Here are Thursday’s biggest calls on Wall Street:
Roth Capital Partners initiates coverage of SailPoint with a Buy rating and a $19 price target, saying the identity-security company is a market leader focused on Identity Governance and Administration (IGA).
Citizens Financial Group initiates coverage of Brown & Brown with a Market Outperform rating and a $70 price target, citing further upside potential.
JPMorgan Chase upgrades Ameren to Overweight from Neutral, citing stronger confidence in the company’s growth outlook amid rising data-center demand.
Citizens Financial Group initiates coverage of Regional Management with a Market Outperform rating, citing momentum following its first-quarter earnings release and Column partnership announcement.
Goldman Sachs upgrades Occidental Petroleum to Neutral from Sell, pointing to improving efficiencies, lower debt levels, and progress in reducing capital intensity and operating costs.
UBS upgrades GE HealthCare Technologies to Neutral from Sell, saying the stock is undergoing a “valuation reset” after declining about 30% since January.
William Blair assumes coverage of Dynatrace with an Outperform rating, citing the company’s differentiated observability platform architecture.
Morgan Stanley reiterates an Underweight rating on Dell Technologies while raising its price target to $170 from $110 ahead of next week’s earnings, citing strong AI server demand but elevated valuation concerns.
Argus Research upgrades Etsy to Buy from Hold, citing improving metrics and AI-related growth opportunities.
Oppenheimer & Co. initiates coverage of JBT Marel with an Outperform rating, citing secular growth, recurring revenue, margin expansion, and strong free cash flow generation.
Citigroup reinstates coverage of FedEx with a Buy rating and a $443 price target, citing favorable operational and macroeconomic tailwinds.
Bank of America reiterates a Buy rating on Amazon, saying Alexa for Shopping could help drive the company’s push into the “Agentic Era” of AI-powered e-commerce.
Morgan Stanley reiterates an Overweight rating on NVIDIA and raises its price target to $288 from $285 following earnings, calling the stock the “best value in semis.”
Wolfe Research reiterates an Outperform rating on Meta Platforms, saying the firm remains bullish despite the stock’s increasingly “controversial” status.
UBS reiterates a Buy rating on ASML Holding, calling it the most attractive risk/reward opportunity in the sector.