Here are the biggest calls on Wall Street on Tuesday: TD Cowen reiterates Amazon as buy TD Cowen raised its price target on the stock to $250 per share from $240 ahead of earnings “We Expect AMZN to Beat 2Q25 Consensus Estimates and Provide a Solid 3Q25 Guide.” Raymond James upgrades PNC to outperform from market perform Raymond James says the regional bank is well positioned. “We are upgrading PNC shares from Market Perform to Outperform, increasing our EPS estimates following recent commentary at an investor conference, and establishing a $220 price target.” Wells Fargo reiterates Alphabet as equal weight Wells raised its price target on Alphabet to $177 per share from $175. “Expect 2Q reported search revs and paid clicks to reaccelerate, providing temporary relief to competition and disruption narrative.” Wells Fargo reiterates Meta as overweight Wells raised its price target on Meta to $783 per share from $664. “Solid fundamentals, raising estimates on temporary tariff reprieves and healthy ad checks. Meta leadership taking decisive action to fortify its AI bets.” Deutsche Bank upgrades General Dynamics to buy from hold Deutsche says the defense company has a robust balance sheet. ” GD – Upgrade to Buy: Better EBIT growth than peers, more upside to estimates relative to peers, better FCF growth than peers, better balance sheet than peers, lower program risk than peers, cheaper valuation than peers.” TD Cowen reiterates Netflix as buy TD Cowen raised its price target on the stock to $1,440 per share from $1,325. “We view NFLX as well positioned ahead of a monster 2H25 slate; PT to $1,440, maintain Buy.” Bernstein initiates Bilibili as outperform Bernstein said it sees robust earnings power for the China online video sharing company. ” Bilibili is entering a new multi-year growth phase driving continued platform growth and improved monetization – market underestimating the future earnings power of its core video / advertising business…” KeyBanc upgrades Sunrun to sector weight from underweight Key said in its upgrade of the solar company that it sees several “stable” tailwinds. “With that said, RUN’ s vulnerability to regulatory risks has been laid bare and, we believe, should restrict multiple expansion in the medium run. However, given the dissipation of the immediate regulatory risk and ongoing market consolidation following the bankruptcy of another national competitor, we believe RUN should be able to have a stable tailwind in the near term; consequently, we are upgrading shares of RUN back to SW.” Stifel downgrades CoreWeave to hold from buy Stifel said in it sees too much uncertainty surrounding the company’s deal to buy Core Scientific. “CoreWeave and Core Scientific announced the signing of a definitive agreement under which CRWV plans to acquire CORZ for $20.40 per diluted share, funded via all stock through a 0.1235 fixed exchange ratio.” Read more . Loop downgrades Shake Shack to hold from buy Loop downgraded the burger chain stock mainly on valuation. “We are downgrading SHAK to HOLD this morning and are maintaining our PT of $127, based on ~25x our 2025 EV/EBITDA estimate.” HSBC downgrades Goldman Sachs and JPMorgan to reduce from hold and Bank of America to hold from buy HSBC says it’s taking a more “cautious stance” following the rally. “Downgrade Bank of America to Hold from Buy; downgrade JPMorgan to Reduce from Hold; downgrade Goldman Sachs to Reduce from Hold.” Read more . Bernstein reiterates Nvidia as outperform Bernstein says Nvidia remains extremely well positioned. “The datacenter opportunity is enormous, and still early, with material upside still possible.” Barclays upgrades National Vison Holdings to overweight from equal weight Barclays says the vision company is well positioned for growth. “We have a positive view on EYE’s transformation efforts, and we upgrade to OW from EW based on: 1) broader customer focus driving growth in TAM [total addressable mrket] and ticket; 2) wider optometrist reach via remote exams and improved hiring.” Morgan Stanley reiterates Tesla as overweight The firm says it’s sticking with the stock as a top pick. “While the situation remains fluid, we believe investors should be prepared for further devotion of resources (financial, time/attention) in the direction of Mr. Musk’s political priorities which may add further near-term pressure to TSLA shares.” TD Cowen upgrades Capital One to buy from hold TD Cowen says it sees “significant capital return.” “COF has been one of the most successful card issuers since its inception, having outgrown the industry and gained share consistently over the years.” Mizuho initiates Vital Farms as outperform Mizuho says the egg producer is well positioned. “Initiate coverage of Vital Farms with an Outperform rating and $45 PT.” Raymond James upgrades Parsons to strong buy from market perform Raymond James double upgraded the defense and national security company and says it’s a nuclear beneficiary. “We see estimates de-risked, opportunities with the FAA, Golden Dome (Missile Def and Left of Launch), nuclear opportunities, and are hopeful that easing war-tempo will create rebuilding opportunities and for PSN to keep its core/non-confidential contract growing in the LDD [low double digit] to mid teen rates.” Bernstein reiterates Oracle as outperform Bernstein raised its price target on the stock to $269 per share from $225. ” Oracle has always been a safe harbor stock amid economic uncertainty, but its growth story is shining through.” UBS upgrades KeyCorp to buy from neutral UBS says the regional bank company is “building momentum.” “With a superior capital arsenal, strong loan growth momentum, exposure to a potential 2H capital markets recovery — plus the potential for net interest income upside surprises — we think KEY is poised for EPS upgrades and multiple expansion, particularly on TBV [tangible book value].” KeyBanc reiterates Apple as sector weight Key says it’s sticking with its sector weight rating on the stock. “We remain SW Apple and raise our F3Q estimates above consensus, while lowering our F4Q estimates below consensus.”
