Here are Friday’s biggest analyst calls: Nvidia, Apple, Tesla, Chipotle, Disney, Robinhood, Coinbase & more
Here are Friday’s biggest calls on Wall Street: JPMorgan adds a positive catalyst watch on Qualcomm The firm said its sticking with its neutral rating but is bullish ahead of the company’s investor day. ” Qualcomm is set to host its highly anticipated Investor Day on June 24th, to discuss the next phase of the company’s growth and diversification strategy amidst the rapid evolution of AI.” Bank of America reiterates Nvidia as buy Bank of America said the stock is firing on all cylinders after a meeting with management. “Following ‘GTC Taipei’ CEO keynote on Monday we hosted NVDA CFO Colette Kress for a well-attended keynote on Thursday, and Sr. Director, IR Stewart Stecker for a bus tour investor meeting.” UBS initiates Champion Homes and Cavco as buy UBS said the building companies are well positioned. “We initiate coverage on SKY & CVCO with Buy ratings, as we view both companies as potential beneficiaries of an affordability-challenged and underbuilt housing market that appears to be bottoming and poised to reaccelerate.” Goldman Sachs initiates Concentra as buy Goldman said the occupation health company has “durable growth drivers.” “We initiate coverage on shares of Concentra (CON ) with a Buy rating and a 12‑month price target of $30.” BTIG downgrades Lululemon to hold from buy BTIG said it has “reduced visibility.” “We downgrade LULU t o Neutral from Buy. While Q1 was largely in-line, the decel toward the end of the quarter suggests more work ahead, with Q2 sales set to decline for the first time post-COVID.” Roth initiates Coya Therapeutics as buy Roth said it’s bullish on the biotech company. “We initiate coverage of COYA with a Buy rating and 12-month PT of $12.” Evercore ISI upgrades FormFactor to outperform from in line Evercore said it sees a compelling risk/reward for the semis testing company. “Upgrade to Outperform with $155 PT. based on 38x 2028 EPS of $5 discounted back to 2026. We think a higher multiple is justified given the AI tailwinds and expe ct FORM’s EPOS [electronic point of sale] to grow at a 2-yr CAGR of 41%. With a NTM P/E of 46x – this translates to PEG of 1.12x – we like the risk/reward.” Deutsche Bank reiterates Robinhood as buy Deutsche raised its price target to $98 per share from $88 on Robinhood. “First, we are adjusting our estimates for prediction market volumes and revenue following the June 4th launch of Rothera, a new prediction exchange managed with Susquehanna as the key liquidity provider.” Berenberg downgrades CrowdStrike to hold from buy Berenberg said the stock is priced to perfection. ” CrowdStrike’s Q127 results marked a strong start (Solid Q127 against elevated expectations, dated 4 June 2026) to FY27E, reinforcing its reputation as one of the highest-quality platforms in cybersecurity.” Goldman Sachs initiates Sotera Health as buy Goldman said the integrated global health solitions company has a “durable business model.” “We are initiating coverage on Sotera Health (SHC) with a Buy rating and a 12-month price target of $20.” JPMorgan upgrades Tesla to neutral from underperform JPMorgan said the stock is “uniquely positioned to scale.” “The unique advantage TSLA h as, and unmatched at an industrial level scale, is the degree of vertical integration (and increasing further over time) across all the hardware + software products it builds, combined with the efficacy and speed of technology development.” Goldman Sachs initiates Guardant Health as buy Goldman says the company is a “market leader.” “We view GH a s a market leader in their therapy selection business, with several upcoming catalysts related to pricing upgrades, new test contribution, and a clear path to free cash flow profitability.” Rosenblatt reiterates Disney as buy The firm raised its price target to $126 per share from $121. “We update Disney estimates, factoring in our current view of their movie slate, which looks substantially more profitable in F2026 than F2025, helped by the upcoming Toy Story 5 release, and our best take on indicators for Parks, which are the core driver of earnings, and seem OK, despite high gas prices and international visitation pressures.” Deutsche Bank initiates Onto Innovation as buy Deutsche said the semis company is a “very nice house in a very nice neighborhood, with secular levers likely driving revenue growth above peers.” “We are initiating coverage of semicap equipment maker Onto Innovation (ONTO) with a Buy rating and $350 price target.” Baird reiterates Coinbase as neutral The firm added a bearish fresh pick on the stock. “We are designatin g COIN a s a Bearish Fresh Pick. We expect Q2 to miss Street revenue by 5-6% on weak qtd trading volumes, and consider it likely that CLARITY Act remains unpassed until post mid-term elections. While early June volumes have improved, we think it’s due to heavy crypto selling, which may precede a period of ongoing slow trading.” Citi upgrades Shattuck Labs to buy from neutral Citi upgraded the biotech company and says it’s bullish on its antibody drug, SL-325. “We are opening a 30-day positive catalyst watch on STTK ahead of initial Ph1 data for SL-325 (DR3 mAb) in healthy volunteers expected in 2Q26.” JPMorgan upgrades Chipotle to overweight from neutral JPMorgan said it sees a “rare valuation opportunity” after a meeting with company management. “1×1 in-HQ visit with Chipotle’s CEO Scott Boatwright and CFO Adam Rymer captured a management team acknowledging past mistakes and focused on future opportunities.” Read more. Wedbush reiterates Apple as outperform Wedbush said it’s bullish heading into the company’s Worldwide Developer’s Conference. “On Monday, Apple will host WWDC in Cupertino where Apple will present its key annual conference for developers which will capture all eyes of the Street as we expect the company to unveil its much-awaited AI strategy and ultimately unlock the developer ecosystem which remains the hearts and lungs of the Apple story.” Bernstein upgrades Kanzhun to outperform from market perform Bernstein said investors should buy the dip in the China online recruitment company. “Upgrading Boss Zhipin to Outperform (PT $18). We’ve long considered the company good executors in a sheltered vertical market, where the main headwinds have been macro in nature. Concerns linger on AI displacement of white collar jobs, but smaller peers are gradually exiting, and 50% of its revenue now comes from blue collar (e.g. logistics, manufacturing) or semis and AI jobs.”
