Top Calls on Wall Street: Nvidia, Apple, Tesla, Meta, Broadcom, Marvell, Cloudflare, SolarEdge, and More

Tiger Newspress
04/15

Here are Wednesday’s biggest calls on Wall Street:

Citi reiterates Nvidia as buy

Citi said it came away from Nvidia’s Quantum Day feeling even more bullish.

“NVIDIA hosted a virtual Quantum Day with presentations from the quantum community and unveiled NVIDIA Ising, a family of open models for building better, more reliable qubits.”

Wells Fargo reiterates Apple as overweight

Wells said it’s bullish ahead of earnings later this month.

“We’re positive on AAPL into F2Q26 earnings (4/30) - iPhone demand holding up better-than-expected / share gains + iPhone 17e ramp; continued double-digit services growth. Reiterated Overweight; $300 PT.”

Barclays reiterates Tesla as equal weight

Barclays said it has a “tempered” view of Tesla earnings next week.

“We believe the YTD weakness could imply on the surface an opportunity for the stock to outperform on results. However, we take a more tempered view into the print, as commentary of incremental capex (and thus further negative FCF) could be perceived negatively.”

Deutsche Bank reiterates Meta as buy

Deutsche said it sees “advertising revenue growth acceleration.”

“It is becoming increasingly clear that Meta’s investments in AI are yielding ever increasing returns for advertisers, which in turn is supporting not only top-line durability, but also advertising revenue growth acceleration.”

JPMorgan reiterates Broadcom as overweight

JPMorgan said it’s bullish on the Broadcom’s partnership with Meta.

“Expanded Meta Partnership Drives Confidence In A Strong Multi-Year Revenue Ramp.”

Oppenheimer reiterates Marvell as outperform

Oppenheimer raised its price target to $170 per share from $150.

“MRVL is a key enabler of AI. MRVL pivoted from consumer/storage towards high-growth AI, cloud, and 5G markets after several acquisitions”

Piper Sandler upgrades Cloudflare to overweight from neutral

Piper said it sees a “great” entry point for the cloud stock.

“We have long-viewed Cloudflare as one of our favorite long-term stories given where infrastructure is heading, Cloudflare’s execution, & the power of this true platform approach.”

DA Davidson upgrades Symbotic to buy from neutral

DA upgraded the warehouse automation company after a meeting with company management.

“While we have been appreciative of SYM’s moat since we launched coverage on the company in May 2022, our time spent with SYM management, including Chief Technology Officer, James Kuffner, gave us a deeper appreciation as to how the company has been evolving its technology stack and data-enabled innovation flywheel...”

Goldman Sachs downgrades SolarEdge to sell from neutral

Goldman downgraded the solar company on valuation.

″...while we downgrade SEDG on the back of elevated expectations and challenging valuation.”

Jefferies initiates Autodesk as buy

Jefferies said Autodesk is best positioned for agentic AI.

“With trough valuation and solid fundamentals, we see an attractive risk/reward at current levels.”

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