Apple Inc.

NASDAQ Global Select
Back to all articles
Bullish +75

Here are Friday's biggest analyst calls: Nvidia, Apple, Tesla, Netflix, Disney, Alphabet, Tripadvisor & more

AI-generated analysis

🔍 BMO initiates Honeywell with an outperform rating, citing strategic review catalysts and balance sheet flexibility despite lagging shares.

🏰 Wells Fargo maintains Disney as overweight but lowered the price target to $148 due to a lack of narrative excitement.

🚛 Evercore ISI upgrades Knight-Swift to outperform from in line, viewing the transport company as undervalued relative to peers.

📺 B Riley initiates FuboTV with a buy rating and sets a 12-month price target of $18, citing consumer-first streaming potential.

💊 Deutsche Bank initiates Atai Life Sciences (AtaiBeckley) as a buy, highlighting its position in the psychedelic medicine field.

🩸 Needham initiates BioAge Labs with a buy rating, anticipating significant upside following recent strong stock performance for obesity drugs.

🚗 Piper Sandler reiterates Tesla as overweight, noting anticipated rising contributions from full self-driving (FSD) software.

🏨 Bank of America upgrades Tripadvisor to buy from neutral, driven by activist engagement and strategic optionality across the portfolio.

💻 Wells Fargo reiterates Nvidia as overweight, pointing to upside in gaming GPUs, data center, HPC, and emerging AI opportunities.

💧 Jefferies upgrades Primo Brands to buy from hold, valuing the water company's combination of value, growth, and visibility.

🥈 UBS upgrades Wheaton Precious Metals to buy on unchanged $160/share price target, citing entry into a growth phase.

⚡ William Blair initiates nLIGHT as outperform, estimating roughly $80 billion annual spend on air defense systems open to laser technology.

🏘️ RBC initiates Sonida Living as outperform, highlighting significant added scale and unappreciated value in its senior housing platform.

🛢️ Canaccord initiates NovaGold Resources with a specific buy rating and $13.00 target price for the gold mining company.

📱 Nomura upgrades PDD Holdings (Pinduoduo) to buy, finding the stock too cheap at 8.6x FY26F P/E with substantial net cash.

⚡ BMO upgrades Quanta Services to outperform from market perform, deriving a more discrete estimate for future in-organic EBITDA.

🏭 JPMorgan upgrades Argan to overweight following strong Q4 earnings driven by Trumbull Energy Center completion and solar projects.

🎬 Citi reiterates Netflix as buy ahead of Mid-April earnings, expecting 1Q26 revenue/EBIT to beat consensus due to FX tailwinds.

