Top Calls on Wall Street: Apple, Nvidia, Microsoft, Meta, Robinhood, Dell, Nike, and More

Here are Tuesday’s the biggest calls on Wall Street:

Wedbush reiterates Apple as outperform

Wedbush said it’s sticking with Apple ahead of its new product reveal on Tuesday.

“While, Cook & Co. have done an extremely good job so far navigating a complex and challenging tariff environment, we expect the company to potentially raise prices on the Pro/Pro Max by ~$50 to ~$100 as it continues to focus on production in India as the majority of iPhones sold in the US are now being made in India rather than in China and expected to be a ~$1 billion headwind in the September quarter.”

KeyBanc reiterates Nvidia & Broadcom as overweight

KeyBanc said it remains bullish on both stocks.

“From a stock perspective, we recommend positioning in stocks indexed to gen AI and/or are further through the destocking process and thus favor NVDA and AVGO.”

Evercore ISI reiterates Microsoft as outperform

The firm said investors should buy the dip.

“Regardless of the exact reason for the relative weakness over the last month, our view is that you own MSFT for the long-term compounding nature of the business, and on that front, we remain confident that the company is well positioned to monetize AI at both the infrastructure and agentic layer when looking out 3-5 years.”

Bank of America reiterates Meta as buy

Bank of America said it’s bullish heading into the Meta Connect Developer’s Conference next week.

“For developers, Meta may also use the event to unveil new AI features across core apps, updates on Meta AI, and Llama. Maintain Buy.”

Bernstein reiterates Robinhood as outperform

Bernstein said its sees “significant headroom in market share” for the stock.

“Robinhood was added to the S&P 500 index last Friday. We have never seen HOOD with the old lens of simply a platform for speculative retail traders. We believe, HOOD is a financial services market leader for the new generation.”

Bank of America reiterates Dell as buy

The firm said it’s sticking with Dell after the company announced a transition to a new CFO on Monday.

“Our Buy rating is based on broad product portfolio, upside from AI, growth faster than the market, continuing share gains, and opportunity to grow margins over the next several years on higher mix of storage and mix shift to premium configurations in PCs and servers, which offset risks including a slow global economy, and high financial leverage.”

Jefferies Nike to the franchise picks list

Jefferies said Nike is a new top idea at the firm.

“Brand Still Strong With 8B People TAM [total addressable market] Serving ‘Everyone’ In a Healthy Industry.”

Deutsche Bank reiterates McDonald’s as buy

Deutsche said the fast food giant is raising its “value game”

“On 9/8, MCD launched the latest stage in its value strategy with the return of Extra Value Meals as the brand looks to address the pricing architecture of the core menu. MCD and its franchisees have agreed to keep the prices of eight popular combo meals 15% below the sum of the a la carte items, noting the average discount was previously 10-11%.”

Citi upgrades Dick’s to buy from neutral

Citi said the combination of Dick’s and Foot Lock is a “powerful force.”

“With the close of the DKS/FL deal on 9/8, we are upgrading DKS from Neutral to Buy and raising our TP from $225 to $280.”