Here are Tuesday's biggest calls on Wall Street.
Here are Tuesday's biggest calls on Wall Street: UBS upgrade Rivian to buy from neutral UBS said in its upgrade of the EV maker that it sees an attractive risk/reward." "We upgrade RIVN to Buy seeing an improved set-up, though our 12-month PT goes to $24 from $26." Read more about this call here. Bank of America reiterates Apple as neutral Bank of America said Apple Services is the "next leg of growth." "We rate Apple Neutral as we see risk-reward as balanced.
"We upgrade EA to Buy as the balance of risk appears more favorable." Bank of America reinstates Northern Trust as buy Bank of America resumed coverage of Northern Trust and said the regional bank is "well positioned to navigate the cycle." "We believe that the stock offers a compelling entry point to gain exposure to a hard to replicate wealth management franchise that caters to high-net and ultra-high-net worth clientele.
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