Top Calls on Wall Street: Nvidia, Alphabet, HPE, Ferrari, Take-Two, TripAdvisor & More

Here are Tuesday’s biggest calls on Wall Street:

Daiwa reiterates Nvidia as outperform

Daiwa said Nvidia has a robust competitive position.

“Our impression is positive as to the keynote and the GTC event overall. Nvidia remains in a very strong competitive situation.”

HSBC reiterates Alphabet as buy

HSBC cut its price target on the stock but says it’s sticking with Alphabet.

“Retain Buy, cut TP to USD420 (from USD435), implying ~14% upside. GOOGL remains uniquely placed to benefit from AI.”

Loop upgrades Hewlett Packard Enterprises to buy from hold

Loop said that HPE “has arrived” following the company’s earnings report on Monday.

“Upgrading to a Buy and raising our PT to $75 (from $23) as Apr Q was a historic blowout quarter as Agentic and Inferencing adoption is triggering not only amplified revenue growth but OM [operations manager] expansion as well.”

Bernstein reiterates Ferrari as outperform

Bernstein said Ferrari is the “master of its game.”

“After all the angst and hand wringing about the Luce electric vehicle that Ferrari launched a week ago Ferrari’s Field of Electric Dreams - Launch of the Luce on the evening of 25 May that triggered an 8% drop in European trading of the stock and a 5% drop in the US the next day on 26 May, we have a story this week that prove once again that Ferrari is still the master of its game.”

Piper Sandler initiates Take-Two Interactive as overweight

Piper said the “release of Grand Theft Auto (GTA) 6 could be one of the greatest entertainment launches of all-time.”

“We initiate on TTWO with an OW rating and $280 PT.”

Wedbush upgrades TripAdvisor to outperform from neutral

The firm said the stock is underappreciated.

“We believe the TripAdvisor story presents five underappreciated catalysts: 1) a governance transformation after the Apr′25 close of the LTRIP merger, which eliminated controlled-company status, 2) activist involvement by Starboard Value (9%+ stake; cooperation agreement for Board seats)...”

Deutsche Bank reiterates GE Aerospace as buy

Deutsche raised its price target on GE Aerospace and says it has “high conviction.”

“Our target price increases to $380 (from $367) on higher 2028 EPS estimates. We reiterate our high conviction Buy rating.”

Goldman Sachs downgrades Intuit to sell from neutral

Goldman said in its downgrade of Intuit that fundamentals are getting worse.

“Our primary concern is that Intuit is entering a period of heightened competition in tax. Much of this concern is already reflected in the stock, at down -46% YTD vs. the S&P 500 +11%, and now trading at 19x GAAP EPS.”