Here’s the biggest voice on Wall Street Thursday: Bank of America Reiterates Nvidia Acquisition Bank of America raised its price target on the AI chip maker from $275 to $300 following the results. The bank also said the stock remains its top priority stock. “Our positive view of NVIDIA is based on the company’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.” Read more. Morgan Stanley reiterates its overweight status on Snowflake The investment bank lowered its price target for the cloud-based data platform from $270 to $245 per share following the results, but said it will remain unchanged. “Overall, the fourth quarter results point to a healthy demand environment for Snowflake.” JPMorgan Reiterates Salesforce Overweight JPMorgan lowered its price target for Salesforce from $365 to $320 per share following Wednesday’s results. “Salesforce stands out more than almost any other company as a pioneer in the cloud computing movement, and now stands on the pillars of multiple products with significant scale and trajectory, making it a true multi-product success story.” Citizen Downgrades C3.ai from Market Performer to Market Performer The company downgraded the AI company following its earnings results. “We are downgrading C3.ai from Market Outperform to Market Perform after the company reported very disappointing third-quarter results…” Oppenheimer reiterates Broadcom outperforms Oppenheimer says he is bullish on the company ahead of Broadcom’s earnings next week. “We see an upside to the Street’s Q1 (January) sales/EPS of $19.2 billion/$2.02 and Q2 (April) forecasts of $20.4 billion/$2.15 driven by AI. AI-related sales are accelerating.” Wells Fargo upgrades Alcon to overweight from equal weight Wells Fargo said it sees upside potential in the ophthalmology company. “We upgrade ALC stock from EW to OW to reflect potential upside to 2026 outlook, primarily driven by new product cycles that are beginning to positively impact growth. We raise PT to $97 (from $88) based on approximately 25x 2027E EPS of $3.85.” JP Morgan Reiterates Apple as Overweight JPMorgan says Apple has an advantage in the personal AI companion space. “In our view, the launch of Personalized Siri, which allows services to maintain the context of conversations on AI Companions, will play a key role in determining Apple’s chances of success with respect to its planned AI Companions, including integration with applications related to multimodal input across voice, text, and images.” William Blair launches Builders FirstSource to outperform Builders FirstSource He said he believes there are attractive risks and rewards for the company. “Best-in-class building products distributor focused on the new home market.” HC Wainwright & Co upgrades Joby from neutral to buy The company says it sees positive catalysts ahead for the eVTOL company. “We are upgrading JOBY to buy-from-neutral at $18.00 PT. Our upgrade is based on (1) continued progress on certification milestones currently in final stages (FAA-compliant aircraft ready for flight), and (2) manufacturing readiness to expand eVTOL production (with plans to double production capacity to 4 aircraft per month in 2027)…” Loop downgraded Tradedesk to Hold from Buy. The stock price fell after the earnings call due to a lack of “visibility.” “The Trade Desk reported superior results for the fourth quarter, with revenue growth of about 10% and year-over-year margin compression of 500 bps in the first quarter disappointing.”Trust Inc. upgrades US Bancorp to Hold BuyTrust Inc. said it believes there are attractive risks and rewards for the Minneapolis-based super regional bank. “USB will accelerate NII (net interest income) growth through 2026 as the loan pipeline materializes and fixed rate asset repricing and card loan growth drive NIM (net interest margin) expansion.” TD Cowen upgrades Nasdaq from hold to buy Investment banks are being more constructive with stock exchange owners following Wednesday’s investor day. “We upgrade NDAQ to Buy, raise adjusted EPS from ’26 to ’27, and raise PT 12 million from $1 to $106. Our actions are based on further confidence in the durability of platforms, especially in fintech, following our Investor Day in ’26.”
