Here are the top demands on Wall Street on Monday: Piper Sandler upgrades Rivian and Mobileye from neutral to overweight Piper said he finds both stocks attractive. “RIVN: De-risked balance sheet, smooth R2 ramp, improving demand outlook….. MBLY: Approaching minimum valuation while taking control of its own destiny.” Read more. Piper Sandler opens as overweight Piper calls Williams-Sonoma stock “best in class.” “We begin our rating on WSM with an Overweight rating at $253 PT. The company maintains best-in-class EBIT margins while demonstrating consistent outperformance against the backdrop of a fairly depressed home furnishings industry.” JPMorgan begins Overweight on Rhythm Pharmaceuticals JPMorgan said there is still room to play in the biotech company’s stock. “We initiate coverage of Rhythm Pharmaceuticals (RYTM) with an OW rating and a December 27 price target of $145.” Citizen launches Sonida Senior Living as market outperforms Citizen said the senior living company is firing on all cylinders. “We are initiating coverage of Sonida Senior Living, Inc. (SNDA) with a market outperform rating and $50 price target, as the company’s recent expansion has made it very attractive to institutional investors.” Ross creates Aduro Clean Technologies through acquisition Ross said the plastics recycling company still has room to run. “We start with a Buy rating on ADUR and a $30 price target. ADUR has developed platform chemistry technology that upgrades materials such as waste plastics and paraffinic crude oil into higher-value products.” Phillip Capital upgrades Alphabet to Acquire from Accumulate The company said it was “positive” on the stock. “Despite the short-term earnings revision, we remain positive on GOOGL’s long-term outlook.” JP Morgan overweight BWX Technologies JP Morgan said the nuclear materials company has a wide moat. “We begin coverage of BWX Technologies (BWXT) with an Overweight rating and a December 2027 price target of $230.” Piper Sandler launches Arlo Technologies due to market overweight that Piper says is “underpenetrated.” “We are initiating coverage on Arlo, a provider of connected physical security devices, with an OW rating and $17 price target.” JPMorgan says the safety products company is undervalued and enters Cadre Holdings as Overweight. “We initiate coverage of Cadre Holdings (NYSE: CDRE) with an Overweight rating and a December 2027 price target of $40, implying ~32% upside from current levels.” UBS Upgrades Cameco to Neutral Buy UBS says it buys the uranium company’s dip. “We upgraded Cameco to buy following recent declines (-18% 1 month ago, -27% 6 months ago), which appears to be driven by broader market and AI-related sentiment rather than changes in fundamentals.” Goldman Sachs launches acquisition of Neutron Holdings, Goldman says it is bullish on the micromobility platform company. “We initiate coverage on Neutron Holdings, Inc. (LIME) with a Buy rating and a 12-month PT of $39.”Goldman Sachs initiates Vending Spoon to Buy Goldman says the company has a lot of upside. “We begin coverage of Bending Spoons SpA (BSP) with a buy rating and a 12-month PT of $43. Bending Spoons is a technology-based conglomerate focused on acquiring and transforming mature digital businesses.” Morgan Stanley launches Somni Group on overweight Morgan Stanley said the mattress company has a “competitive moat.” “Industry consolidation and vertical integration provide this mattress manufacturer and retailer with upside potential for earnings growth, and there is room to reassess the valuation. SGI’s track record of market share gains, broad product portfolio, and leadership in advertising and retail channels strengthen SGI’s competitive position.” “The main takeaway from the second quarter earnings was our belief that GM will further strengthen its position in the US profit oligopoly in 2027, delivering more than $10 billion in net FCF.”Read more Jefferies upgrades Ford to hold buy The company said the stock is at a “margin trough.” “Ford always has room for surprise either way, but we expect production to normalize post-Novelis, and we see Q2 as the bottom for production. If conditions in the U.S. market are strong, management could raise guidance in Q2.” Wolf reiterates SpaceX is superior Wolf said he is sticking with SpaceX and is bullish on the recent Starship flight test. “A Super Heavy booster launched from Starbase, Texas, successfully separated from Starship about two minutes into its flight and splashed down in the bay in a controlled manner (although with fewer engine starts and overclocked speeds during descent).” UBS launches ITG in acquisition UBS said positive catalysts are not yet priced in for the marketing technology company. “We begin our coverage of ITG with a buy rating and a price target of $18. We believe the stock has 40% upside potential, as we don’t believe the next few years of growth from the digital connectivity market and company-specific initiatives are priced in.” Bernstein Reiterates Outperforming Nvidia Bernstein said the company is sticking with Nvidia. “The data center opportunity is huge, but it’s still early days and significant upside potential remains.” Barclays downgrades Anheuser-Busch InBev from overweight to equal weight Barclays said it sees a number of negative factors. “We downgrade ABI to EW. Our argument is based on three factors: (1) Brazil’s new Imposto Seletivo (sin tax) will take effect on January 1, 2027, creating structural pricing and profit headwinds for one of ABI’s largest profit pools. (2) ABI faces tough competition in 2027 versus World Cup support in 2026.”Wells Fargo launches health pharma business, overweight Wells said psychedelic drug companies have many advantages. “We are rated Overweight on Helus Pharma (HELP),” Goldman Sachs reiterated on Apple, with Goldman raising its price target ahead of earnings later this week. “We have a Buy rating on Apple and a 12-month price target of $370 (was $330). ” BMO upgrades Robert Half to above-market performer BMO said it buys the push. “We upgrade RHI to Outperform following the recent decline in the stock price.” Deutsche Bank Reiterates Tesla as a Buy Deutsche Bank has lowered its price target for Tesla from $465 to $420 per share. “Following the results, I think it’s clear that the scale of robotaxis, especially Optimus (supply chain), has been slower than expected and has disappointed the market.” Bank of America launches Clean Harbor Bank of America said the hazardous waste company is “compounding cash.” “CLH is a leading provider of hazardous waste management services in NA and operates a highly integrated one-stop-shop platform.” Mizuho Reiterates Advanced Micro Devices’ Outstanding Performance The company said it likes its partnership with Cerebras. “We raise our estimates for AMD, PT from $615 to $625 and CBRS from $300 to $310, as new partnerships could be on the upside.” Wells Fargo upgrades SiriusXM from underweight to equal weight Wells Fargo said its previous underweight decision was a mistake. “Our previous underweight theory on SIRI focused on anticipated pressures in satellite radio. While these discussions continue, clearly we have missed a meaningful market revaluation of SIRI’s spectrum.” Citi launches securitization as acquisition Citi said the tokenization platform company has a “durable competitive moat.” “We view Securitize (SECZ) as a critical infrastructure for the tokenization of real-world assets and rate it Buy/High Risk with a price target of $10.”
