Here are Thursday’s largest contact Wall Street: Morgan Stanley repeats Alphabet as obese In a note to customers, the company detailed 4 locations the business can service to boost its several. “A) Improved GenAI disclosure B) Rev, opex and capex guidance with upward revisions C) More complete segment disclosure D) More emphasis of GOOGL’s positive societal impacts.” Morgan Stanley repeats Apple as obese The company claimed apple iphone 16 need might not be as negative as been afraid after remarks from the T-Mobile CHIEF EXECUTIVE OFFICER. “However today’s comments from TMUS’ CEO that iPhone 16 family sales are vibrant and up Y/Y — even before Apple Intelligence is released — with greater potential longevity to the cycle, suggests that demand might not be as bad as feared.” JPMorgan downgrades Five Below to undernourished from equivalent weight JPMorgan claimed it sees “margin constraints” for the discount rate merchant. “Specifically on cadence – our work points to August comps down low-single-digits with sequential improvement in 1H September.” Piper Sandler repeats Robinhood as obese Piper Sandler claimed the “opportunity knocks for [an] expanded crypto offering” for the supply trading business. “Bottom line, we estimate ~10%-12% EPS upside to HOOD earnings if the company were to expand its crypto offering to something comparable to crypto native peers.” KeyBanc repeats Nvidia as obese KeyBanc claimed it is sticking to its obese score on the supply. “We see NVDA as remaining uniquely positioned to benefit from AI/ML secular data center growth within the industry.” Redburn Atlantic Equities launches Kodiak Gas Services as buy Redburn claimed the gas business is “attractive.” ” Kodiak Gas Services (KGS), a leading contract compression provider, offers investors an attractive way to gain exposure to structural growth in US natural gas demand.” Mizuho launches Talos Energy as buy Mizuho claimed the power business supplies a “compelling investment opportunity.” “We believe TALO’s strategic focus on balancing asset optimization, low risk development/exploitation, and targeted high-impact exploration projects can provide modest but steady volume growth that, combined with the high oil mix and above-average EBITDA margin, result in a cash generation outlook that is underappreciated at current price levels.” Mizuho launches Northern Oil and Gas as buy Mizuho claimed the oil and gas business is well placed. “There are pros and cons of being a non-operator, but on balance we believe NOG’ s combination of scale, lower operational risk, superior cash operating margins, a strong M & A track record, and attractive cash return make for a compelling investment case that stacks up against operator E & Ps.” Raymond James upgrades Safehold to exceed from market carry out Raymond James claimed the property investment company is a recipient of reduced prices. ” Safehold (SAFE): Upgrading to Outperform from Market Perform, increasing 2025 estimates, and establishing price target of $34 per share.” Morgan Stanley repeats Nio as obese Morgan Stanley claimed it is favorable on the electrical lorry business as Nio reveals its newest midsize household design, the L60. ” NIO’s unproven execution remains the key culprit, on which bulls and bears can argue their respective cases. Market conviction, supply chain commitment and corporate (operating & financing) cash flow will all hinge heavily on the success of the L60.” TD Cowen repeats Micron as buy TD Cowen reduced its cost target on the supply to $115 per share from $160 yet claimed it is waiting its buy score in advance of Micron incomes following week. “As for the upside, we expect a very similar setup, at least directionally, to that of 2H:21, where shares recovered by nearly +40% over a 3-month period (Sep.21 through Jan.22), presenting an attractive risk reward.” Morgan Stanley repeats Tesla as obese Morgan Stanley claimed it is worried concerning the business’s robotaxi occasion yet that it is waiting the supply. “Heading into Tesla’s ’10/10′ robotaxi event we are, frankly, struggling to see how the day can live up to investors’ high expectations.” Barclays launches Hertz as undernourished Barclays claimed it sees way too many adverse stimulants for the automobile rental business. “Launching on HTZ with UW rating — liquidity questions amid fleet overhaul.” Piper Sandler launches Abbot Laboratories as obese Piper Sandler claimed the clinical tool business has an eye-catching evaluation. “We are initiating coverage of Abbott Laboratories with an Overweight rating and $131 PT.” Wells Fargo launches Outfront Media as obese Wells Fargo claimed it is favorable on shares of the outside advertisement business. “We’re initiating coverage on OUT with an Overweight rating and $22 PT.” Morgan Stanley downgrades Elanco to equivalent weight from obese Morgan Stanley claimed it “lacks conviction” in shares of the animal biopharma business. “While ELAN’s pipeline progress will offer line of sight to more consistent topline growth & share gains w/ tangible launch catalysts in 4Q/2025, we lack conviction in the near-to-medium term pathway, on the lack of clear superior differentiation in an evolving competitive landscape for key products.” BTIG upgrades DoorDash to purchase from neutral The company claimed rideshare is a “a scarce pocket of secular growth.” “Checks point to ongoing near-term strength and we see under-appreciated longer-term drivers, leading us to raise estimates (again); DASH is hitting important milestones with positive EBIT and net income expected in 2H.” Bank of America launches Coursera as buy The company claimed it is favorable on shares of the on-line knowing system business. “We are initiating on Coursera (COUR) with a Buy rating and a PO of $11 (44% upside potential).”
