Oppenheimer downgrades Apple to perform, citing a weaker outlook and competition. Bernstein initiates Rivian as underperform, predicting profitability years away. Mizuho initiates MicroStrategy as outperform, seeing upside in the crypto company's bitcoin holdings strategy. Goldman Sachs downgrades Moderna to neutral due to limited visibility on revenue stream. Evercore ISI reiterates Nvidia and Apple as outperform, recommending buying the dip and bullish on Apple earnings.
Here are Wednesday's biggest calls on Wall Street : Oppenheimer downgrades Apple to perform from outperform Oppenheimer downgraded the stock ahead of earnings Thursday citing a "weaker outlook." "We see a twofold challenge ahead for iPhone growth: 1) stronger competition in greater China and 2) lack of compelling Apple Intelligence and generative AI apps to accelerate near-term device replacement.
's strategy is to use proceeds from debt and equity issuance to accumulate bitcoin with a goal of growing its bitcoin holdings per diluted share." Goldman Sachs downgrades Moderna to neutral from buy Goldman downgraded the biotech company due to limited visibility. "We downgrade MRNA to Neutral from Buy.
WALL STREET APPLE MICROSTRATEGY MODERNA Nvidia RIVIAN
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wall Street's Biggest Calls on ThursdayThis article highlights major stock market calls made by prominent Wall Street firms on Thursday.
Read more »
Wall Street's Biggest Calls for FridayA roundup of the latest Wall Street upgrades and downgrades, including notable calls on Chewy, Diamondback Energy, Apple, Tesla, Las Vegas Sands, and Microsoft.
Read more »
Wall Street's Biggest Calls on MondayHere's a roundup of the most significant stock calls from Wall Street analysts on Monday. Bernstein remains bullish on Nvidia and Broadcom, while Piper Sandler upgrades Fortinet. UBS reiterates Apple at neutral, RBC raises AT&T's rating, and Wells Fargo downgrades T-Mobile. Bank of America sticks with its buy rating on Amazon, and Wells Fargo initiates coverage of ServiceTitan with an overweight rating.
Read more »
Wall Street's Biggest Calls on TuesdayA roundup of the most notable stock calls made by analysts on Wall Street today, including buy ratings, upgrades, and price targets for companies like Penguin Solutions, Coca-Cola, PepsiCo, Citi, Wells Fargo, Bank of America, Cheesecake Factory, Vornado, and Bank of America.
Read more »
Wall Street's Biggest Calls WednesdayA roundup of the most notable upgrades and downgrades by analysts on Wall Street.
Read more »
Wall Street's Biggest Calls on ThursdayA roundup of major stock ratings changes on Wall Street, including upgrades and reiterations from prominent firms like Barclays, Morgan Stanley, Goldman Sachs, and Bank of America.
Read more »