Here are the biggest analyst research calls on Wall Street on Thursday: Wolfe reiterates Tesla as peer perform Wolfe says it’s standing by its peer perform rating on the stock but that it likes Tesla’s energy component. ” Tesla’s current Automotive business and their future AI / Autonomy opportunities often garner the lion’s share of attention amongst investors. But we remain bullish on Energy, which has grown rapidly in recent years and is their most profitable segment (est 2025e revs up 31% to $13.2 bn, with ~29% Gross Margin).” Bank of America cuts UPS to underperform from neutral, FedEx to neutral from buy Bank of America says it’s concerned about “increased pressure on volume and costs.” “We lower our ratings on UPS to Underperform (from Neutral) and FedEx to Neutral (from Buy) as we account for increased pressure on volume and costs, following our recent look at de minimis impacts to airfreight carriers” Read more. DA Davidson upgrades Nvidia to buy from neutral The investment bank says it’s getting more bullish on the stock. “We believe the growth in AI compute demand will drive enough demand to sustain NVDA’s growth into next year and likely beyond. While there are still several cross-currents, we believe those are not enough to change that trajectory and are upgrading to BUY from Neutral, raising our price target to $210 from $195.” Read more. DA Davidson downgrades Apple to neutral from buy The firm says it’s concerned about the slowing pace of Apple’s AI ecosytem. “While we were initially excited about the prospects of Apple’s role in the AI ecosystem and potential major upgrade cycle, it has become clear to us that neither of those are likely to come to fruition in the near-term.” Read more. Citi reiterates Micron Technology as buy Citi raises its price target to $175 per share from $150. “We believe the continued memory upturn is being driven by limited production and better than expected demand, particularly from the data center end market (55% of Micron revenue).” Goldman Sachs initiates Celsius Holdings at buy Goldman says the energy drink company is “one of the best growth stories.” “We initiate coverage of Celsius Holdings ( CELH) with a Buy rating and a 12-month price target of $72 as we believe it is one of the best growth stories in broader CPG [consumer packaged goods].” Read more. Deutsche Bank initiates Fannie Mae and Freddie Mac at buy Deutsche says the government mortgage companies are well positioned. “We are initiating coverage of the Government-Sponsored Enterprises (“GSEs”) Fannie Mae (FNMA) and Freddie Mac (FMCC) with Buy ratings and a price target of $20 for FNMA and $25 for FMCC.” Deutsche Bank initiates Synaptics at buy Deutsche says the semis company is in the midst of a turnaround. “We are launching coverage of Synaptics ( Ticker: SYNA) with a Buy rating and an $85 price target.” Barclays upgrades Thermo Fisher to overweight from equal weight The firm says the biotech company is compelling at current levels. “We upgrade TMO to Overweight. Absolute and relative valuation has come in to more attractive levels.” Wolfe upgrades Bill.com to outperform from peer perform Wolfe says investors should buy the dip. “While BILL’s shares have underperformed YTD (down 37% vs. the S & P up 11%), we see potential for better prospects into FY26.” Daiwa initiates Eaton at outperform Daiwa says it’s bullish on the electrical engineering company “We initiate coverage of Eaton, ticker ETN, with a 2/Outperform rating and $390 price target.” Morgan Stanley names Amazon a top pick Morgan Stanley says it’s bullish on the company’s Fresh grocery initiative. “We see AMZN’s push into the ~$600bn fresh grocery market unlocking durably faster growth.” Deutsche Bank upgrades Chewy to buy from hold Deutsche upgrades Chewy following earnings. “Coming out of the 2Q, with multiple growth investments articulated in the 2H, likely driving negative MSD [mid single digit] earning revisions to buy-side expectations, we believe that buy-side bogeys are now in a better place after a couple quarters of negative Gross Margin revisions.” Morgan Stanley raises Aon to overweight from equal weight The investment bank says in its upgrade o f Aon that it sees “multiple tailwinds” for the insurance giant. “As the company sees durable organic growth, we expect it to be better positioned than peers;” Guggenheim initiates Atlassian at buy Guggenheim says shares of the software company have plenty more room to run. “We’re initiating coverage of TEAM shares with a Buy rating and $225 price target, representing 30% potential upside.” ( Learn the best 2026 strategies from inside the NYSE with Josh Brown and others at CNBC PRO Live. Tickets and info here . )
Top stocks to watch from analysts include Nvidia, FedEx, UPS, Amazon
