Here are Tuesday’s biggest calls on Wall Street: Rosenblatt initiates Nokia as buy Rosenblatt said the company is a “powerhouse.” “Nokia’s Network Infrastructure segment is quietly becoming one of the best-positioned Optical assets in the AI buildout.” Guggenheim upgrades The New York Times Company to buy from neutral Guggenheim said shares are compelling. “We are upgrading shares of The New York Times Company to BUY (from NEUTRAL) with an $82 price target (up from $70) representing ~20% upside potential to yesterday’s close.” Bernstein upgrades Agilon to outperform from market perform Bernstein said the healthcare company’s turnaround is working. “We are upgrading AGL to Outperform and raising our target price to $125 (vs $86 earlier).” Jefferies initiates Janus Living as buy Jefferies said the senior housing company has a long runway for growth. “Janus Living offers the purest exposure in our coverage universe to attractive private-pay senior housing fundamentals…” Citizens upgrades Radian Logistics to market outperform from market perform Citizens said the logistics company is attractive. “We are raising our investment rating on Radiant Logistics from Market Perform to Market Outperform with a $10 price target.” Oppenheimer initiates Vishay Intertechnology as outperform Oppenheimer said the semis manufacturer has plenty of upside. “We are initiating on shares of VSH with an Outperform rating and a $42 PT, indicating 38% upside to 24.0X/17.5x our 2027/’28E EPS.” Guggenheim initiates Northrop Grumman as buy Guggenheim said the company has a unique offering. “As an established prime contractor, NOC possesses a breadth of capabilities that spans many domains, technologies, platforms, and importantly has the capability to not only deliver the exquisite system but also drop down into the low-cost and affordable arena.” Cantor Fitzgerald initiates Bentley Systems as overweight Cantor said Bentley shares have plenty more room to run. “BSY is deeply entrenched within the infrastructure sub-vertical, positioning it well to capture the multi-year upcycles in the mining/resources and electrical grid (downstream from data centers) end-markets.” Wells Fargo upgrades Ulta to equal weight from underweight Wells siad the company is “navigating industry headwinds better than expected.” “Upgrade to EW, raise EPS, PT to $525 fm $450. Simply put, ULTA i s navigating industry headwinds better than expected. Post CFO meeting, we believe if the model were going to break…it would be happening by now (and it doesn’t seem to be).” Canaccord initiates Einride as buy Canaccord said it likes the autonomous driving company’s partnership with Tesla and Amazon. “We view Einride as a beneficiary of the electrification and autonomous transformation of the trucking industry.” Cantor Fitzgerald initiates Samsara as overweight Cantor said the company has a differentiated offering. “For IOT, we think its unique hardware + software combination creates high barriers to entry around its business, and it will be able to capture an outsized portion of its large, under-penetrated TAM. This business also has physical and data network effects that make it stronger the larger it becomes.” Compass Point initiates Hyperliquid Strategies as buy Compass said the digital asset company has plenty of room to run. “PURR is a Digital Asset Treasury Company (DAT) that accumulates HYPE tokens. HYPE is the native token for Hyperliquid, a decentralized futures exchange.” Berenberg upgrades Eli Lilly to buy from hold Berenberg says the company is firing on all cylinders. “Investor expectations for Lilly to maintain its lead in the fast-growing obesity market are undoubtedly high. We are confident in this and see upside to FY 2026 guidance.” Read more. RBC upgrades ResMed to outperform from sector perform RBC said ResMed is best positioned for growth. “The company now has a greater focus on capital management, and we forecast it can achieve HSD EPS growth over the next 3 years despite our assumption of Philips Respironics returning to the US market in FY28.” JPMorgan initiates Dave as overweight JPMorgan said it has “impressive growth.” “We are initiating coverage of Dave (DAVE) with an Overweight rating and $480 Dec 2027 price target.” Oppenheimer upgrades Etsy to outperform from market perform Oppenheimer said it sees a host of positive catalysts ahead. “Upgrading ETSY to Outperform (from Perform) & establishing $90 target on AI search benefits, product improvements, and app engagement/conversion.” Read more. JPMorgan upgrades Adient to overweight from neutral JPMorgan said the auto supplier is a reshoring beneficiary. ” ADNT appears one of the clearest beneficiaries near-term, with a visible onshoring backlog…” JPMorgan upgrades Middleby to overweight from neutral JPMorgan said the buy the dip in the cooking equipment company. “2H expectations are low, but MIDD should be able to achieve its FY26 guidance.” Wolfe upgrades Pentair to outperform from peer perform Wolfe said Pentair air shares too attractive to ignore. “But the stock has simply de-rated too far in our view.” Bank of America reiterates Nvidia, Marvell and Advanced Micro Devices as buy Bank of America said keep buying shares of all three stocks. “While the sector may remain range-bound in the near term, we expect Compute (NVDA , AMD) , Networking ( MRVL) , and Analog (ADI, ON) to demonstrate greater resilience.” William Blair upgrades SEI Investments to outperform from market perform William Blair said it sees margin expansion for the financial services fintech company. “We are upgrading SEI to Outperform based on our view that the company can sustain above average growth and margin expansion over the next several years.” Evercore ISI reiterates Apple as outperform The firm said its survey checks show the latest iPhone 18 data for Apple looks “positive.” “High-level, the data points are POSITIVE especially considering that Duo isn’t ready for preorders, as average delivery time for ProMax is ~25 days (vs. 19 days last year) and 16 days for Pro (vs. 12 days last year).” JPMorgan reiterates Amazon as overweight JPMorgan said Amazon is a best idea. “AWS Acceleration & Backlog Build, w/Operating Profit Upside.” UBS reiterates Palantir as buy UBS raised its price target to $250 per share from $220. “Last week we attended Palantir’s AIPCon customer/leadership event outside SF, where we spoke with customers and had time with Palantir’s management. Bottom line, our view of Palantir as the best AI enabler in the market was if anything bolstered by these conversations and demand momentum seems robust.”
