Here are Monday’s biggest calls on Wall Street:

KeyBanc reiterates Nvidia as overweight

Key said Nvidia remains “uniquely positioned.”

“We maintain our Overweight rating and the price target of $275, based on 24x our FY28 EPS estimate of $11.26.”

Bank of America reiterates Apple as buy

Bank of America said it’s bullish on the company’s MacBook Neo.

“We see the intro of Neo as a meaningful tailwind to Mac revs and total company EPS as the majority of revenue should be incremental to Apple.”

JPMorgan reiterates Tesla as underweight

JPMorgan lowered estimates on Monday following the company’s deliveries report last week.

“We are lowering our estimates and reiterating our Underweight rating for Tesla (TSLA) shares after the firm reported 1Q26 deliveries of 358K...”

Morgan Stanley names Seagate a top pick

The firm said Seagate is an “underappreciated” data center stock.

“Switching ‘Top Pick’ to STX (from WDC) given modest valuation discount & ability to expand gross margins modestly faster through C1H27.”

Goldman Sachs upgrades Netflix to buy from neutral

Goldman said the risk/reward is attractive.

“Ahead of its Q1 2026 earnings report, we preview current industry data and highlight trends in third party data and NFLX’s content slate. In addition, we upgrade the shares from Neutral to Buy while adjusting our 12-month price target to $120 as we see a more positive risk/reward from current levels.”

Bank of America initiates PayPay as buy

Bank of America said in its initiation of PayPay it sees accelerating growth for the Japanese payments company.

“We initiate coverage with a Buy rating and a price objective (PO) of $26.”

Bank of America downgrades Carvana to neutral from buy

Bank of America said the risk/reward is more “balanced.”

“We are downgrading Carvana to Neutral as recent macro & industry developments make the near-term risk/reward look more balanced.”

Jefferies upgrades Twilio buy from neutral

Jefferies said Twilio has attractive fundamentals.

“We believe the combination of greater relevance in an agentic AI world plus better fundamentals will result in a better valuation multiple as well. Our $160 PT implies 21x on our 2027 FCF estimate.”

Deutsche Bank downgrades Avis Budget to hold from buy

Deutsche said its downgrade of Avis is fundamental driven.

“We wish to be very clear that our downgrade is purely fundamental in nature.”

Jefferies downgrades Las Vegas Sands to hold from buy

Jefferies said the earnings growth is not very compelling right now.

“With LVS’s increased push into premium mass, we see risk that Adj. EBITDA growth underperforms expectations, driven by an elevated reinvestment rate. As a result, we view the near-term earnings profile as less compelling, with Adj. EPS growth decelerating to +3.9% in 2026 from ~+20% achieved in 2024–2025.”