Top Calls on Wall Street: Nvidia, Meta, Dell, FedEx, Amazon, Etsy, ASML and More

Here are Thursday’s biggest calls on Wall Street:

• Roth Capital Partners initiates coverage of SailPoint with a Buy rating and a $19 price target, saying the identity-security company is a market leader focused on Identity Governance and Administration (IGA).

• Citizens Financial Group initiates coverage of Brown & Brown with a Market Outperform rating and a $70 price target, citing further upside potential.

• JPMorgan Chase upgrades Ameren to Overweight from Neutral, citing stronger confidence in the company’s growth outlook amid rising data-center demand.

• Citizens Financial Group initiates coverage of Regional Management with a Market Outperform rating, citing momentum following its first-quarter earnings release and Column partnership announcement.

• Goldman Sachs upgrades Occidental Petroleum to Neutral from Sell, pointing to improving efficiencies, lower debt levels, and progress in reducing capital intensity and operating costs.

• UBS upgrades GE HealthCare Technologies to Neutral from Sell, saying the stock is undergoing a “valuation reset” after declining about 30% since January.

• William Blair assumes coverage of Dynatrace with an Outperform rating, citing the company’s differentiated observability platform architecture.

• Morgan Stanley reiterates an Underweight rating on Dell Technologies while raising its price target to $170 from $110 ahead of next week’s earnings, citing strong AI server demand but elevated valuation concerns.

• Argus Research upgrades Etsy to Buy from Hold, citing improving metrics and AI-related growth opportunities.

• Oppenheimer & Co. initiates coverage of JBT Marel with an Outperform rating, citing secular growth, recurring revenue, margin expansion, and strong free cash flow generation.

• Citigroup reinstates coverage of FedEx with a Buy rating and a $443 price target, citing favorable operational and macroeconomic tailwinds.

• Bank of America reiterates a Buy rating on Amazon, saying Alexa for Shopping could help drive the company’s push into the “Agentic Era” of AI-powered e-commerce.

• Morgan Stanley reiterates an Overweight rating on NVIDIA and raises its price target to $288 from $285 following earnings, calling the stock the “best value in semis.”

• Wolfe Research reiterates an Outperform rating on Meta Platforms, saying the firm remains bullish despite the stock’s increasingly “controversial” status.

• UBS reiterates a Buy rating on ASML Holding, calling it the most attractive risk/reward opportunity in the sector.