Top Calls on Wall Street: Apple, Tesla, Amazon, Nike, Microsoft, Walmart & More

Here Are the Biggest Calls on Wall Street on Monday:

JPMorgan upgrades Marathon Digital to Overweight from Neutral

JPMorgan sees upside for the bitcoin miner.

“We are upgrading MARA to OW (from Neutral), as shares do not reflect the company’s revised YE25 hashrate target, even after considering capex requirements.”

Morgan Stanley reiterates Amazon (AMZN) as Overweight

Amazon is seen as a beneficiary of recent legislation.

“We see AMZN capturing ~$15bn/year in tax benefits. While most will be re-invested in AWS, even investing 50% of the annual cash flow benefit paints a much faster path to billions of annual automation savings.”

Wells Fargo initiates Take-Two Interactive (TTWO) as Overweight

Bullish on Grand Theft Auto VI’s 2026 release.

“We anticipate GTA 6 sells 50M units in FY27, the first year post-launch, at an $80 base game retail ASP.”

BMO initiates MongoDB (MDB) as Outperform

Positive view on valuation.

“We are launching on MongoDB with an Outperform rating and a $280 target price.”

Bank of America reiterates Apple (AAPL) as Buy

Focus on margins ahead of earnings.

“As we head into F3Q25 earnings aftermarket on July 31, sentiment is negative due to tariffs, DOJ investigation, App Store headwinds, and AI concerns.”

Mizuho downgrades GE Vernova (GEV) to Neutral from Outperform

Price target raised but valuation stretched.

“We increase our PT to $670, up 63%, due to accelerating EBITDA margins and higher gas power capacity beyond 2028.”

Morgan Stanley upgrades Hesai (HSAI) to Overweight from Equal Weight

Bullish on autonomous driving growth.

“We expect robotaxis and smart home robotics to drive revenue growth from 2026 onward.”

Bernstein upgrades Charter Communications (CHTR) to Outperform from Market Perform

Recommends buying the dip.

“Despite secular challenges, we are looking ahead to CHTR’s narrative for 2026.”

Deutsche Bank reiterates Tesla (TSLA) as Buy

Patience urged for robotaxi rollout.

“Tesla’s service has only logged ~7k miles since June 22 with 10–20 vehicles. Musk aims to cover half the US by year-end.”

Oppenheimer initiates Wave Life Sciences (WVE) as Outperform

Sees upside in biotech stock.

“We initiate with an Outperform rating and a $24 price target.”

Canaccord initiates Gold Fields (GFI) as Buy

Favorable positioning among global gold producers.

“Gold Fields is one of the top 10 producers globally, headquartered in South Africa.”

Morgan Stanley reiterates Walmart (WMT) as Overweight

Leader in AI-driven retail efficiency.

“AI use cases are accelerating in food retail. WMT is a clear leader.”

Evercore ISI downgrades Cisco (CSCO) to In Line from Outperform

Valuation limits further upside.

“The stock is within 6% of our $72 price target, after a +46% move in the last year.”

Bank of America reinstates Surgery Partners (SGRY) as Buy

Reinstated with a bullish view post-rejected buyout.

“We no longer believe the stock is trading on deal speculation.”

Wolfe upgrades Texas Instruments (TXN) to Outperform from Neutral

Positive on CapEx strategy.

“We’re upgrading TXN and setting a $230 price target.”

JPMorgan upgrades Nike (NKE) to Overweight from Equal Weight

Turnaround underway for global athletic leader.

“We see revenue growth re-accelerating into 2H26/FY27 after product and inventory issues.”

Benchmark initiates Lionsgate Studios (LION) as Buy

Bullish on movie studio prospects.

“We initiate with a BUY rating and an $8.50 eighteen-month price target.”

Stifel reiterates Microsoft (MSFT) as Buy

Price target raised to $550 ahead of earnings.

“CapEx for FY26 could exceed estimates, mirroring Alphabet’s recent comments.”

JPMorgan downgrades American Eagle (AEO) to Underweight from Neutral

Citing promotional risk and earnings pressure.

“We flag 3Q EPS 12% below consensus and FY26 EPS 15% lower due to merchandising missteps.”

Argus upgrades Las Vegas Sands (LVS) to Buy from Neutral

Completed capex programs boost outlook.

“We expect shares to rally post-completion of capital investments.”