Top Calls on Wall Street: Nvidia, Apple, SpaceX, Netflix, Tesla, Alphabet, EchoStar, 3M & More

Here are Friday’s biggest calls on Wall Street:

Bank of America reiterates Nvidia as buy

Bank of America says Nvidia remains the most-owned semis stock.

“In the S & P 500, NVDA remains most-owned semi at 77.8% of funds, followed by AVGO at 75.1%; least-owned are SWKS at 3.0%, MCHP/ON at ~5%”

HSBC upgrades Apple to buy from hold

HSBC says it sees a “strong cycle ahead.”

“Apple’s strong product pipeline and improved AI capabilities to support hardware revenue growth, we increase 2027e by 7%.We also expect AI applications to boost higher margin Services revenue: we increase 2027 estimates by 5.4%”

Bernstein reiterates SpaceX as outperform

Bernstein urged clients to remain calm following the delay of the Starship launch for SpaceX.

“We have watched scrubbed launches before, as they are not unusual. Our modeling assumptions have been that Starship launches are on a timeline through 2031 that is slightly more than one year behind our understanding of company plans.”

Bank of America reiterates Netflix as buy

The firm lowered its price target to $105 per share from $125 on Netflix following earnings.

“While results were largely in line, they were not strong enough to fundamentally alter the debate. Netflix’s decision to move engagement reporting to an annual cadence (from semiannual), coupled with softer-than-expected UCAN revenue appears to be weighing on shares despite continued subscriber growth.”

Bank of America reiterates Tesla as buy

Bank of America says it’s bullish on Tesla earnings next week.

“We think investor focus for TSLA 2Q earnings will remain on its robotaxi deployments, particularly the pace of fleet scaling and new markets.”

BMO reiterates Alphabet as outperform

BMO says Alphabet is the “best way to own AI.”

“Reiterate Outperform and top pick; raise target price to $455 from $435.”

Raymond James upgrades EchoStar to strong buy from market perform

Raymond James says shares are compelling.

“We upgrade shares of EchoStar to Strong Buy, from Market Perform. We calculate that ECHO is currently trading at a ~40% discount to our full sum-of-the-parts valuation and sitting at its YTD low.”

JPMorgan upgrades 3M to overweight from neutral

The firm upgraded the stock ahead of earnings.

“We think 3M can start to turn the dial on positive earnings revisions as growth takes hold, which should support the multiple, with improving trajectory into 2027; we raise our organic growth/EPS outlook in 2026/2027 with further room for upside, raise our PT to $180 (from $178), upgrade to OW and are long into the quarter.”

Jefferies initiates Moody’s as buy

Jefferies says it sees earnings growth.

“We initiate on credit ratings and analytics provider MCO at Buy.”