Top Calls on Wall Street: Nvidia, Micron, Nike, Cisco, Boeing, CoreWeave, Circle, Meta, AutoZone & More

Here are the biggest calls on Wall Street on Thursday:

KeyBanc upgrades Carpenter Technology and ATI to overweight from sector weight

KeyBanc says specialty metals companies have pricing power.

“Amid recent margin performances and bottoming backlogs, we are upgrading ATI and CRS to Overweight (from Sector Weight).”

Bernstein initiates Hesai at outperform

Bernstein called the autonomous vehicle and humanoid light sensor company a “global leader.”

“Hesai is riding the wave of the intelligent vehicle boom.”

Morgan Stanley names Micron a top pick

The investment bank raises its price target on Micron Technology to $325 per share from $220.

“We are entering uncharted territory, as we have a 2018-style shortage forming but from a much higher EPS starting point; we expect serial upwards revisions to continue, as soon as next week.”

Oppenheimer reiterates Nvidia as outperform

Oppenheimer raises its price target on the stock ahead of earnings next week.

“NVDA remains best positioned to win in AI. Reiterate Outperform. Target to $265 (from $225).”

Benchmark initiates Vital Farms as buy

Benchmark says it’s bullish on the egg company.

“For long-term oriented investors, we believe Vital has a sustainable runway of double-digit growth that we believe is wholly overlooked at the current valuation.”

Goldman Sachs upgrades AutoZone to buy from neutral

Goldman says investors should buy the dip in the auto parts retailer.

“For AZO, we see a more attractive risk/reward following the recent selloff, and we expect AZO’s domestic DIFM [do it for me] business will continue to take share, while DIY demand headwinds are likely to be temporary.”

Goldman Sachs downgrades Dollar Tree to sell from buy

Goldman says it sees too many negative catalysts.

“We are downgrading DLTR to Sell from Buy. DLTR’s management team has worked hard to improve the company’s positioning through its multi-price initiative and improved store conditions, which has resulted in better comp trends and improved margins.”

Wedbush adds Meta Platforms to best ideas list; upgrades Booking Holdings and DoorDash to outperform from neutral

The investment bank says it sees more upside in Meta, Booking Holdings and DoorDash.

“Post-results, we think the disconnect between fundamentals and investor sentiment offers attractive upside to META, BKNG, and DASH. With this report, we are adding META to the Wedbush Best Ideas List, and upgrading our ratings of BKNG and DASH to Outperform.”

Deutsche Bank upgrades FireFly Aerospace to buy from hold

Deutsche says in its upgrade of FireFly that the space company is “ready to ignite.”

“We update our model, factoring in an updated launch and program win cadence; we also refine our SciTec contribution for the upcoming quarter/year. This takes our price target down by $10 to $30, still implying material upside from current levels and upgrade the stock from Hold to Buy.”

JPMorgan upgrades Circle Internet to overweight from underweight

The firm double upgrades the stock following earnings.

“We are upgrading Circle shares from Underweight to Overweight.”

Compass Point initiates CoreWeave as buy

Compass says the company is “still the one to beat.”

“We are initiating coverage of CoreWeave (CRWV) with a Buy.”

Wells Fargo upgrades Nike to overweight from equal weight

Wells says the athletic shoe maker’s visibility is improving.

“Upgrade to OW and raise PT to $75. We feel the time has come where visibility into NKE’s P&L direction (both on revs and margin) is finally improving.”

Bank of America reiterates Cisco as buy

Bank of America raises its price target on Cisco to $95 per share from $85 following earnings.

“The quarter’s tale is about very strong orders for AI networking and a $3bn FY26 AI revenue target, vs. $1bn recorded in 2025.”

Oppenheimer initiates Rocket Companies as outperform

Oppenheimer sees robust demand for the fintech company.

“Initiating coverage of Rocket Companies (RKT) with an Outperform rating and a $25 target, representing 15x 2027E EBITDA.”

Bank of America upgrades Trane to buy from neutral

Bank of America says the company should benefit from a “transport recovery” in 2026.

“We upgrade our rating on Trane Technologies (TT) to Buy from Neutral: (1) Trane has executed well through the [residential] slowdown in 2H25 and should get the potential upside in 2026; (2) Trane should benefit from Americas Transport recovery in 2026.”

Bernstein reiterates Boeing as outperform

Bernstein lowers its price target on the stock to $267 per share from $287.

“After Boeing reported Q3 earnings on October 30th, the stock fell sharply even with above consensus revenues. Boeing reiterated that it is on track for 737 and 787 production ramps. We see those ramps as most important for the stock, despite the 777X delay impact. Boeing shares reacted negatively as investors became concerned about Capex levels and cash flow implications. Shares have not recovered.”

Argus upgrades Kimberly-Clark to buy from hold

Argus says it likes the company’s deal for Kenvue.

“KMB manufactures and markets personal care and consumer tissue products worldwide. The company is making substantial changes to its portfolio, including the acquisition of Kenvue Inc., which will create the second largest health and wellness company globally and is expected to be accretive to earnings in the second year.”