Tuesday’s biggest calls on Wall Street like Nvidia & Apple

Here are Tuesday’s biggest calls on Wall Street: Roth MKM upgrades AMC to neutral from sell Roth said the movie exhibitor is entering a strong box office content cycle. “Several positive events lead us to believe AMC shares should be at or near a bottom. Specifically: (1) the box office is entering what should be a positive 2+-year content cycle; (2) OFC [operating free cash] should turn positive in 2025.” Bank of America reiterates Nvidia as buy The stocks remains “compelling” ahead of earnings later this month. “Reiterate Buy, top pick ahead of NVDA’s FQ4’25 (Jan) earnings call scheduled for 26-Feb. We expect modest beat/inline sales guidance and lower GM [gross margins] in FQ1 (Apr) given Blackwell product transition/China restrictions.” Morgan Stanley upgrades Palantir to equal weight from underweight The firm upgraded Palantir following earnings on Monday. “On the back of accelerating revenue growth in Q4 and a stronger than expected 2025 rev outlook calling for growth of +31%, we see fundamentals getting better and lack a clear downside catalyst despite an expensive valuation.” Goldman Sachs reinstates Albertsons & Kroger as buy The firm reinstated coverage of both grocery stocks on Tuesday. “We reinstate ratings on ACI and KR at Buy as scaled grocers should be well-positioned to defend market share.” Redburn Atlantic Equities reiterates Netflix as buy Redburn Atlantic Equities said it’s bullish on Netflix’s advertising opportunity. “Our advertising work suggests the company is currently selling meaningfully less than half of its inventory, implying material upside as scale and relationships build. We estimate advertising will rise from 4% of revenues in 2024 to 20% in 2028 and view this as the principal driver of our above-consensus forecasts.” Citi reiterates Amazon as buy Citi is bullish on the stock ahead of earnings later this week. “Amazon reports 4Q24 results on Thursday, 02/06 AMC [after market close], and given solid holiday sales, a healthy online advertising environment, and improving cloud demand, we believe results are likely to come in better than consensus expectations.” Bank of America reiterates Palantir as buy Bank of America raised its price target on the stock to $125 per share from $90 following earnings on Monday. ” PLTR’s focus on operationalizing data, establishing high-fidelity digital enterprise-twins, and accelerating decision making is a winning formula.” Deutsche Bank upgrades Novartis to buy from hold Deutsche upgraded the biopharma company following earnings in late January. “We update post Novartis ‘ surprisingly robust Q4 results which came in line with DB on revenues but defied both our caution on the year-end margin finish and the FY25 outlook.” Jefferies downgrades Ollie’s to hold from buy Jefferies downgraded the discount retailer on valuation. “As shares trade at peak valuations and as OLLI cycles tougher comps in 2025, we believe this opens greater downside risk.” HBSC upgrades Grab Holdings to buy from hold HSBC said shares of the Singapore tech company are compelling. “We continue to think Grab should be able to strengthen its leadership position in key categories (ride hailing and deliveries) due to its ability to continuously roll out innovative and affordable products.” Loop reiterates Meta as buy Loop raised its price target on the stock to $900 per share from $655. “Core AI efforts are driving business results, the company has an identifiable pipeline ahead, capacity has been a constraint that is about to open meaningfully and Meta has multiple gen-AI opportunities. Evercore ISI upgrades Marriott to outperform from in line The firm said the stock is undervalued. “Our constructive view on travel demand, appreciation for the brand business model (including network effect of large loyalty plans like Bonvoy), potential for catch-up on fee growth in ’25 for MAR specifically, FCF + capital return consistency lead us to upgrade MAR to Outperform from In-line.” Evercore ISI upgrades Juniper to outperform from in line Evercore said Juniper is a winner whether Hewlett Packard Enterprise’s bid for the company is successful or not. “With or without HPE offer we think the stock is likely to work higher.” Piper Sandler upgrades Tyson Foods to neutral from underweight Piper upgraded the stock after “better than expected chicken margins.” “We upgrade TSN from UW to Neutral as we now see the stock trading around fair value. It reported much better than expected F1Q25 EPS, driven by better than expected Chicken margins.” Piper Sandler reiterates Tesla as overweight The firm said the stock is relatively insulated from tariffs. “In the meantime, we think TSLA is one of the most defensive stocks in our coverage. Tesla assembles five vehicles in the U.S., and all five rank among the most American-made cars.” Morgan Stanley reiterates Apple as overweight The firm said Apple could raise prices if tariff mitigation efforts fail. “Therefore, the short answer is, barring any intervention from President Trump, Apple will be forced to pay a 10% tariff on products imported from China starting Tuesday” JPMorgan downgrades Nio to neutral from overweight JPMorgan downgraded the China EV and says it sees lower estimates in 2025. “Given our relatively more conservative view on the company vs consensus, we downgrade NIO’s rating to Neutral and set a new Dec-25 PT of US$4.7.”