Here are Tuesday’s biggest calls on Wall Street: Stifel upgrades Deckers to buy from hold Stifel says the risk/reward is too attractive to ignore for Deckers. “We are upgrading shares to Buy from Hold following last week’s management meetings with investors.” Wells Fargo initiates Marriott at overweight Wells says the free cash flow will “keep flowing” for Marriott. “Following two years of heavier capital investment, FCF should inflect higher in 2027/2028, and based on our estimates, we see solid upside in MAR shares.” Wells Fargo initiates Wynn at overweight Wells says the gaming stock is “attractive.” “We initiate coverage of WYNN at Overweight with a $151 price target based on 12.5x our 2026E EBITDA estimate of ~$2B. We believe shares are attractive on EBITDA as well as FCF, especially given a heightened level of spending related to the Al Marjan.” Wolfe initiates Scholar Rock at outperform Wolfe says investors should buy the dip in the biotech company. ” SRRK manufacturing issues are a temporary delay – not a denial; we think the stock weakness is overdone and recommend investors to buy shares as we are confident in its full approval.” Citigroup reiterates Nvidia and Broadcom as buy and Advanced Micro Devices as neutral The firm says its checks reveal investors are more excited about AMD and Broadcom. “From our conversations, it appears NVDA is less popular than AMD and AVGO given lower EPS growth.” Mizuho initiates Lumentum at outperform Mizuho says the optical laser company is best positioned. ” Lumentum is a leading Optical Communications and Laser supplier serving the Data Center (DC), Telecom, and Other end-markets benefiting from surging AI demand as server bandwidth rises 4-8x, accelerating the shift from copper to optical lasers.” Loop reiterates Amazon as buy Loop raised its price target on Amazon to $360 per share from $300. “The retail and advertising business is on a strong footing and continues to power forward with faster shipping speeds, a growing data advantage, growth levers in advertising and still meaningful headroom to improve cost-to-serve (and segment margin).” Cantor Fitzgerald initiates FormFactor at overweight Cantor says it sees market share gains for the semiconductor test company. “Is FORM Still a Buy After the Run-up? – Yes: Would it have been nice to have this initiation out 3mos ago? Of course! But the good news is that we still see plenty of upside left in the name based on continued HBM [high bandwidth memory] new design momentum, volume ramps associated with the AI infrastructure build-out,and share gains across NVDA and AMD.” Stifel reiterates Nvidia as buy Stifel raises its price target on Nvidia to $250 per share from $212. “We are increasing our estimates and introducing F2028 estimates ahead of NVDA’s F3Q report Wednesday, 11/19.” Read more . Loop upgrades Alphabet to buy from hold Loop says the wall of worry for Alphabe t shares has been “obliterated.” “Our reservation regarding the sustainability of search revenue growth under AI cannibalization and transition risk is no longer a concern shared by investors. While Google search results remain as healthy as ever traffic share to Gemini has doubled YoY and the position of Google Cloud and size of opportunity for its proprietary AI processors (TPUs) is becoming better appreciated.” Read more. UBS initiates Omega Healthcare at buy UBS says it’s bullish on the real estate investment healthcare trust. “We initiate OHI at Buy as we expect positive estimate revisions driven by better-than expected future investment volumes, strong management, and strong EBITDAR coverage.” Rothschild & Co Redburn downgrades Amazon and Microsoft to neutral from buy The firm says it sees capex weighing heavily on both stocks. “At current valuations, investors appear to be giving management teams too much benefit of the doubt, still pricing today’s heavy capex as if it carried cloud 1.0-level returns, even though there is no clear path back to those economics. Consequently, we downgrade Amazon and Microsoft to Neutral from Buy.” Read more. Wells Fargo upgrades Pennant Group to overweight from equal weight Wells says the home healthcare aging company is well positioned. “We are upgrading PNTG to Overweight and raising our PT to $31 (from $29).” Berenberg initiates Okta at buy Berenberg sees several positive catalysts ahead for the cybersecurity company. “We see Okta as one of the few cybersecurity names offering both earnings upgrades and multiple expansion.” William Blair initiates Kodiak Gas Services at outperform William Blair says the gas compression company is firing on all cylinders. “Kodiak is the compression industry leader, benefiting from continued Permian production natural gas growth.” MoffettNathanson reiterates Meta Platforms as buy MoffettNathanson lowers its price target on Meta shares but says its sticking with the stock. “We reiterate our Buy rating on Meta but decrease our target price by $140 to $750.” Jefferies upgrades Legence to buy from hold Jefferies says the engineering company is a data center beneficiary. “LGN’s offers ‘pick and shovel’ exposure to data center and AI infrastructure growth, in addition to other key megatrends such as reshoring of manufacturing and energy efficiency/load growth.” Bank of America downgrades Honeywell to underperform from buy Bank of America says the “catalyst path is challenging.” “We downgrade Honeywell shares to Underperform from Buy. Honeywell is an industrial conglomerate reorganizing its portfolio, most notably separating into Honeywell Aerospace and Honeywell Automation in 2H26. History suggests simplification creates value. The spin creates more operational focus. But the catalyst path is challenging.” JPMorgan reiterates Netflix as neutral The bank says M & A in the media space is weighing on Netflix shares. “We believe underperformance has largely been driven by continued overhang from media M & A headlines, concerns around engagement & increasing competition, and market rotation from select high multiple names.” Baird reiterates Oracle as outperform Baird lowers its price target to $315 per share from $365. “For Oracle, unit economics remain a concern. Having lived through the internet/fiber bubbles of 25 years ago, we are awake to the risks. We continue to view ORCL as unique in the market, and thus well positioned to benefit from the combination of scaled infrastructure, database, networking and applications.”
Tuesday stocks from analyst calls include Nvidia, Amazon and more
