifel raised his price target. “Based on our analysis of sum of parts, we raise our price target for TSLA from $483 to $508. Following strong sales in 3Q25, we expect some headwinds in auto sales as the US EV tax credit expires. Importantly, we believe TSLA is making strong progress on FSD and robotaxis, both of which we believe are important to value creation.” Read more. Bank of America upgrades Vita Coco to buy from neutral standpoint Bank of America said Vita Coco will receive “reduced tariffs.” “Upgrades Vita Coco (COCO) stock from Neutral to Buy and raises PO from $48 following the White House’s Friday post-market announcement to exempt certain agricultural products, including coconut water, from reciprocal tariffs.” Bank of America upgrades Ball Corp. and OI Glass from Neutral to Buy. The company said there is “momentum” in both packaging companies. “While we are disappointed to see another change in management at BALL, volumes, earnings and valuations remain positive heading into 2026. OI is exposed to volume risks, but Fit to Win (FTW) initiatives are driving earnings momentum.” Bank of America Reiterates Snowflake Acquisition Bank of America raised its price target for Snowflake to $310 per share from $280. “We reiterate our buy position as products that address the sizeable $155 billion software AI market are likely to further accelerate outperformance over the long term.” Bank of America Reiterates Taiwanese Semiconductor as a Buy Bank of America raised its price target to $1,960 per share from $1,800 per share, calling the stock undervalued. “TSMC is well-positioned to access capital as a major contract manufacturer of semiconductor chips.” Jefferies upgrades American Electric to buyout Jefferies said the utility company is the beneficiary of the data center. “Buy AEP Upgrade ($137.00): Data center growth allows for major large-cap long acquisition with ROE enhancement.” Rosenblatt echoed Micron, and Rosenblatt raised his price target. “We continue to recommend MU stock amid subdued industry DRAM and NAND flash supply growth. Our revised 12-month price target is $250 to $300.”
