Ratings Weekly | Nvidia, Tesla, Alphabet, Broadcom, AMD, Oracle, Microsoft, and More to Watch

What has Wall Street been buzzing about this week? Here are calls made by Wall Street's best analysts during the week of October 6-10. 

Wells Fargo reiterates Tesla Motors as underweight

Wells said Tesla shares are overvalued.

“Remain UW; Too Much ‘Hype’ Baked In.”

TD Cowen reiterates Tesla Motors as buy

TD Cowen said it’s standing by shares of Tesla and raising its price target on the stock.

“We’re also Buy rated on Tesla (PT to $509 from $374)...”

UBS reiterates Tesla Motors at neutral

UBS raises its price target on the Elon Musk-led EV maker to $247 per share from $215.

“TSLA numbers will move higher post deliveries and while we expect tougher 4Q25, stock will move more on future AI commentary than numbers.”

Morgan Stanley reiterates NVIDIA as overweight

Morgan Stanley said it’s sticking with Nvidia.

“Our thoughts on the stock: We remain positive on the short- and long-term outlook here, and while the market is more optimistic now vs. 3-6 months ago, we still see the stock climbing a wall of worry from here.”

Cantor Fitzgerald reiterates NVIDIA as overweight

Cantor raised its price target on the stock to $300 per share from $240 following management meetings.

“We hosted NVDA mgmt for investor meetings in NYC this past week, including Jensen Huang (CEO), Colette Kress (CFO), Toshiya Hari (IR), as well as other Senior Executives.”

Goldman Sachs reiterates NVIDIA as buy

Goldman Sachs raises its price target on the artificial intelligence chip stock to $210 per share from $200.

“We see significant upside to 2026 estimates for Nvidia, and are comfortable in risk/reward as ‘circular’ deals represent less than ~15% of revenue in 2027E.”

TD Cowen reiterates Advanced Micro Devices as buy

TD Cowen raised its price target on AMD to $270 per share from $195.

“Neutral into the print on AMD (Buy): This would be positive, but after the landmark deal with OpenAI sent shares up 64% on the week, and with its 11/11 analyst day coming, the beat/raise we expect is unlikely to be a major catalyst.”

Citi reiterates Oracle as buy

Citi raised its price target to $415 per share from $395.

“After a historic Q1, ORCL shares have traded off 10%+ from recent highs on concerns around quality of backlog, profitability concerns following a slew of press reports and broader AI bubble/circularity concerns.”

Baird initiates Oracle as outperform

Baird said Oracle has “has positioned itself at the center of the most significant trend in the history of computing: AI.”

“We are initiating coverage of Oracle with an Outperform rating and $365 price target.”

Mizuho reiterates Oracle as outperform

Mizuho says shares of Oracle have more room to run ahead of its financial analyst day.

“We remain bullish on ORCL heading into the Financial Analyst Day, viewing it as a key catalyst to refocus attention on Oracle’s long-term AI growth story.”

BMO reiterates Alphabet as outperform

BMO raised its price target to $294 per share from $225.

“GOOGL’s AI leadership continues to translate into strength in core Search and GCP [Google Cloud Platform] per expert checks, as GOOGL benefits from ongoing AI integrations and product launches, driving incremental user value.”

Morgan Stanley reiterates Microsoft as overweight

Morgan Stanley said Microsoft is best positioned in AI spend.

“Microsoft remains best positioned to capture incremental share of GenAI spend and IT budgets as workloads move to the cloud.”

Goldman Sachs reiterates Broadcom as buy

Goldman analyst Jim Schneider says the stock is well positioned heading into earnings season.

“Jim continues to see AVGO as the leader in AI custom compute and merchant networking silicon.”

Morgan Stanley upgrades Micron Technology to overweight from equal weight

Morgan Stanley says the stock is cheap.

“Micron is pushing the envelope on valuation as the group rallies, but we believe we are looking at multiple quarters of double digit price increases which can lead to substantially higher earnings power - and resolve any lingering questions on specialty high bandwidth memory for AI.”