Here are the biggest voices on Wall Street on Friday: Raymond James brings Apple back in line with market performance The company reinstated coverage on the stock and downgraded it from its previous outperform rating. “Despite strong fundamentals and an improving product cycle, we believe Apple’s current valuation adequately reflects these strengths and that short-term upside is limited.” Read more. Barclays upgrades Vertiv Holdings from equal weight to overweight Barclays said it believes there is an attractive entry point for data center infrastructure companies. “We raise our rating on VRT from EW to OW. We raise our EPS estimate and raise our price target from $181 to $200. While we’re not among the biggest supporters of the data center capex theme (of which there are many), we think the recent stock price volatility has created an attractive entry point.” TD Cowen reiterated the NVIDIA acquisition, saying he likes the Nvidia-Groq deal. “Last week, NVIDIA announced a non-exclusive license agreement with Groq, an AI inference chip company founded by a former Google TPU engineer. With this deal, NVIDIA is adopting a fundamentally different processing architecture that we believe will ultimately be integrated into our roadmap.” Goldman Sachs reinstated Cenovus Energy as Goldman reinstated coverage of energy stocks, saying Cenovus’ free cash flow growth was strong. “Our positive view is supported by our expectation of strong free cash flow growth over the long term.” Loop Reiterates Orleys and Warby Parker as Buys Loop said both retail stocks are best positioned in 2026. “Primarily due to concerns about the company’s 2026 outlook, Ollie’s stock underperformed in 2025 despite strong financial results… Warby Parker was one of the most volatile stocks in our coverage universe last year.” Compass Point reiterates Coreweave as a buy, adding the stock to its New Money Top Ideas list for 2026. “Coreweave combines demand backed by multi-year contracts with quantifiable capacity additions and rapid financial growth. The stock has been volatile as the market debates capital intensity and timing. However, we view the debate as an opportunity and make CRWV our top pick for 2026.” BTIG reiterated its acquisition of Nike, with BTIG adding the stock to its list of top ideas for the first half of 2026 and saying it is recovering. “Nike continues to be our top pick for large-cap stocks in 2026. Nike clearly still has a lot of work to do, but we believe it will make solid progress in its recovery in 2026.” UBS reiterates its intention to acquire Under Armor UBS said Under Armor “has turnaround potential.” “We believe the stock’s valuation will rise as sales growth improves,” Mizuho reiterated Wayfair, saying Mizuho is benefiting from the tariff deferral. “Earlier this week, the Trump administration announced that it would delay certain tariff increases by a full year, until January 1, 2027. …We see this update as giving the industry and Wayfair (W) some breathing room. The company’s marketplace model has historically been successful in absorbing pricing, allowing product sourcing flexibility when needed, and avoiding direct margin pressure.” Jefferies reiterates Baidu acquisition. Jefferies raised its price target on Chinese Internet stocks to $181 per share from $159. “We expect Baidu’s marketing revenue to be a long-term growth story, riding on the high ROI for advertisers from paid search, which is a proven business model.” Read more.
