Here are Friday's biggest analyst calls: Nvidia, SpaceX, Tesla, Palantir, Shopify, Oracle, Dell, Rocket Lab & more
Here are Friday’s biggest calls on Wall Street: Piper Sandler initiates Q2 Holdings as overweight Piper said in its initiation of the software banking solutions company that Q2 is a top idea. “Its core-agnostic architecture, platform breadth, improving margins, debt-free balance sheet, and FCF conversion support the clearest path to durable growth.” Bernstein initiates Shopify as outperform Bernstein said the company is well positioned for AI. “Shopify, a commerce-enablement platform, sits at the center of tech’s Venn Diagram spanning eCommerce, software and payments.” Read more. RBC initiates Dell as outperform RBC said it sees “AI infrastructure demand.” “We initiate coverage of DELL with an Outperform rating and a $640 price target. UBS initiates Korsana Biosciences as buy UBS said the biotech company has plenty of upside. “We are initiating coverage of Korsana Biosciences KRSA at BUY with a $55 price target.” Rothschild & Co Redburn reiterates Nvidia as buy The firm said it’s bullish on the company’s acquisition of Hugging Face. “By acquiring Hugging Face, Nvidia will increase its influence in the open-model distribution layer.” JPMorgan initiates Old National Bancorp as overweight JPMorgan says the regional bank has “best-in-class return metrics.” “We are initiating coverage of Old National Bancorp (ONB) with an Overweight rating and a $32 December 2027 price target.” KeyBanc initiates Linde as overweight KeyBanc said the stock is not cheap but that it’s the “highest quality company.” “We Initiate Coverage of LIN at OW with a $542 PT.” Raymond James initiates Rocket Lab as outperform The firm said shares are compelling. “Initiating coverage of Rocket Lab, an emerging vertically integrated space platform, with an Outperform rating and $80 target price.” Evercore ISI reiterates SpaceX as outperform Evercore said it’s sticking with SpaceX. “We walk away incrementally more bullish on the visibility and monetization of the AI infrastructure opportunity, while also seeing a more aggressive competitive posture emerging in Mobile.” DA Davidson reiterates Palantir as buy The firm raised its price target on Palantir. ” Palantir’s AIPCon11 was focused on AI sovereignty and its approach appears to be embraced by customers. We see an increasingly long runway for PLTR and are raising our price target to $250 from $200.” JPMorgan initiates Dianthus Therapeutics as buy JPMorgan said the biotech company has plenty more room to run. “We are initiating coverage of DNTH w ith an OW rating and a Dec-2027 PT of $135.” Mizuho initiates Chesapeake Utilities as outperform Mizuho said the utility company has a “differentiated” offering. “We initiate Chesapeake Utilities (CPK) at Outperform and a $150/sh PT.” Bank of America reiterates Oracle as buy Bank of America said it sees growth acceleration following the company’s earnings report on Thursday. “Our bullish view on Oracle is based on accelerating demand in the company’s OCI [Oracle cloud infrastructure] segment.” Bank of America upgrades International Paper to buy from neutral Bank of America said buy the dip in the paper company. “Following our recent Sonoco downgrade to Neutral, we upgrade International Paper to Buy from Neutral. We raise containerboard price forecasts, along with other grades, and this is the primary driver of our forecast and rating change.” Morgan Stanley reiterates Tesla as equal weight The firm raised its bull case on the stock and says the company’s autonomous trucking software is promising. “Autonomous trucking offers 2.3x better utilization, 20% lower cost/mile, and 6x higher profit/truck vs. human driving . Tesla Semi is small today but a $0.85-$1/mile FSD fee (~$12-$18k/ truck/month) means small volumes can move numbers. We raise our bull case by $20 to $840.”
