Here are the biggest calls on Wall Street on Friday:
- DA Davidson initiates Agco as buy, stating the agricultural equipment company has "earnings leverage." "We are initiating coverage of AGCO with a BUY rating and $160 price target."
- Wells Fargo initiates X4 Pharmaceuticals as overweight, noting that the Street is underestimating the probability of success of the company's immune deficiency drug trial.
- Wells Fargo upgrades Seagate to overweight from equal weight, advising investors to buy the dip.
- Morgan Stanley reiterates SpaceX as overweight, stating the release of Grok 4.5 is an important catalyst for SpaceX.
- Morgan Stanley reiterates Nvidia as overweight, noting the stock remains a top idea following a meeting with management.
- Raymond James initiates BrightSpring as outperform, stating the healthcare company has a differentiated offering.
- Bernstein upgrades J.B. Hunt to outperform from market perform, stating it's not too late to buy shares of the trucking company.
- Stifel upgrades Shopify to buy from hold, stating the company is a "share gainer."
- Truist initiates Travelers as buy, stating the company is a "leader" in insurance.
- Barclays upgrades CubeSmart to overweight from equal weight, advising investors to buy the dip.
- Citi downgrades Pepsi to neutral from buy, citing inflation impacts on consumer behaviors.
