Here are Wednesday's biggest calls on Wall Street: Barclays reiterates Tesla as equal weight Barclays lowered its price target on Tesla to $180 per share from $225 and said it sees a negative catalyst heading into earnings. "Facing an investment thesis pivot and a sea of uncertainty, this Tesla call is extra highly anticipated; expect negative catalyst." Mizuho initiates Royal Caribbean as buy Mizuho said the cruise company has a "differentiated" offering.
" NVDA continues to see strong spending trends in AI, with upward revisions in demand from some of the newer customers such as Tesla and various sovereigns." Wells Fargo reiterates Goldman Sachs as overweight Wells said it gives a "gold star" to Goldman coming out of earnings. "Overall capital markets revenue was up 14% YoY , driven by higher IB and trading." Maxim initiates Apple as buy Maxim said shares of Apple are fairly valued.
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