Listed here are the most important calls on Wall Boulevard on Friday: Goldman Sachs reiterates Nike as purchase Goldman says Nike’s profits file on Thursday equipped “fodder” for bulls and bears however that it is in the long run sticking with the inventory. “We stay optimistic at the inventory however recognize the corporate is early in its turnaround adventure.” JPMorgan reiterates Apple as obese JPMorgan referred to as Apple “defensive” and says it has “cyclical drivers.” “We predict product cycle drivers within the type of iPhone 16E in addition to iPad and Mac refreshes to improve upside and/or resilience to income and profits, by contrast to the unfavorable sentiment lately relative to delays in AI Siri launches, which can be much less impactful to near- to medium-term estimates.” Goldman Sachs reiterates FedEx as purchase Goldman says it is sticking with the inventory following profits on Thursday. “Whilst close to time period financial and coverage uncertainty may just proceed to have an effect on FDX and the transports at huge with appreciate to their skill to achieve traction out there – we proceed to appear to FDX to pressure idiosyncratic price takeout and operational development, in addition to ultimately ship on an LTL [less than truckload] spin-off as up to now introduced.” JPMorgan upgrades Tremendous Micro to impartial from underweight JPMorgan upgraded the AI chip corporate and says it is beginning to transfer previous fresh demanding situations. “We’re upgrading stocks of Tremendous Micro to Impartial from Underweight prior as the corporate has cycled previous the uncertainty on the subject of pending SEC filings and is at the cusp of benefitting from ramp in Blackwell primarily based server shipments which can be already seeing materially upper call for than prior era, with further get advantages to income expansion from upper ASPs [average selling prices]. Learn extra about this name right here . Goldman Sachs upgrades Adaptive Biotechnologies to shop for from impartial Goldman says the biotech corporate is “smartly located to have the benefit of its sexy economics within the corporate’s area of interest in hematologic cancers.” “Moreover, now we have change into more and more sure at the MRD [minimal residual disease] house and imagine ADPT is easily located to have the benefit of its sexy economics within the corporate’s area of interest in hematologic cancers.” Morgan Stanley reiterates Tesla as obese The company reduced its worth goal at the inventory on Thursday evening to $410 consistent with percentage from $430 and says Tesla nonetheless stays a best thought. “We reiterate our view that whilst Tesla’s YTD auto deliveries had been most commonly beneath expectancies, it isn’t in particular narrative converting for our funding thesis.” Learn extra about this name right here. UBS reiterates Nvidia as purchase UBS mentioned Nvidia is easily located for AI thrilling its World AI Convention previous this week. “We now have lengthy considered sovereign AI as an underappreciated motive force of call for for AI infrastructure, and our sense popping out of this summit is that there’s a lengthy runway of AI infrastructure building forward.” KeyBanc upgrades Celanese to obese from sector weight Key says the strong point fabrics corporate is a beneficiary of peace in Ukraine. “Finally, CE can be a big beneficiary from a possible peace in Ukraine, and higher call for in China because of fresh executive stimulus. We admit the possibility of those two occasions stays unsure.” Goldman Sachs upgrades Danaher to shop for from impartial Goldman upgraded the existence sciences and diagnostics conglomerate and says the inventory’s valuation is just too sexy to forget about. “We’re upgrading DHR to Purchase from Impartial, with a refreshed view following our Dec seventh ’23 DHR downgrade at the again of wealthy valuation and ’24 and ’25 consensus profits expectancies which we believed had been too prime on the time.” Learn extra about this name right here . Morgan Stanley upgrades Norwegian to equivalent weight from underweight Morgan Stanley mentioned in its improve of Norwegian Cruise Line that it sees a extra balanced possibility/praise for the cruise corporate. “We’re upgrading the inventory to EW as our primary thesis round no longer having the ability to slim its web cruise prices (relative to Internet Yields) has performed out and pushed the relative underperformance albeit amidst a marketplace correction.” Deutsche Financial institution reiterates Starbucks as purchase The company says its research signifies Starbucks’ costs are prime however no longer unreasonably so and stocks will have to proceed to grind upper. “Whilst we acknowledge considerations that Starbucks is pricey, strong point espresso general is pricey, and in spite of that, the marketplace has been rising at an ~8% CAGR over the past decade, supporting our view that there’s robust underlying call for for away-from-home espresso.” Jefferies reiterates Netflix as purchase Jefferies says the inventory stays smartly located as “engagements” are emerging. “NFLX grew internet visits ~17% y/y in Jan, this dropped to a decline of ~4% in Feb ’25. In our view, this was once to be anticipated coming off a robust content material slate (Squid Recreation, The Night time Agent, NFL). Regardless of the decrease quantity of visits, NFLX ranked third in expansion of period on web page.” Loop downgrades FedEx to promote from dangle Loop downgraded the inventory following profits on Thursday bringing up tariff possibility. “In the beginning, on April 2d the Trump Management is scheduled to unveil its complete tariff technique for international industry and, love it or no longer, FedEx’s logo is synonymous with international industry. Secondly, with economists ratcheting up US recession possibility, bear in mind that FedEx is a in point of fact dangerous recession inventory as a result of skinny Categorical margins enlarge the profits hit on every occasion there may be power at the best line.” Learn extra about this name right here . DA Davidson upgrades AutoZone to shop for from impartial DA Davidson says AutoZone is defensive. “We’re upgrading to BUY for 4 causes together with (1) investor flight to high quality, (2) defensive positioning, (3) inflation / tariff beneficiary, and (4) industrial marketplace percentage features.” Wells Fargo reiterates Micron as obese The company says Micron stays a best select with robust call for following profits on Thursday. “We expect MU will have to industry upper as we see investor sentiment shift to concentrate on trail to $11/sh+ EPS.”
