Here are Friday's biggest calls on Wall Street.
Here are Friday's biggest calls on Wall Street: Bank of America reiterates Nvidia as buy The firm said it's sticking with its buy rating on the stock following a meeting with Nvidia management at the Consumer Electronics Show. "Big-picture wise we feel more confident in: NVDA as AI incubator: NVDA's unique/highly leverageable silicon/system/software platform is spawning new growth engines in physical AI/robotics, on-premise AI workstations, AI PC, autonomous driving ...
to Buy , with a 12-month price target of $475. was a laggard in 2024, with shares -25%, which was driven by slowing sales trends in the U.S. However, our checks suggest a strong recovery of demand in December, suggesting that the U.S. could potentially accelerate this quarter." Bank of America names Chevron a top pick The firm said the oil and gas giant is a top idea in 2025. "We rate CVX Buy and it is our top pick into 2025 despite the oil macro on rising FCF from projects and cost cutting, and getting Hess certainty.
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