Here are Thursday’s biggest calls on Wall Street:

Bank of America reiterates Nvidia as buy

The firm said Nvidia is “raising the bar” in the AI race following earnings.

“Significantly raising FY28/CY27 YoY sales growth guidance to ~70% YoY, well-above consensus at 45%, with demand 2x YoY...”

Bank of America upgrades Okta to neutral from underperform

Bank of America upgraded Okta following earnings.

“2Q27 results were solid across the board and especially where it counts.”

Citi reiterates CrowdStrike as buy

Citi raised its price target to $260 per share from $250 and says investors should keep buying CrowdStrike following earnings.

“Reaffirm Buy ahead of 9/2 investor-briefing, with raised CitiE lifting PT to $260.”

Deutsche Bank reiterates Salesforce as buy

Deutsche said the company is firing on all cylinders.

“F2Q provided the clearest evidence yet that Salesforce’s organic revenue growth
has troughed and its second-half reacceleration is more clearly in sight, while also pushing back on concerns that AI will disintermediate core applications.”

Evercore ISI reiterates SpaceX as outperform

Evercore said political risks for SpaceX in November are largely overdone.

“SPCX screens well against the tests that states are now writing. It generates behind the meter, runs what it believes is the world’s largest battery storage network, designs sites to limit the effect on local power prices, and has pledged to pay for the grid upgrades its data centers require so households do not.”

Bank of America reiterates Meta as buy

Bank of America said it’s bullish on the company’s teen safety legal settlement.

“As part of the settlement, Meta also agreed to implement multiple additional teen-safety measures and parental controls, including default daily usage limits, nighttime restrictions and muted notifications during school hours. The company expects to accrue a legal expense of ~$10bn in 3Q′26.”

Truist initiates DigitalOcean as buy

Truist said the company is riding the “AI wave.”

“The market for GPU availability and inference management is developing rapidly, with offerings from the behemoths that dominated the cloud era as well as a host of newer entrants that have entered the fray. DigitalOcean has been a core independent player in serving compute to small and mid-size businesses through multiple cloud eras.”

Barclays reiterates Tesla as equal weight

Barclays said it thinks Tesla’s upcoming cybercab event is largely overdone.

“Tesla’s Robotaxi efforts have recently garnered increased attention following Tesla’s announced Cybercab event next Thursday (September 3rd) in Austin. While we expect limited incrementals from the event, with it largely serving as the initial launch of Tesla’s purpose built ‘Cybercab’ AVs, Tesla’s events often generate hype/momentum given the ‘meme’ nature of the stock.”

Baird upgrades Synopsys to outperform from neutral

Baird upgraded Synopsys following earnings.

“We upgrade our recommendation as FY27 can see the return to double-digit% organic revenue growth and upside to revenue/FCF estimates, and we would be surprised if this goes towards multiple compression instead of lifting the stock.”

Wolfe reiterates Alphabet as outperform

The firm said the stock is a top idea heading into 2027.

“Our Outperform rating is based on our long-term view that the company’s scale, AI investments, category leadership position, and product catalysts should enable Alphabet to outgrow the digital advertising market, gain share in Cloud computing, generate new sources of revenue, and remain highly competitive in the Gen AI race.”

Deutsche downgrades Novo Nordisk to sell from hold

Deutsche cited a slew of negative catalysts for the rating change.

“All points highlighted give us less assurance NOVO management will be able to address the Ozempic/Wegovy US patent cliff in 2032.”