Here are Tuesday’s biggest calls on Wall Street: Goldman Sachs upgrades Clearwater Analytics to buy from neutral Goldman Sachs said the software company is well positioned for growth. “We upgrade Clearwater (CWAN) to Buy from Neutral and maintain our 12-month price target of $27 (37% upside).” Goldman Sachs initiates Uranium Energy as buy Goldman Sachs said it is bullish on shares of the “pure-play, US-based uranium mining company.” “We initiate coverage of Uranium Energy Corp (UEC) with a Buy rating with ~30% implied upside to our 12-month price target of $13.” Piper Sandler upgrades Chipotle to overweight from neutral Piper Sandler said the risk/reward is too attractive to ignore. “We are upgrading shares of CMG to Overweight, from Neutral prior. We particularly like the Risk-Reward because we can get to ~20% upside in a Base Case that revolves around comping +3.0% for the next two years.” Read more. Morgan Stanley upgrades Monday.com to overweight from equal weight Morgan Stanley upgraded the work management software company following earnings. “Moving upmarket, expanding to multi-product and shifting to a sales-led growth motion comes with risk, but also comes from a position of strength and represents a large and compelling opportunity. We think monday.com can successfully navigate most of these major changes.” Read more. Bank of America reiterates Nvidia as buy Bank of America said it is sticking with the stock following reports of a favorable deal for Nvidia to receive chip export licenses. “Busy period of interactions between the US Government (USG)/White House (WH) and major US chipmakers. The critical nature of semis is likely to enhance these interactions that will continue to be both positive and a headwind/source of volatility. Recent news involves: 15% potential tax/levy on sales of specific AI chips in return for China approvals: a net positive and we maintain Buys on NVDA, AMD.” BMO initiates Assurant as outperform BMO said it sees “hefty positive EPS revisions” for the insurance company. “We’re initiating on Assurant with an Outperform rating and $238 target price.” Morgan Stanley upgrades Resideo Technologies to overweight from equal weight Morgan Stanley said the home security products and systems company has underappreciated execution. “We are upgrading REZI to OW (from EW) with a new $35 price target, implying 27% upside from current prices.” RBC initiates GDS Holdings as outperform RBC said the IT services company is a data center beneficiary. “We believe GDS has potential to outperform its peers given its positioning in a stabilizing Chinese datacenter market and strong demand prospects internationally.” Baird upgrades Starbucks to outperform from neutral Baird said the turnaround is underway at Starbucks. “We continue to have high conviction that turnaround strategies under new leadership will be effective in transforming Starbucks into a better company, and we expect visibility to this outcome to become increasingly clear over the next several quarters.” Read more. Loop upgrades Five Below to buy from hold Loop said investors are underestimating the company’s earnings power. ‘We are upgrading Five Below to a Buy from a Hold rating while raising our price target to $165 from $130. We believe the market is vastly underestimating Five Below’s near-term earnings power given the company’s recent merchandising and pricing changes under newlyminted CEO Winnie Park.” JPMorgan reiterates Micron as overweight The firm said it is sticking with Micron following its preannouncement on Monday and raised its price target to $185 per share from $165. “Overall, the team believes they are well positioned for FY26 and CY26. With solid cost execution and improving supply/demand fundamentals, we anticipate continued improvement in gross margin (GM) and earnings power in 2025 and into 2026. We are increasing our estimates and increasing our PT from $165 to $185. We maintain our OW rating.” Stephens initiates SailPoint as overweight Stephens said the identity security company is a new top pick. “We are designating shares of SailPoint as our Best Idea. Our positive stance is driven by: (1) our continued positive outlook for the identity security market; (2) our view that SailPoint is well-positioned as an identity security market leader and strategic platform provider…” Bank of America reiterates American Express as buy The firm said it is bullish on the refresh of the company’s Platinum card series. “We maintain our Buy rating on American Express ( AXP) ahead of its upcoming fall U.S Platinum Card refresh. Based on our analysis of the last two U.S. Platinum card refreshes, investors should expect a one-time bump in variable consumer engagement costs (VCE) and an improvement in attrition rates.” Piper Sandler upgrades Palo Alto Networks to overweight from neutral Piper Sandler said it sees a slew of positive catalysts ahead for Palo Alto Networks. “Success with platformization and a more stable cadence of FCF leverage should allow for the company to sustain a low-teens growth rate through CY’29 while increasing FCF margins, underpinning our $225 PT and Overweight rating.” Guggenheim reiterates Tesla as sell Guggenheim said it is sticking with its sell rating and that it is cautious on the company’s full self-driving. “While safety drivers will remain, and no timeline has been provided for their removal, bulls have been willing to overlook the optics of safety drivers in TSLA vehicles, and we see no reason why that would change now. For investors looking to learn more about the opportunities.” Guggenheim initiates Paramount Skydance as buy Guggenheim said it is bullish on the combined company of Paramount and Skydance Media. “We are initiating coverage of Paramount Skydance Corp . (PSKY) with a BUY rating and $13 price target.”
