Here are Friday’s biggest calls on Wall Street: Raymond James reinstates Apple as market perform The firm resumed coverage of the stock and downgraded it from its prior outperform rating. “Despite strong fundamentals and improving product cycles, we believe Apple’s current valuation appropriately reflects these strengths, limiting near-term upside.” Read more. Barclays upgrades Vertiv Holdings to overweight from equal weight Barclays said it sees a compelling entry point for the data center infrastructure company. “We upgrade our rating on VRT to OW from EW. We raise our EPS estimates, and our Price Target moves to $200 from $181. While we have not been among the Datacenter capex theme’s biggest cheerleaders (they are legion), we think the recent volatility in the stock has created an attractive entry point” TD Cowen reiterates Nvidia as buy TD Cowen said it likes Nvidia’s deal with Groq. “Last week NVIDIA announced a non-exclusive licensing agreement with Groq, an AI inferencing chip company founded by former Google TPU engineers. With the deal, NVIDIA is embracing a fundamentally different processing architecture that we believe will eventually be integrated into its roadmap.” Goldman Sachs reinstates Cenovus Energy as buy Goldman reinstated coverage of the energy stock and said Cenovus has robust free-cash flow growth. “Our positive view is underpinned by our expectation for strong free cash flow growth over the long-term.” Loop reiterates Ollie’s and Warby Parker as buy Loop said both retail stocks are best positioned in 2026. “OIlie’s stock underperformed in 2025 despite strong financial results, primarily driven by concerns about the company’s F2026 prospects. … . Warby Parker was one of the most volatile stocks in our coverage universe last year.” Compass Point reiterates CoreWeave as buy The firm added the stock to its New Money top ideas list in 2026. “CoreWeave pairs multi-year, contract-backed demand with a quantifiable capacity ramp and rapid growth in financials. Shares have been volatile as the market debates capital intensity and timing, but we see that debate as the opportunity, making CRWV our Top Pick into 2026.” BTIG reiterates Nike as buy BTIG added the stock to its top ideas list for the first half of 2026 and said it’s making a recovery. “Our Large-Cap Top Pick for 2026 remains Nike. While there is clearly still much work ahead for Nike, Inc., we believe 2026 will show solid progress on its recovery.” UBS reiterates Under Armour as buy UBS said Under Armour has “turnaround potential.” “We believe improving sales growth will cause the stock’s valuation to increase.” Mizuho reiterates Wayfair as buy Mizuho said the company is a beneficiary of a tariff delay. “Earlier this week, the Trump administration moved to delay increasing certain tariff rates by one full year to January 1, 2027. … We view this update as giving some breathing room for the sector and for Wayfair (W). The company’s marketplace model has absorbed pricing well to date, flexing product sourcing where appropriate and avoiding direct margin pressure.” Jefferies reiterates Baidu as buy Jefferies raised its price target on the China internet stock to $181 per share from $159. “We expect Baidu’s marketing revenue to be a secular growth story, riding on its high ROI to advertisers with paid searches; it is a proven business model.” Read more.