Bullish Signals
  • BMO initiates Honeywell as outperform, citing additional opportunities through the end of the decade, upcoming catalysts from strategic reviews and spin updates, and balance sheet flexibility providing downside protection.
  • Wells Fargo remains overweight on Disney despite lowering the price target to $148 per share, noting Q2 as pivotal with a new leadership team offering an opportunity to accelerate growth into full-year 2026.
  • Evercore ISI upgrades Knight-Swift to outperform from in line, viewing the transport company as compelling due to its leverage to the improving fundamental backdrop while trading at low multiples across peers.
  • Deutsche Bank initiates Atai Therapeutics as buy, highlighting the company's position in the psychedelic renaissance and potential to become a leader in psychedelic medicine for mental health conditions.
  • Needham initiates BioAge Labs as buy with significant upside seen even after recent strong stock performance on obesity drugs.
  • Piper Sandler reiterates Tesla as overweight with anticipation of rising contribution from full self-driving (FSD) software within the next several years.
  • Bank of America upgrades Tripadvisor to buy from neutral, pointing to activist engagement and strategic optionality across the portfolio as catalysts for value realization.
  • Wells Fargo maintains an overweight rating on Nvidia citing positive competitive positioning in gaming GPUs and expanding growth opportunities in data center, HPC, and emerging AI areas like autonomous vehicles and robotics.
  • Jefferies upgrades Primo Brands to buy from hold, highlighting a rare combination of value, growth, and visibility as the company has plenty of levers to pull.
  • UBS upgrades Wheaton Precious Metals to buy on an unchanged $160/sh price target, noting the company is entering a growth phase.
  • William Blair initiates nLIGHT as outperform, estimating that laser systems could take share from the roughly $80 billion annual spend on U.S. and allied air defense systems.
  • RBC initiates Sonida Living as outperform, citing significant added scale, notable earnings accretion, and reduced leverage following a transformative acquisition.
  • Canaccord initiates NovaGold Resources with a SPEC BUY rating and $13.00 target price on its bullish outlook for the gold mining company.
  • Nomura upgrades PDD Holdings to buy from neutral, finding the stock too cheap at merely 8.6x FY26F P/E with USD69bn in net cash balance and ability to deliver 11% earnings CAGR over 2026-28F.
  • BMO upgrades Quanta Services to outperform from market perform, deriving a more discrete estimate for potential future in-organic EBITDA not previously included in valuation.
  • JPMorgan upgrades Argan to overweight following strong F4Q results where EPS beat expectations due to substantial completion at the Trumbull Energy Center and later-stage construction at solar & storage projects.
  • Citi reiterates Netflix as buy ahead of Mid-April earnings, expecting 1Q26 revenue and EBIT to modestly beat consensus driven by FX tailwinds and a potential raise in FY26 guidance.
Risk Factors
  • Wells Fargo lowered its price target for Disney to $148 per share from $150, despite maintaining an overweight rating.
  • Disney is suffering from a lack of excitement in the market narrative according to Wells Fargo analysis.
  • Citi expects Netflix to rely on FX tailwinds and price hikes to beat consensus revenue in Q1 2026 rather than organic growth improvements.
Full Analysis
Wall Street analysts released a series of significant updates on Friday, highlighting opportunities across technology, biopharma, consumer discretionary, and energy sectors. In the tech space, Wells Fargo reiterated an Overweight rating on Nvidia citing strong competitive positioning in gaming GPUs and growth potential in data center and artificial intelligence applications like autonomous vehicles and robotics. On the streaming front, Bank of America upgraded Tripadvisor from Neutral to Buy, driven by activist engagement and strategic optionality, while Citi maintained a Buy rating on Netflix ahead of its Mid-April earnings report, forecasting modest revenue and EBIT beats due to foreign exchange tailwinds and expected price hikes. Tesla also saw continued support as Piper Sandler reiterated an Overweight rating, anticipating rising contributions from full self-driving (FSD) software over the coming years. In biopharma and healthcare, Deutsche Bank initiated coverage of AtaiBeckley with a Buy rating, positioning the company as a leader in the emerging psychedelic medicine market for mental health conditions. Needham followed suit with an initiation of BioAge Labs as a Buy, bullish on its obesity drugs despite recent stock performance. The brokerage Evercore ISI upgraded Knight-Swift Transport to Outperform from In Line, describing shares as compellingly valued with high leverage to improving fundamentals and low multiples relative to peers. Additionally, RBC initiated Sonida Living with an Outperform rating, noting the senior housing company has emerged as the 8th largest U.S. owner with significant unappreciated value following a transformative acquisition that reduces leverage and adds earnings accretion. The energy and materials sectors also received attention from major banks. UBS upgraded Wheaton Precious Metals to Buy from Neutral on an unchanged $160 per share price target, stating the company is entering a growth phase. JPMorgan upgraded Argan Energy to Overweight from Neutral following Fourth Quarter earnings that surpassed expectations, largely due to early completion at the Trumbull Energy Center and progress on solar and storage projects. Meanwhile, JPMorgan's analysis of Argan also included strong fundamentals in transmission, distribution, and generation investment, with BMO upgrading Quanta Services to Outperform based on revised estimates for future inorganic EBITDA. Finally, Jefferies upgraded Primo Brands to Buy from Hold, citing the company offers a rare combination of value, growth, and visibility as it pulls various operational levers.