Here are Thursday's biggest analyst calls: Nvidia, Netflix, Dell, Microsoft, Boeing, Cisco, Micron, Nike & more

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Here are Thursday's biggest analyst calls: Nvidia, Netflix, Dell, Microsoft, Boeing, Cisco, Micron, Nike & more
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Here are the biggest calls on Wall Street on Thursday.

Here are Thursday's biggest calls on Wall Street: Evercore ISI reiterates Netflix as outperform Evercore said it's bullish heading into the company's investor event on Thursday. " Netflix is simply running away with the Streaming market thanks to excellent execution, a stellar content slate, and scale advantages.

" Raymond James downgrades JetBlue to market perform from outperform Raymond James downgraded the stock mainly on valuation. "We are downgrading JetBlue to Market Perform on more balanced risk-reward, with the shares having reached our $5.00 target price following our April tactical upgrade — the third best performing scheduled service U.S. airline in our coverage." Jefferies upgrades Petrobras to buy from hold Jefferies said the Latin America energy company has an attractive risk/reward. " PBR mgmt's aim to cut costs to weather lower oil prices and base dividend commitment positively skews the risk/reward for the stock, in our view." TD Cowen initiates Bank of America as buy TD Cowen said the banking giant is well positioned. "In fact, rather than a market share donor, Bank of America is emerging as a very formidable competitor and, tied to this, driving market share gains not because of price but tied to the differentiated experience the company is providing to its customers." Bank of America reiterates Dell as buy Bank of America said it's sticking with Dell ahead of earnings on May 29. "Reiterate Buy as we are still in the early stages of AI adoption, margins from mix, and tailwinds from PC refresh and longer-term AI PCs." UBS downgrades Alcoa to neutral from buy The firm said the stock's valuation is not compelling. "AA has benefited from improvement in risk appetite and downside risk to demand is lower; but it remains unclear if AA will directly benefit." Citi initiates Webtoon as buy Citi said the story telling platform is undervalued. "We initiate on WBTN at Buy/High Risk with a US$11 TP. It has lost over half its market value since its June 2024 IPO, due to short-term operational softness and unmet early expectations. Yet with consensus now reset and execution underway, we believe the stock is undervalued." Citi reiterates Microsoft as buy Citi raised its price target to $540 per share from $480. "We stay constructive on MSFT's leading position in GenAI, reiterate our Buy rating and raise target price to $540." Roth MKM initiates Rubrik as buy Roth said the cyber company is a "data security leader." "We are initiating coverage of RBRK with a Buy and PT of $97." Wells Fargo upgrades Cisco Systems to overweight from equal weight Wells said it sees "AI momentum" following the company's earnings report on Wednesday. "Upgrade CSCO to OW; $75 PT ; most notably driven by: 1. Accelerating AI momentum + diversification; $600M+ in new orders in F3Q25 vs. $350M in F2Q25, 2.LT Enterprise AI oppy via NVDA alignment.." Jefferies reiterates Nike as buy Jefferies said Dick's buying Foot Locker would be a positive for Nike. "A better-run FL, combined with a cleaner marketplace and resonant innovation, should support NKE's recovery." TD Cowen downgrades Dick's to hold from buy TD Cowen said it's negative on Dick's acquiring Foot Locker. "With FL Dick's would be more exposed to Streetwear and lifestyle fashion trends, mall-based retail, and will be competing with smaller, more nimble sneaker retailers and marketplaces that are gaining share." Wolfe reiterates Boeing as outperform Wolfe raised its price target on the stock to $230 per share from $195 following the company's announcement with Qatar Airways. "In conjunction with President Trump's visit to Qatar, BA signed an agreement with Qatar Airways for up to 210 widebody aircraft, valued at ~$100B." Bank of America reiterates CoreWeave as buy Bank of America said the AI hyperscaler is "best of breed" following earnings on Wednesday. "CoreWeave delivered a solid first quarter as a public company, with 16% revenue upside to our model driven by better return on net assets." Mizuho downgrades CrowdStrike to neutral from outperform Mizuho said it's waiting for a more attractive entry point. "Having said that, our recent CRWD checks have moderated while some potential risk factors have emerged, and yet the shares have been remarkably robust and now trade above our $425 price target. As such, we are downgrading our rating on CRWD to a Neutral from Outperform, and we recommend waiting for a better entry point." Wolfe upgrades Pinterest to outperform from peer perform Wolfe said the stock's "fundamental health" is improving. "We are upgrading PINS to OP with a $40 PT as we see i) macro overhang more muted than before; ii) sustained core fundamentals from product improvements - notably Performance+" KeyBanc reiterates Nvidia as overweight The firm said it's sticking with shares of the stock. "We see NVDA as remaining uniquely positioned to benefit from AI/ML secular data center growth within the industry." Citi reiterates Advanced Micro Devices as neutral and Micron as buy Citi said both stocks are beneficiaries of deals announced in Saudi Arabia earlier this week. "We believe both AMD's and Nvidia's deals with HUMAIN should benefit Micron as well given Micron supplies HBM AI memory to both AMD and NVDA." DA Davidson downgrades CoreWeave to underperform from neutral DA said in its downgrade of the stock that it's "not a business worth scaling" following earnings on Wednesday. "The first detailed earnings report, with updated actuals and guidance, confirm our concern that CoreWeave is not a business worth scaling, and we question the value of the equity, thus we are downgrading CRWV to UNDERPERFORM from Neutral while maintaining a $36 target."

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