Here are Tuesday’s biggest calls on Wall Street: Bank of America reiterates Apple as buy The firm said it’s sticking with Apple after checks show App Store revenue grew . “For the month of October, App store rev increased +8.8% y/y globally, outpacing app store download growth of +0.4% y/y. Reiterate Buy on strong capital returns, eventually winner at AI at the edge & optionality from new products/markets. PO stays at $325 on 32x C27E EPS of $10.11.” Barclays reiterates Tesla as equal weight Barclays called the Tesla shareholder vote later this week “critical.” “Tesla’s upcoming Annual Shareholder Meeting will be a critical event, with two key votes on Elon’s compensation meant to solidify the potential path to his desired ~25% ownership.” Bank of America reiterates Palantir as buy Bank of America says Palantir is best positioned for AI following earnings on Monday. “We reiterate our Buy rating and raise our PO to $255 (from $215) which reflects our confidence in PTLR’s enduring position and better than expected growth on a 15x EV/EBITDA on 2035E.” Read more . Evercore ISI downgrades Kimberly-Clark to in line from outperform Evercore said it likes the company’s deal for Kenvue but that it’s still concerned about rising competition. “Strategically, Kimberly made an opportunistic and gutsy move, which alters KMB shares’ story and changes the firm’s earnings power, growth potential, competitive sets, and geographic scope.” Jefferies reiterates Broadcom and Nvidia as buy Jefferies said Broadcom has “estimate upside” and raised its price target on the stock to $480 per share from $415. The firm also raised its price target on Nvidia to $240 per share from $220. “AVGO moves back to our Top Pick and designate Franchise Pick based on outsized upside relative to estimates.” Read more. Wells Fargo upgrades Knife River to overweight from equal weight Wells said buy the dip on the construction materials company. “We upgrade KNF to Overweight from Equal Weight after significant underperformance to peers in recent wks.” Wells Fargo upgrades Inspire Medical to overweight from equal weight Wells said it’s getting more bullish on the med tech company. “We are upgrading INSP shares to OW from EW following a clean Q3 print & reset of 2026 outlook.” Jefferies upgrades Red Rock Resorts to buy from hold Jefferies said the casino company is too attractive to ignore. “RRR edged past sellside estimates by ~3%, but buyside expectations were higher, resulting in the shares selling off by 10% for the week.” Baird upgrades WM to outperform from neutral Baird said buy the dip in the waste management company. “With shares significantly underperforming YTD and risk/reward compelling, we are upgrading WM to Outperform.” Mizuho reiterates Amazon as buy The firm raised its price target on the stock and says it likes Amazon’s deal with OpenAI. “We reiterate our Outperform rating and increase our PT to $315 (from $300 prev) reflecting higher multiples on increased confidence post the 3Q print / commentary / OpenAI deal.” Citi reiterates CoreWeave as buy Citi raised its price target on the stock to $192 per share from $164. “In the near term, we see CRWV as one of the larger AI beneficiaries across our coverage.” TD Cowen upgrades Napco Security to buy from hold TD Cowen upgrades the security services company following earnings. ” NAPCO began its fiscal year with strong results virtually across the board.” Bank of America downgrades DraftKings to neutral from buy Bank of America said it sees a slew of negative catalysts for the gaming and gambling company. “We are downgrading shares of DraftKings to Neutral. Why now? 1) sports outcomes in Q3 and Q4 again raise concerns around volatility and long-term earnings power, 2) DKNG has underperformed in iGaming, 3) state tax headwinds are unlikely to go away, and 4) the prediction markets present a challenging narrative near-term.”
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