Here are the biggest calls on Wall Street on Monday:
Bank of America reiterates Nvidia as buy
Bank of America says it’s bullish on Nvidia ahead of earnings later this month.
“Maintain Buy, top sector pick on compelling valuation of ~16x fwd PE (CY27) or 0.3x PEG, the lowest in ~10 years despite improving demand and, in our view, overblown memory and circular financing concerns.”
Loop upgrades FirstCash Holdings to buy from hold
Loop says the pawn company is “stronger for longer.”
“We are upgrading FirstCash Holdings t o a Buy from a Hold rating while raising our price target to $255 from $220, implying 26% upside from current levels.”
Loop downgrades Domino’s Pizza to hold from buy
Loop says it sees sluggish comps.
“We are downgrading DPZ to HOLD this morning and are lowering our prior PT from $522 to $353, based on 17x our 2027 EPS estimate.”
Susquehanna upgrades Everpure to positive from neutral
Susquehanna says it sees increasing storage demand for the data storage company.
“We are increasing our estimates and price target for Everpure and upgrade to Positive. We have increased confidence a broader hyperscaler customer base/strengthening enterprise storage demand will drive upside to 2HFY27 revenue expectations, with momentum extending into FY28.”
Piper Sandler initiates Guidewire Software as overweight
Piper says the insurance software company is firing on all cylinders.
” GWRE is a best-in-class vertical SW vendor for the P & C Insurance industry, powering insurers’ claims, policy, and billing systems.”
Goldman Sachs upgrades Protagonist Therapeutics to buy from neutral
Goldman upgraded Protagonist following earnings.
“Upgrade to Buy with 12m PT $186.”
Mizuho reiterates Broadcom as outperform
Mizuho says the company has a “wide technology moat.”
“Raisin g AVGO e stimates, as we see it best positioned in AI ASIC market at a SIGNIFICANT DISCOUNT and its pipeline EXPANDS with a wide technology moat.”
UBS reiterates Micron as buy
UBS says it’s sticking with Micron.
“To us, this increasingly looks like a structural reset in earnings power - where this kind of durability/visibility should command a shift toward a broader semi multiple. We maintain our $1,625 PT based on ~11x NTM P/E our C2029 EPS of ~$165, and reiterate Buy.”
Bank of America initiates Standard Nuclear as buy
Bank of America says the nuclear company has a unique offering.
“We initiate coverage of Standard Nuclear (STDN) with a Buy rating and $15 PO.”
Jefferies downgrades Apple to underperform from hold
Jefferies says its survey checks show Apple’s higher priced iPhone models look challenging.
“Our supply chain checks suggest that the all-glass iPhone (Sep 27) has been canceled due to low yield. We view this as a major setback to efforts to bring in higher-priced iPhones amid soaring memory costs.”
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Morgan Stanley initiates Csquare as overweight
Morgan Stanley says the data center company has a slew of positive catalysts ahead.
“We initiate coverage of CSQR at OW w/ a mid-’27 PT of $26, reflecting leveraged exposure to retail colocation capacity, attractive development economics, and achievable growth estimates.”
RBC upgrades LSB Industries to outperform from sector perform
RBC says the chemical company is a nitrogen beneficiary.
“We expect LSB continues to benefit from elevated nitrogen prices, supporting strong cash generation in 2026/2027 (10%/13% FCF yield) and improving operations.”
Barclays upgrades James Hardie to overweight from equal weight
The firm said its call was better late than never.
“Near-term drivers of market outgrowth carry JHX through a choppy housing market, while commercial synergies have only barely begun.”
Citi reiterates SpaceX as buy
Citi says it’s sticking with S paceX following earnings last week.
“Given the dependency of out-year forecasts/valuation on successful Starship milestones, we leave our PT unchanged at $200 and plan to adjust our target ratably toward the $900+ long term valuation level we outlined in our initiation as major milestones are hit.”
Bernstein reiterates Microsoft as outperform
Bernstein raised its price target to $660 per share from $647.
“Simply stated Microsoft is not building too fast, but rather taking a surprisingly measured approach given the demand signals they are receiving and their ability to easily pivot facilities to meet demand.”
Morgan Stanley upgrades Hewlett Packard Enterprises to overweight from equal weight
The firm says the stock is underappreciated.
“HPE becomes our preferred US enterprise OEM. While Dell remains the purest beneficiary of server strength, HPE offers comparable exposure to enterprise infrastructure alongside an increasingly underappreciated networking business following the Juniper acquisition, improving free cash flow and greater multiple expansion potential.”
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Wells Fargo upgrades Dick’s to overweight from equal weight
Wells says it sees plenty of room for upside.
“1) Multi-year margin upside at FL - driven by better allocation/merchandising; 2) Execution at DSG - which is in a stronger position today and in the early-innings of building a compelling fly-wheel and 3) DKS as the best way to play Nike’s eventual product turnaround.”
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TD Cowen upgrades Sezzle to buy from hold
TD Cowen says shares of the fintech company are compelling.
“We are upgrading SEZL from Hold to Buy following the stock’s decline of ~34% post 2Q26 earnings despite continued beat and raise from the company.”
JPMorgan initiates Kestra as overweight
JPMorgan says the medtech company has a differentiated offering.
“We are initiating coverage of Kestra Medical Technologies (KMTS) with an Overweight rating and $30 December 2027 price target.”
Argus upgrades SanDisk to buy from hold
Argus says it sees “demand momentum.”
“Sandisk is seeing accelerating momentum in data center, driven by artificial intelligence (AI) infrastructure investments, as well as in client solid-state drives (SSDs) and enterprise solutions.”