Here are the biggest voices on Wall Street on Monday: BMO Upgrades Old Dominion to Above-Market Performance BMO said the carrier is “disciplined.” “While the prolonged freight downturn weighs on operating results and stock prices, ODFL remains disciplined and is executing on a proven strategy to maintain industry-leading service levels, strong pricing power and sufficient resiliency.” Guggenheim reiterated Alphabet’s buyout, and Guggenheim raised its price target to $375 per share from $330. “Our increased confidence stems from three key developments: (1) exceptional growth in cloud backlogs fueled by a surge in enterprise AI demand, (2) YouTube’s continued dominance in streaming viewership due to improved monetization dynamics, and (3) the rise of Google Gemini as a leading AI platform with rapidly growing adoption metrics.” Read more. Bank of America launches WeRide with acquisition Bank of America said the Chinese robotaxi company is in a good position. “We are committed to (1) expanding the overseas expansion of our robotaxi services supported by partnerships and first-mover advantages, (2) increasing the profitability of robotaxi services in the Chinese market through improved economies of scale, and (3) We expect WeRide to expand fleet size and return to profitability in 2029 by expanding its Robobus, Robovan and RoboSweeper businesses leveraging the One platform.” Goldman Sachs upgrades Chime Financial to neutral buyout status Goldman said investors should buy the financial services company. “We’re upgrading Chime to Buy shares to a $27 price target and ~28% upside.” UBS says online used car company is best-in-class, buys UBS and launches Carvana. “We initiate coverage on Carvana (CVNA) with a Buy rating and a 12-month price target of $450.” Read more. Goldman Sachs launches Beta Bionics, which Goldman says is attractive as an aerospace parts supplier. “BETA is an aircraft OEM and parts supplier, with one of the most attractive business models in the aviation industry. The company partners with GE to build defense hybrid vehicles and takes a team approach to sell motors and chargers to competitors, which will help it grow its business.”Jeffries puts BankUnited on hold for purchaseJeffries said regional banks are attractive M&A candidates. “BKU is an attractive acquisition candidate on many fronts.” Oppenheimer reiterates Amazon’s outperformance The company said it believes there are “meaningful upside” for Amazon. “Our analysis of comments regarding AWS (Amazon Web Services) capacity suggests significant upside through 2027, so we have raised our target to $305 (previously $290) while reiterating our Outperform rating.” HSBC upgrades Chevron from Hold to Buy HSBC said the decline in Chevron stock is a buy. “We upgrade the stock to Buy. CVX has underperformed the sector and the U.S. market over the past few months. We believe the negativity surrounding a potential acquisition is overdone as we expect any deal to be beneficial for CVX.” JPMorgan reiterates its overweight on Apple The company said iPhone tests showed lead times have increased. “Week 12 of the Apple Product Availability Tracker showed lead times across the iPhone 17 series increased by one day, largely consistent with the seasonality of this time of year due to increased consumer demand related to Black Friday.”Jeffries launches power solutions as an acquisitionJeffries said the power systems company is a beneficiary of its data centers. “Power Solutions International Corp. is headquartered in Wood Dale, USA and began its journey in 1985. The company designs, engineers, manufactures, sells and markets a wide range of advanced emissions certified engines and power systems powered by a variety of clean alternative fuels.”Jeffries launches Goosehead InsuranceJeffries said it is bullish on the insurance company’s stock. “Start in GSHD on purchase at $93 PT.” JPMorgan starts BillionToOne as Overweight JPMorgan said it is bullish on life science companies. “BLLN is a molecular diagnostics company that leverages proprietary single-molecule next-generation sequencing technology (smNGS) used in prenatal diagnostics and oncology testing.” Seaport Reiterates Selling Nvidia Seaport said it sees too much competition for Nvidia. “We see NVIDIA facing increasing competitive pressures. To address this, the company has adapted by relying on a variety of distribution mechanisms. While these measures are not fully reflected in its financials, they are already a significant factor and we believe it will likely see significant growth next year.” TD Cowen Reiterates Buying Tesla TD Cowen said Tesla’s robotaxis are optimally positioned. “Last week, I had the opportunity to ride three Tesla Robotaxis in Austin. We traveled nearly 40 miles in about two hours at a cost of $1.08 per mile. The rides were impressive all around, and two particularly complex scenarios (emergency vehicles and construction sites) were handled very well.” Morgan Stanley Reiterates Nvidia and Broadcom as Overweight The company raised its price target for Nvidia from $235 per share to $250 per share, and for Broadcom from $409 per share to $443 per share. “The focus is on overall AI strength. We’re raising our estimates for AVGO, but it’s also important for NVDA as we expect both to increase significantly over the next year.” Read more. Goldman Sachs Adds Wynn to Conviction Buy List Goldman has added the company’s stock to its Conviction Buy List. “The launch of Wynn Al Marjan in the UAE in Q1 2027, coupled with the leveraging of WYNN’s best-in-class Las Vegas assets to high-income demographics, a strong Las Vegas event calendar in 2026, and improving conditions in Macau should provide a transformative turnaround for WYNN.” Loop begins acquisition of Ceva Loop said the semiconductor company is too attractive to ignore. “We are initiating coverage on CEVA, Inc. (CEVA) with a Buy rating and $28 price target.” Morgan Stanley Reiterates Equal Weight on Marvell Morgan Stanley raised its price target on Marvell from $76 per share to $86 per share ahead of Tuesday’s earnings. “We expect continued strong performance in the optical sector and hope that expectations for Trainium will be resolved.”
