Here are Monday’s biggest calls on Wall Street: Jefferies reiterates Microsoft as buy Jefferies said the stock remains well positioned for AI. ” Microsoft is a large, diversified business with high visibility and a clear line of sight into double-digit revenue growth for the foreseeable future.” Bank of America reiterates Nvidia as buy The firm is sticking with the stock ahead of earnings later this week. “Our positive view on Nvidia is based on its underappreciated transformation from a traditional PC graphics chip vendor, into a supplier into high-end gaming, enterprise graphics, cloud, accelerated computing and automotive markets.” Rothschild & Co Redburn reiterates Nvidia as buy The firm raised its price target on Nvidia ahead of earnings later this week. “We raise our price target to $245 from $211 previously.” Barclays upgrades Gap to overweight from equal weight Barclays said it sees a “brand recovery.” “We upgrade GAP shares following a disciplined leadership strategy under CEO Richard Dickson, focused on long-term sales and margin recovery across all brands through product innovation, customer targeting, and marketing excellence.” Morgan Stanley downgrades Dell to underweight from overweight Morgan Stanley said it sees margin pressure. “We are downgradin g DELL to UW (from OW) with a new $110 PT given margin risk offsetting AI growth over the N12M. [next twelve months]” Read more. Morgan Stanley downgrades HP to underweight from equal weight Morgan Stanley downgraded Hewlett Packard due to margin pressure. “Downgrade to Underweight as margin headwinds more than offset PC strength.” Wells Fargo initiates TopBuild as overweight Wells said it’s bullish on the building materials company. “BLD brings a lot to the table: healthy mix of resi/commercial end mkts, solid M & A track record & a strong growth platform ($90B+ TAM). Cyclical risks are real, but BLD is primed to outperform peers.” JPMorgan reiterates Apple as overweight JPMorgan said iPhone 17 demand remains stable. “In Week 10 of our Apple Product Availability Tracker, lead times across the iPhone 17 series remained unchanged, modestly better than a decline of one day observed from Wk9 to Wk10 in the prior year.” Oppenheimer initiates Akamai as outperform Oppenheimer said the company is “well-positioned for LT growth in security and cloud compute.” “We are initiating coverage of Akamai (AKAM) with an Outperform rating and a price target of $100.” Mizuho upgrades Rubrik to outperform from neutral Mizuho said it’s bullish on shares of the software company. “In the roughly 6 months following our valuation-driven downgrade on RBRK, the shares have largely struggled despite good ongoing execution. Meanwhile, our checks on RBRK remain favorable, and we believe the prospects for healthy Subscription ARR upside over the near-to medium term are good.” RBC initiates Axon as outperform RBC said the public safety company is well positioned. “We are initiating coverage on AXON with an Outperform rating and a price target of $860.” TD Cowen upgrades Yum Brands to buy from hold TD Cowen said it sees an attractive risk/reward for the owner of brands like KFC. “We expect the likely sale of Pizza Hut to amplify Yum’s growth profile, that would lead to the best in-class development growth profile within quick service & a clearer focus on Taco Bell comps which we model above consensus in 2026 & beyond.” UBS upgrades Expeditors International of Washington to buy from neutral UBS said it sees lower ocean rates for the logistics company in 2026. “We are upgrading EXPD from Neutral to Buy because we expect growth in customs / other to offset pressure from lower ocean rates in 2026.” Stifel reiterates Tesla as buy Stifel raised its price target on the stock. “We are raising our target price on TSLA to $508 from $483 based on our sum-of-the-parts analysis. Following strong 3Q25 sales, we expect some headwinds for auto sales following the expiration of the U.S. EV tax credit. Importantly, we believe TSLA is making strong progress on FSD and Robotaxi, both of which we believe is critical to value creation.” Read more . Bank of America upgrades Vita Coco to buy from neutral Bank of America said “tariff relief is here” for Vita Coco. “We upgrade shares o f Vita Coco (COCO) from Neutral to Buy and raise our PO from $48, following the White House’s Friday post-market announcement excluding certain agricultural products, including coconut water, from reciprocal tariffs” Bank of America upgrades Ball Corp and O-I Glass to buy from neutral The firm said both packaging companies have “momentum.” “We were disappointed to see another management change at BALL, but volumes, earnings and valuation look positive into 2026 . OI has risk due to volumes but its Fit to Win (FTW) initiatives drive earnings momentum.” Bank of America reiterates Snowflake as buy Bank of America raised its price target on Snowflake to $310 per share from $280. “We reiterate our Buy with a view that outperformance over the long term is likely given incremental traction with products addressing a significant larger addressable AI market for software of $155bn.” Bank of America reiterates Taiwan Semiconductor as buy Bank of America raised its price target on the stock to $1,960 per share from $1,800 and said the stock is underappreciated. ” TSMC, as the leading contract manufacturer of semiconductor chips, is in a good position to capitalize.” Jefferies upgrades American Electric to buy from hold Jefferies said the utility company is a data center beneficiary. “Upgrad e AEP to Buy ($137.00): Data center growth enables earned ROE improvement for key large-cap long.” Rosenblatt reiterates Micron as buy Rosenblatt raised its price target on the stock. “We continue recommending the MU shares while industry DRAM and NAND Flash supply growth is constrained. Our revised 12-month price target is $300, up from $250.”