Ratings Weekly | Nvidia, CoreWeave, Broadcom, Apple, Alphabet, Netflix, Salesforce, Snowflake, Tesla, Meta 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 Dec 1-5. 

Bernstein reiterates Nvidia as outperform

Bernstein says Nvidia is well positioned in the data center space.

“The datacenter opportunity is enormous, and still early, with material upside still possible.”

Bank of America reiterates Nvidia as buy

Bank of America said it’s sticking with the stock.

“Our $275 PO is based on 28x CY27E PE ex cash, within NVDA’s historical 25x-56x forward year PE range, which we believe is justified by NVDA’s leading share in fast-growing AI compute/networking markets, offset by lumpiness in global AI projects, cyclical gaming market, and concerns around access to power.”

Roth initiates CoreWeave at buy

The firm says the stock is “positioned to be a top-four market share winner in an AI Cloud market.”

“We are initiating coverage on CRWV with a Buy rating and $110 price target.”

Freedom Capital Markets initiates CoreWeave as buy

The firm says it sees plenty of upside in shares of CoreWeave.

“Although CRWV is in investors’ penalty box, we believe the stock significantly overstates the risk that it will not deliver its $56B multi-year revenue backlog. We believe its payments from hyperscalers, which support its capital expenditures, are secure for several years.”

Mizuho reiterates Broadcom as outperform

Mizuho says the stock is a top pick heading into earnings next week.

“We are buyers on AVGO heading into earnings next week”

Citigroup reiterates Broadcom as buy

Citi says it’s bullish on the stock ahead of earnings on December 11.

“We expect AVGO to report results above Consensus, driven by continued AI strength (31% of F25E sales), particularly as Google extends its TPUs to external customers.”

Deutsche Bank reiterates Broadcom as buy

Deutsche said Broadcom is well positioned ahead of earnings on December 11.

“Overall, we believe that a combination of acceleration in AI related growth and a cyclical rebound in the company’s core business should position the company well headed into FY26 despite increasing concerns surrounding the sustainability of industry-wide AI spend. As such, we maintain our Buy rating.”

CLSA reiterates Apple as outperform

CLSA raises its price target on the stock and says investors should buy the dip.

“Apple is akin to a consumer staple in financial predictability, even as the hope of an AI fix lingers. ... . Elsewhere, iPhone sales are surging to new highs, driving a 3-5% increase to FY26-27CL revenue and earnings. We lift our TP from US $265 to US $330...”

KeyBanc reiterates Apple as sector weight

The firm says its checks indicate “slightly stronger iPhone 17 sell-through than previously expected” from Apple.

“Results from our November iPhone 17 carrier surveys and KFL Data were mixed, as our iPhone carrier survey was slightly positive, while Key First Look Data results were down y/y. Our carrier survey indicates iPhone 17 saw sell-through tracking slightly above store expectations.

Bernstein reiterates Apple as outperform

The firm said its checks show Apple’s iPhone sales remain robust.

“Strong iPhone 17 sales continued into October. Apple achieved its highest-ever single-month market share in October, reaching 24.2%, as unit sales increased 30% MoM / 12% YoY fueled by robust sales in both China and the US.”

MoffettNathanson reiterates Apple as neutral

MoffettNathanson said Apple is a services company, not a hardware company.

“Apple is still viewed, by most, as a hardware company. Most of the coverage of Apple’s blow-out FYQ4 results focused on Apple’s raised guidance for the iPhone 17. There’s a strong case to be made, however, that it is Services, not hardware, that is now the most important part of the Apple story.”

Pivotal reiterates Alphabet as buy

The firm raises its price target on the stock to a Street high $400 per share from $350.

“Search is a resilient cash cow with pricing power, a powerful driver of GOOG’s best in class
Gemini AI, with an opportunity to leverage AI take massive costs out of the search business.”

Evercore ISI reiterates Netflix as outperform

Evercore says “fundamentals are strengthening.”

“We acknowledge that NFLX shares have been largely reactive to recent developments re: potential strategic outcomes. But we believe Netflix’s long-term fundamental outlook is increasingly strengthening, thanks to its highly compelling value proposition, its excellent execution track record, and its improved global, competitive positioning.”

Goldman Sachs reiterates Salesforce as buy

The firm says it’s sticking with the stock following earnings on Wednesday.

“We reiterate our Buy rating and $385 PT following Salesforce’s F3Q26 results, where revenue and guide were largely in-line with expectations.”

Morgan Stanley reiterates Snowflake as overweight

Morgan Stanley raises its price target on Snowflake to $299 per share from $272 following earnings.

“Product rev growth of +29% falls short of investor expectations but a strong bookings and a robust Q4 guide suggest demand remains healthy.”

RBC reiterates Tesla as outperform

RBC says Tesla is a key player in the humanoid race but that the robot race remains wide open.

“Tesla is focusing on deploying its Optimus humanoid robot across manufacturing, hospitality, and consumer markets, while intentionally excluding military and police applications.”

Wells Fargo reiterates Amazon as overweight

Wells raised its price target on Amazon to $295 per share from $292.

“Should cloud industry supply constraints sustain, see mgmt expectation for doubling AWS capacity by ’27 supporting multi-qtr revenue acceleration. Estimate new capacity could add $150B in annual revenue, driving material upside pot’l to ’27/’28 ests.”

Evercore ISI reiterates Meta as outperform

The firm said Meta’s WhatsApp has “monetization potential.”

“We believe WhatsApp can become for META a 40x30 segment – one that can generate $40B in revenue by 2030 or 10% of total revenue, generating approx. $20B in operating income and $7.15 in EPS that year.”