Here are the biggest calls on Wall Street on Friday:
- UBS upgrades Amkor Technology to buy from neutral: UBS says the company's partnership with Nvidia has plenty of upside. "We view the US$1.5bn NVIDIA strategic partnership supporting Amkor's ongoing ramp of Vera CPU."
- Baird reiterates Apple as outperform: Baird raised its price target to $330 per share from $310.
- HSBC initiates SpaceX as hold: HSBC initiated the stock with a hold mainly on valuation.
- Raymond James upgrades Teck Resources to outperform from market perform: Raymond James says it sees accelerating growth.
- UBS reiterates Advanced Micro Devices as buy: UBS raised its price target on the stock following the company's AI day.
- Bank of America reiterates Intel as buy: Bank of America says it's sticking with the stock following earnings.
- Mizuho initiates SonocoCorp as outperform: Mizuho says the midstream energy company has more room to run.
- Morgan Stanley reiterates Nvidia as overweight: Morgan Stanley says it's bullish on the company's deal with Amkor.
- JPMorgan initiates Shattuck Labs as overweight: JPMorgan says the biotech company has plenty of upside.
- BMO upgrades Dover to outperform from market perform: BMO says investors should buy the dip in shares of Dover.
- Deutsche Bank reiterates Meta as buy: Deutsche says it's bullish ahead of Meta earnings.
- TD Cowen upgrades Digital Realty to buy from hold: TD Cowen says it sees robust demand.
- William Blair initiates Mama's Creations as outperform: The firm says the food manufacturer has plenty of upside.
- Citi adds a positive catalyst watch on Dell: Citi raised its price target to $515 per share from $475.
- Piper Sandler reiterates Tesla as overweight: Piper lowered Tesla's price target to $450 per share from $500.
- Leerink upgrades Edwards Lifesciences to outperform from market perform: The firm says it sees a slew of positive catalysts ahead for Edwards Lifesciences.
