Here are Thursday’s largest contact Wall Street: Morgan Stanley repeats Alphabet as overweight In a observe to clients, the corporate detailed 4 places the enterprise can service to spice up its a number of. “A) Improved GenAI disclosure B) Rev, opex and capex guidance with upward revisions C) More complete segment disclosure D) More emphasis of GOOGL’s positive societal impacts.” Morgan Stanley repeats Apple as overweight The firm claimed apple iphone 16 want won’t be as unfavorable as been afraid after remarks from the T-Mobile CHIEF EXECUTIVE OFFICER. “However today’s comments from TMUS’ CEO that iPhone 16 family sales are vibrant and up Y/Y — even before Apple Intelligence is released — with greater potential longevity to the cycle, suggests that demand might not be as bad as feared.” JPMorgan downgrades Five Below to undernourished from equal weight JPMorgan claimed it sees “margin constraints” for the low cost charge service provider. “Specifically on cadence – our work points to August comps down low-single-digits with sequential improvement in 1H September.” Piper Sandler repeats Robinhood as overweight Piper Sandler claimed the “opportunity knocks for [an] expanded crypto offering” for the provision buying and selling enterprise. “Bottom line, we estimate ~10%-12% EPS upside to HOOD earnings if the company were to expand its crypto offering to something comparable to crypto native peers.” KeyBanc repeats Nvidia as overweight KeyBanc claimed it’s sticking to its overweight rating on the provision. “We see NVDA as remaining uniquely positioned to benefit from AI/ML secular data center growth within the industry.” Redburn Atlantic Equities launches Kodiak Gas Services as purchase Redburn claimed the fuel enterprise is “attractive.” ” Kodiak Gas Services (KGS), a number one contract compression supplier, gives traders a horny method to acquire publicity to structural development in US pure fuel demand.” Mizuho launches Talos Energy as purchase Mizuho claimed the ability enterprise provides a “compelling investment opportunity.” “We believe TALO’s strategic focus on balancing asset optimization, low risk development/exploitation, and targeted high-impact exploration projects can provide modest but steady volume growth that, combined with the high oil mix and above-average EBITDA margin, result in a cash generation outlook that is underappreciated at current price levels.” Mizuho launches Northern Oil and Gas as purchase Mizuho claimed the oil and fuel enterprise is nicely positioned. “There are pros and cons of being a non-operator, but on balance we believe NOG’ s combination of scale, lower operational risk, superior cash operating margins, a strong M & A track record, and attractive cash return make for a compelling investment case that stacks up against operator E & Ps.” Raymond James upgrades Safehold to exceed from market perform Raymond James claimed the property funding firm is a recipient of decreased costs. ” Safehold (SAFE): Upgrading to Outperform from Market Perform, rising 2025 estimates, and establishing value goal of $34 per share.” Morgan Stanley repeats Nio as overweight Morgan Stanley claimed it’s favorable on {the electrical} lorry enterprise as Nio reveals its latest midsize family design, the L60. ” NIO’s unproven execution stays the important thing wrongdoer, on which bulls and bears can argue their respective circumstances. Market conviction, provide chain dedication and company (working & financing) money circulate will all hinge closely on the success of the L60.” TD Cowen repeats Micron as purchase TD Cowen decreased its price goal on the provision to $115 per share from $160 but claimed it’s ready its purchase rating upfront of Micron incomes following week. “As for the upside, we expect a very similar setup, at least directionally, to that of 2H:21, where shares recovered by nearly +40% over a 3-month period (Sep.21 through Jan.22), presenting an attractive risk reward.” Morgan Stanley repeats Tesla as overweight Morgan Stanley claimed it’s nervous regarding the enterprise’s robotaxi event but that it’s ready the provision. “Heading into Tesla’s ’10/10′ robotaxi event we are, frankly, struggling to see how the day can live up to investors’ high expectations.” Barclays launches Hertz as undernourished Barclays claimed it sees manner too many opposed stimulants for the auto rental enterprise. “Launching on HTZ with UW rating — liquidity questions amid fleet overhaul.” Piper Sandler launches Abbot Laboratories as overweight Piper Sandler claimed the scientific software enterprise has an eye catching analysis. “We are initiating coverage of Abbott Laboratories with an Overweight rating and $131 PT.” Wells Fargo launches Outfront Media as overweight Wells Fargo claimed it’s favorable on shares of the skin commercial enterprise. “We’re initiating coverage on OUT with an Overweight rating and $22 PT.” Morgan Stanley downgrades Elanco to equal weight from overweight Morgan Stanley claimed it “lacks conviction” in shares of the animal biopharma enterprise. “While ELAN’s pipeline progress will offer line of sight to more consistent topline growth & share gains w/ tangible launch catalysts in 4Q/2025, we lack conviction in the near-to-medium term pathway, on the lack of clear superior differentiation in an evolving competitive landscape for key products.” BTIG upgrades DoorDash to buy from impartial The firm claimed rideshare is a “a scarce pocket of secular growth.” “Checks point to ongoing near-term strength and we see under-appreciated longer-term drivers, leading us to raise estimates (again); DASH is hitting important milestones with positive EBIT and net income expected in 2H.” Bank of America launches Coursera as purchase The firm claimed it’s favorable on shares of the on-line understanding system enterprise. “We are initiating on Coursera (COUR) with a Buy rating and a PO of $11 (44% upside potential).”
