Here are the biggest calls on Wall Street This Week:
SpaceX
PhillipCapital double upgrades SpaceX to buy from sell
The firm says it’s bullish on SpaceX’s Super Intelligence Network. “Upgrade to BUY from SELL with a higher target price of US$250.00 (prev. US$75.00) as we raise FY26e revenue by 56% to US$45.1bn and lift FY27e by 201% to US$132bn on higher SI [Super Intelligence] revenue.”
Bank of America reiterates SpaceX as buy
Bank of America raised its price target to $275 per share from $235. ” SpaceX (SPCX) third quarter results beat the street across metrics and the company raised the ante on what’s coming in 2027.”
Cantor Fitzgerald reiterates SpaceX as overweight
Cantor said it's bullish ahead of earnings on Tuesday after the bell. "We are constructive on OW-rated SPCX i nto 3Q26 earnings due to what view as material upside to 2027 buyside expectations, faster- than-expected handset ambitions, and increased crowding around 'defensive risk.'"
NVIDIA
Seaport reiterates Nvidia as sell
Seaport says it’s concerned about “competitive pressures.” “We could be wrong about Nvidia i n the coming months, as they leverage their supply chain heft, but competitive pressures are mounting. We see their aggressive finance bundling as a reaction to competitive pressure and a strategic tension at the heart of their business.”
Goldman Sachs reiterates Nvidia as buy
Goldman said Nvidia is firing on all cylinders. “We maintain our Buy rating as we continue to see a positive catalyst path for the stock, including greater visibility into AI datacenter deployments as Nvidia n arrows the supply/demand gap while driving strong capital returns.”
Piper Sandler reiterates Nvidia as overweight
Piper said it's sticking with the stock but that its checks with investors is mixed. "On NVDA , while investors struggle to identify a catalyst, value investors are doing more work on the name."
CoreWeave
Morgan Stanley reiterates CoreWeave as equal weight
The bank lowered its price target to $70 per share from $99. “Execution has been solid, and CoreWeave remains the speed and scale leader in a crowded neocloud ecosystem. However, growing financing uncertainty reduces visibility into the path to deploying existing contracted capacity and achieving 8 GW (active) longer-term.”
HSBC reiterates CoreWeave as reduce
The firm said it sees more "value destruction" for CoreWeave. "Debt market woes and moderating LLM revenues exacerbate structural concern."
Bank of America reiterates CoreWeave as buy
The firm said it’s sticking with CoreWeave heading into earnings in November. “Into the print, we are focused on four key areas: (1) capacity additions and the pace at which new infrastructure is converted into revenue, (2) upside to operating margins, (3) funding considerations, and (4) the capex outlook. Maintain Buy and $140 PO.”
Morgan Stanley names Seagate a top pick
Morgan Stanley raised its price target to $1,200 per share from $1,187. "We reiterate OW on STX /WDC, reinstate STX as Top Pick, and see WDC as the more favorable tactical name into earnings."
Loop downgrades Apple to hold from buy
Loop said that the stock needs a "fundamental catalyst reset." "The gist is that when AAPL previously reduced its Sep Q & Dec Q iPhone unit ships by 10% we believed they would be in a position to make up many (if not most) of these units through CY2027 as the reductions were supply related (memory & processors) & not demand related.This no longer appears to be the case." Read more.
BMO reiterates Alphabet as buy
BMO raised its price target on Alphabet and says it remains a top pick. "While we raise 2027E CapEx to $325B, we believe GOOGL's full-stack capabilities and distribution support durable earnings growth. Reiterate Outperform, Top Pick, and raise our Target Price to $480 from $465."
Morgan Stanley reiterates Tesla as equal weight
Morgan Stanley raised its price target to $410 per share from $400 following earnings on Wednesday. “We are incrementally more constructive as Tesla’s 3 Q results offer encouraging proof points on Robotaxi scaling and FSD adoption, while improving Auto and Energy fundamentals strengthen the earnings foundation.” Read more.
Goldman Sachs reiterates IBM as buy
Goldman said the company’s earnings report on Wednesday was “solid.” “We are Buy rated on IBM based our view that the company remains on track to deliver improving software revenue growth and consulting market share gains over time.”
Wolfe downgrades Netflix to peer perform from outperform
Wolfe said it’s concerned about rising competition. ” NFLX: Downgrade to Peer Perform - Well Explored Problems, Expensive Solutions.”
Raymond James upgrades WhiteHorse Financial to outperform from market perform
The firm said it sees credit quality getting better. “We are upgrading WHF to Outperform from Market Perform, reflecting improving credit quality and the recently announced strategic review, which we believe could serve as a meaningful catalyst for the stock.”
JPMorgan reiterates Meta as overweight
JPMorgan raised its price target on Meta to $940 per share from $920 following earnings. “Muse Agent & Enterprise Paths Taking Shape; Reiterate Overweight & $940 PT.”
