Here are Tuesday’s biggest calls on Wall Street: Goldman Sachs reiterates Microsoft as buy Goldman said it’s standing by the stock and that Microsoft “continues to invest in AI capacity prudently with an eye towards returns.” “We reiterate our Buy rating, $500 PT, and leave our estimates for $88bn/91bn in FY25/26 CapEx unchanged following recent reporting that Microsoft has potentially delayed or canceled some of its AI data center leases.” Truist reiterates Nvidia as buy Truist said Nvidia is “still the AI leader and the one to own” ahead of earnings on Wednesday. “Lots of noise, but the data we trust most is encouraging.” BMO upgrades Quanta Services to outperform from market perform BMO said investors should buy the dip in the infrastructure company. “Recent pullback on power and related infrastructure offers attractive opportunity to lean into PWR. ” Bank of America initiates Metsera as buy Bank of America said the biotech company has a differentiated offering in the obesity market. “We initiate coverage of Metsera (MTSR) with a Buy rating and a $38 PO, implying > 20% upside.” Read more about this call here. Bernstein reiterates Ferrari as outperform Bernstein said Ferrari is uniquely positioned for growth ahead. “Few brands have been able to create a highly desirable range of products exclusively catered towards an ‘inner circle’ of VIP/loyal customers.” Morgan Stanley upgrades Block to equal weight from underweight The firm upgraded the stock mainly on valuation. “We’re upgrading XYZ to EW, with the stock now trading near our PT of $65.” Bernstein reiterates Nike as outperform Bernstein said it’s standing by Nike ahead of earnings in late March. “Estimates today are heavily skewed to the bear case, and we expect them to tick upwards as we get more market feedback, restoring confidence that the brand isn’t ‘dead’ but can still deliver multi-year structural earnings growth in FY26 and beyond.” Morgan Stanley reiterates Tesla as overweight Morgan Stanley said Tesla is well positioned in the humanoid and robotics market. “We identify three main catalyst types that could support a stock price rally: 1) strong government support 2) major corporate/humanoid model updates; and 3) advancement in major technologies.” Morgan Stanley reiterates Target as overweight Morgan Stanley said it sees an “attractive risk/reward” heading into earnings in early March. “TGT’s discount relative to broadline peers offers a compelling entry point for value investors as it attempts to execute on its strategic priorities and show progress on its journey back to a 6% operating margin.” Jefferies initiates Wave Life Sciences as buy The firm said the biotech company is well positioned. ” WVE is building a portfolio of RNA medicines by leveraging cutting-edge technologies and novel chemistry that could fundamentally change the way diseases are treated.” Bank of America initiates BGC Group as buy Bank of America said in its initiation of BGC that the financial services company is “best positioned to capitalize on Trump-related volatility.” “Among our covered market structure stocks, we think BGC has the most ideal cyclical set-up over the NT due to its mix of FX and commodity revenues.” Bank of America initiates Infinity Natural Resources as buy The firm said the oil and energy company is a “stand out.” “We initiate coverage of Infinity Natural Resources (INR) with a Buy rating and a price objective of $30, implying 50% upside potential.” Morgan Stanley reiterates Amazon, Microsoft, Alphabet & Meta as overweight Morgan Stanley revealed several major internet and tech companies that are well positioned for GenAI returns. “Visibility on demand drivers across Software and Internet is firming as we see $153B in GenAI revenue in 2025, boding well for MSFT, AMZN, GOOG , and META. ” D.A. Davidson initiates Nebius Group as buy DA says the AI data center company is undervalued. “Nebius is emerging as one of the first true alternatives to hyperscaler-dominated AI compute.” Deutsche Bank upgrades Constellium to buy from hold Deutsche said the aluminum products company is too attractive to ignore at current levels. “For investors looking to enter the space, CSTM will likely appear attractive on valuation, and we note the stock has been down 44% in the last 12 months. At this time we view it as a good entry point for investors.”
