Tuesday’s Top Wall Street Analyst Calls Highlight Nvidia, Netflix, Broadcom, Meta and More

The day’s most significant analyst moves included fresh coverage and rating changes across artificial intelligence, streaming, financial services, real estate, healthcare and industrial stocks.

Rosenblatt initiated coverage of SanDisk (SNDK) with a Buy rating and a $2,400 12-month price target, saying the company is performing strongly across its business.

Needham initiated GE Healthcare Technologies (GEHC) at Buy, arguing that the stock is already reflecting much of a bearish outlook and offers an attractive risk/reward profile.

Melius initiated coverage of Kinder Morgan (KMI) and Williams Companies (WMB) at Buy, describing the midstream sector as evolving from a cyclical commodity exposure into a high-yield utility hybrid supported by AI data-center demand and global LNG exports.

KeyBanc upgraded Plexus (PLXS) to Overweight from Sector Weight with a $300 price target following a series of investor meetings.

Bernstein reiterated Outperform ratings on Nvidia (NVDA) and Broadcom (AVGO), saying it owns both stocks and sees a clear path to strong growth despite constrained conditions. The firm called their valuations extremely cheap and expects AI spending to continue.

Piper Sandler upgraded MetLife (MET) to Overweight from Neutral, saying the market has yet to fully recognize the strategic execution that has transformed the company into a high free-cash-flow and return-on-equity life insurer.

BMO reiterated an Outperform rating on Netflix (NFLX), citing its survey of 940 U.S. consumers, which identified Netflix as the dominant streaming leader and the company best positioned to benefit from the shift from linear television to connected TV.

Jefferies reiterated a Buy rating on Meta Platforms (META) and raised its price target to $875 from $710. The firm sees Meta’s AI image-generation tool, Muse, showing strong consumer adoption and significant monetization potential through e-commerce and subscriptions.

Citi upgraded Fifth Third Bancorp (FITB) to Buy from Neutral and increased its price target to $62 from $59, saying a higher-interest-rate environment supports the bank’s repricing schedule.

Stifel initiated coverage of Rush Street Interactive (RSI) with a Buy rating and a $34 price target, calling the gaming company an attractive investment.

Evercore ISI reiterated an Outperform rating on CoreWeave (CRWV), saying the company is well positioned to serve and benefit from persistent demand for AI computing capacity.

RBC Capital Markets initiated SiriusPoint (SIP) at Outperform, expressing confidence in the transformation underway under Chief Executive Officer Scott Egan.

Jefferies initiated W.P. Carey (WPC) at Buy, citing potential for a rebound after five years of restructuring transformed the company into a scaled, diversified pure-play net lease REIT.

William Blair initiated Yesway (YES) at Outperform, describing its business as defensive. The firm said the company’s model and margin tailwinds from volatile oil prices should help protect it from high fuel costs and a consumer slowdown.

RBC Capital Markets initiated Everest Group (EG) at Outperform with a $455 price target, reflecting its positive view on the consulting firm’s turnaround.

Canaccord Genuity initiated Pasqal (PSQL) with a Buy rating and a $16 price target, citing substantial growth potential in quantum computing.

Roth initiated Deep Fission (DFI) at Buy, calling the nuclear technology company attractive. The firm highlighted its combination of conventional technology with an advanced nuclear approach designed to improve economics and safety.

Morgan Stanley upgraded West Pharmaceutical Services (WST) to Overweight from Equal Weight and raised its price target to $400, citing expectations for durable growth.

Jefferies initiated Crane NXT (CXT) at Buy with a $60 price target, citing mergers and acquisitions upside. The firm described the diversified industrial company as a niche provider focused on currency authentication and security.

Raymond James initiated Western Alliance Bancorporation (WAL) at Outperform with a $90 price target, saying the regional bank has substantial upside.

Bank of America double-upgraded Eldorado Gold (EGO) to Buy from Underperform, citing growth in gold and copper that should drive an upward free-cash-flow inflection.

Morgan Stanley downgraded Ericsson (ERIC) to Underweight from Equal Weight, citing limited revenue growth. The firm questioned the strength of Nokia’s valuation as a comparison, noting that Ericsson does not have direct exposure to AI or data centers.

Mizuho upgraded Invitation Homes (INVH) and American Homes 4 Rent (AMH) to Outperform from Neutral, citing improving subsector dynamics, a growth inflection and defensive characteristics in a higher-rate macroeconomic environment.

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