Stocks from analyst calls Friday like Nvidia
CNBC••business
Key Points:
- Raymond James downgraded Apple from outperform to market perform, citing that the stock's current valuation already reflects its strong fundamentals and improving product cycles, limiting near-term upside.
- Barclays upgraded Vertiv Holdings to overweight from equal weight, highlighting a compelling entry point due to recent stock volatility and raising its price target to $200.
- TD Cowen reiterated a buy rating on Nvidia, praising its new licensing agreement with AI chip company Groq, which signals a strategic embrace of a different processing architecture.
- Goldman Sachs reinstated Cenovus Energy as a buy, emphasizing expectations for strong long-term free cash flow growth.
- Several firms, including Loop, Compass Point, BTIG, UBS, Mizuho, and Jefferies, reiterated buy
