Here are the biggest voices on Wall Street on Monday: Wells Fargo reiterates Tesla as underweight The firm said it will maintain its underweight rating on Tesla ahead of next week’s earnings. “With limited progress on Robotaxis and Optimus, we believe the focus will be on semis, roadsters, solar and semi-fabs. We remain in Washington state.”KeyBank reiterates its overweight position on NvidiaKeyBank says it is bullish on the stock ahead of earnings later this quarter. “We expect NVDA to provide higher results and higher guidance due to accelerating AI demand, as well as increased supply contracts to support LT growth.” Jefferies upgrades Starbucks from sell to hold Jefferies said the U.S. is stabilizing. “While SBUX continues to trade at a high premium valuation that we believe is unreasonable, we are raising our rating from Underperform to Hold as expectations are finally approaching realistic levels.” Bank of America Upgrades ON Semi to Neutral Buy The bank said the upgrade is “early,” but the stock is too attractive to ignore. “We upgrade ON to Buy. We raise our forecast/PO to $85. Our ON upgrades may be a little early due to the slow auto/EV environment, but we like our 1) pipeline (improved AI capabilities, Treo products) and 2) solid FCF generation (~6% FCF yield)…” Oppenheimer upgrades Blackstone to outperform Oppenheimer said the stock price is “very attractive.” “We upgrade BX to outperform (from perform) and set a target of $154, as the stock remains very attractive even at the reduced target multiple.”Goldman Sachs upgrades Williams-Sonoma stock to buy from neutral Goldman said it sees an attractive entry point. “We’ve been waiting for a better entry point for Williams-Sonoma for some time, and we think this is the right level, with the stock down ~14% from its recent high in February.” Morgan Stanley upgrades Bilibili from equal weight to overweight Morgan Stanley says it sees “AI tailwinds.” “We believe increased visibility into the game pipeline, continued tailwinds from AI adoption, and rising valuation after recent selloffs will create new value for Bilibili stock. We upgrade to OW.” Read more. Jefferies acquires Jefferies, saying the semiconductor company is a “premium” growth company and launches Credo Technology. “We initiate coverage of Credo Technology Group Holding (CRDO) with a buy rating and $175 PT based on 23x C28 EPS of $7.60.” KeyBank upgrades T-Mobile from sector weight to overweight Key says the stock is undervalued. “We are upgrading T-Mobile to OW based on 1) accelerating organic EBITDA growth with upside factors, 2) favorable network position to drive competitive advantage for FWA/mobile (fixed wireless access) share gains, and 3) balance sheet positioning for optimal optionality.” Evercore ISI starts Trane Technologies outperforming Evercore ISI, says stock quality is high. “We like TT’s best-in-class commercial HVAC platform, strong booking/backlog growth (driving above average visibility), and service-driven model.” Evercore ISI launched nVent Electric as outperforming Evercore ISI, calling nVent “best-in-class.” “Best-in-class organic growth, pricing power, and strong operational execution deliver approximately 25% EPS growth from 2026 to 28E. 40% revenue exposure to D/C and utility outlook are well supported by backlog and end market visibility.” TD Cowen Reiterates Netflix as a Buy The company says it’s bullish ahead of earnings later this week. “We expect net paid additions to be +4.56 million yen, reflecting seasonality and the strong performance of originals including Bridgerton (S4) and The Night Agent (S3). Our Q1 2026 consumer research shows NFLX remains the most popular choice for living room TV, and we see the industry well-positioned to continue global growth through organic growth. Repeat Buy, with a price target of 112. HSBC downgrades Nike, refrains from buying HSBC announces downgrade of Nike stock due to slowing business performance. “Due to delayed delivery, Nike is downgraded to Hold (from Buy).” Read more. TD Cowen Upgrades Tempus AI to Buy from Hold TD Cowen says fundamentals are improving. “Despite strengthening fundamentals, we upgrade TEM to Buy from Hold (PT $65) as the share price has declined more than 50% in the past six months.” Macquarie upgrades CoreWeave to outperform from neutral Macquarie says it sees many positive catalysts ahead for CoreWeave. “Following recent announcements on Meta and Anthropic, we upgrade CRWV from Neutral to Outperform, suggesting its ecosystem role is structural.” Goldman Sachs Upgrades Latin American Airlines and Copa Holdings to Buy from Neutral Goldman said it would re-upgrade the ratings on both stocks to reflect the “emerging macro environment.” “While we are aware of the recent downgrades of LTM and CPA to Neutral since this report, we have seen significant changes in the global macro outlook, including jet fuel prices rising more than 80% since February 12, 2026, and we are adjusting our coverage ratings to reflect this new macro environment.” Wells Fargo launches Chime Financial; Wells claims the digital banking services company has “growth and profitability.” “Chime is a leading digital provider of banking services to everyday Americans with an attractive combination of growth and profitability. We see upside potential to our Q1 2026 forecast (strong tax season) and are bullish on execution.” Bank of America upgrades Nokia to acquire from neutral countries Bank of America says the company is becoming a “light powerhouse.” “After its former dominance in mobile phones and its move into communications equipment, Nokia is now transforming into a light powerhouse with an advantage in Europe.” Bank of America upgrades Ternium to neutral acquisition Bank of America says the company is a “solid choice” for its steel business. “We have upgraded Ternium to Buy, positioning it as a priority vehicle to capture stronger-than-expected North American flat steel prices.” TD Cowen upgrades Constellation brand from hold buy to TD Cowen said the company is benefiting from the World Cup. “We see signs of improvement in STZ’s overly conservative beer guidance for FY27 due to easing comps, World Cup tailwinds, and less pressure on Hispanic consumers.” Loop Reiterates Apple as a Buy The company adjusted its stock price forecast and said the stock is attractive at current levels. “…And we don’t like AAPL here.” Evercore ISI upgrades Pulte Group and Toll Brothers to outperform peers Evercore says both homebuilders are more resilient than their peers. “Given this backdrop, we have upgraded PHM, TOL and MAS to Outperform, as they are relatively more resilient than their peers to current industry challenges.”
