Tuesday biggest Wall Street analyst calls
CNBC • • business
Key Points:
- Evercore ISI initiates coverage of Reddit with an Outperform rating and a $320 price target, citing a significant opportunity based on projected 2027 EBITDA.
- Multiple upgrades include Mastercard to buy by Compass Point, KLAC to buy by TD Cowen, and Kodiak Gas Services to overweight by Barclays, highlighting strong fundamentals and growth prospects.
- Bank of America raised price targets for Micron ($400), Alphabet ($370), IBM ($335), and Carvana ($515), reflecting optimism about pricing environments, AI leadership, and market expansion.
- Goldman Sachs downgraded HP to sell but upgraded Hewlett Packard Enterprises to buy, signaling divergent outlooks within the tech hardware sector.
- Other notable moves include Jeffer
