Here are the biggest calls on Wall Street on Friday:

Oppenheimer reiterates Nvidia as outperform

The firm is bullish on the stock ahead of earnings later this quarter.

“Beyond agentic, physical AI to drive TAM expansion, in our view. NVDA ubiquitous AI platform best positioned to win, in our view. Blackwell +Rubin cumulative revenues $1T-plus in ’25-’27. Reiterate Outperform. Target $265.”

Bank of America reiterates Apple as buy

Bank of America called Apple the “highest quality name.”

“We continue to view AAPL as a high-quality compounder despite underperformance YTD vs. S&P, supported by resilient Services growth and a healthy product cycle.”

Bank of America reiterates Netflix as buy

Bank of America said it’s sticking with Netflix following earnings.

“Netflix reported a solid 1Q, modestly beating our forecast and guidance. Management reiterated its three core priorities including: 1) delivering more entertainment value, 2) leveraging technology to improve the service/business and 3) improving monetization, which all appear to be largely consistent with their prior strategy.”

Morgan Stanley names UnitedHealth a top pick

Morgan Stanley named the health insurer company a best idea ahead of earnings.

“This is not necessarily a call on the quarter, but a call on what should be a string of clean quarters that should drive incremental enthusiasm for UNH shares on the heels of a more favorable Final MA [medicare advantage] Rate.”

Morgan Stanley names Affirm Holdings a top pick

Morgan Stanley said it sees a “rich” catalyst path ahead.

“AFRM is our Top Pick on upward estimate revision potential, overdone private credit fears, and a strong catalyst path.”

Mizuho upgrades STMicroelectronics to outperform from neutral and Texas Instruments to neutral from underperform

Mizuho said both stocks have a slew of tailwinds ahead.

“We believe TXN and STM are beneficiaries of an Industrials recovery, with: 1) >20% revs in Industrials, 2) exposed to key markets in A&D, Medical, clean energy.”

Mizuho downgrades NXPI Semiconductors to sell from outperform

Mizuho said the semis company is too exposed to the auto sector.

“NXPI’s Big Auto Exposure a Headwind - 2026E Auto Outlook Softer with Geopolitical and Macro Headwinds.”

Goldman Sachs initiates WeRide at buy

Goldman said the autonomous driving company is a market share gainer.

“WeRide is a leader in autonomous driving technology, offering comprehensive solutions across vehicles including Robotaxi, Robobus, Robovan and Robosweeper.”