Here are Friday’s biggest calls on Wall Street: Citi reiterates Apple as buy Citi said it sees some uncertainty for Apple but that it’s sticking with its buy rating. “While we acknowledge upside from the pulled forward demand in the Jun-Q driven by tariffs pause and aggressive promotions in China, we remain cautious on the full year iPhone demand given AI delay and pending Section 232 decisions.” Morgan Stanley reiterates Amazon as buy The firm raised its price target on Amazon to $300 per share from $250 and said it sees a “more manageable tariff and geopolitical backdrop.” “Today, we are re-raising our estimates as we adjust for the more constructive macro landscape with lower tariffs.” Read more. Wedbush upgrades AMC Entertainment to outperform from neutral Wedbush said it sees a host of positive tailwinds ahead for the movie theater company. “We are upgrading shares of AMC to OUTPERFORM from NEUTRAL, as AMC 1) is poised to benefit from a more consistent release slate over the next several quarters; 2) is positioned to gain market share in 2025 and 2026 with the most premium screens in North America and expansion plans in UK/EU.” Goldman Sachs upgrades Visteon to buy from neutral Goldman Sachs said it sees a slew of positive catalysts ahead for the auto supplier. “We upgrade Visteon (VC) to Buy from Neutral to better reflect the company’s ability to outgrow auto production driven by its digital cockpit products, especially post recent wins with Toyota.” TD Cowen upgrades Texas Instruments to buy from hold TD Cowen said the stock is well positioned to outperform in any kind of a recovery. “With more confidence the industrial semis de-stocking is ending, and flexible CapEx in 2026+, we raise our estimates and upgrade shares of TI to Buy with a $245 PT. Tariff/ macro concerns linger, but we see TI positioned to outperform in either a sharp or gradual recovery.” Read more. Citi adds a positive catalyst watch on Arista Networks Citi said the stock has more room to run. “We are opening a positive catalyst watch on Arista as we believe shares will outperform with positive revisions to the company’s 2H outlook.” Citi reiterates Roblox as buy Citi said it sees more upside for shares of Roblox. “We are maintaining our Buy rating and raising our target price from $100 to $123 per share still akin to ~50x 2026 FCF per share.” Citi upgrades TE Connectivity to buy from neutral Citi said in its upgrade of TE Connectivity that the electronic connector manufacturer is seeing trends improving. “More recent data points in the auto market suggest auto trends have stabilized…” Goldman Sachs reiterates Tesla as neutral Goldman Sachs lowered its price target on the stock to $285 per share from $315. “However, we lower our expectation for EV (BEV) mix in the US to better reflect company-specific datapoints (in particular weaker sales at Tesla, which has accounted for roughly half of the US BEV market historically, but also more flexible EV targets and/or slower EV sales from Ford, GM, and Rivian).” JPMorgan upgrades Sallie Mae to overweight from neutral JPMorgan said in its upgrade of Sallie Mae that it sees earnings per share growth. “We believe higher originations will offset headwinds from less favorable forbearance and debt reduction policies on Federal loans.” Needham reiterates Netflix as buy Needham raised its price target on the stock to $1,500 per share from $1,126. “Raising NFLX FY26 Ests and PT, Based on Strong Labor Productivity Trends.” Truist upgrades GXO Logistics to buy from hold Truist said it is bullish on the logistics company’s new management. “We are upgrading GXO to Buy from Hold as we have greater comfort around margin visibility, ramping of high-value contracts, integration of the Wincanton acquisition and an upcoming leadership change.” Wedbush reiterates Nvidia as outperform The firm said its checks show high demand for Nvidia products. “We saw demand for both NVDA GPUs [graphics processing unit] and AI accelerators lifting.” Morgan Stanley reiterates Chipotle as overweight Morgan Stanley said it is sticking with shares of Chipotle . “Investor views we think had been short of Street and skeptical on the improvement path, at least as of couple of months ago, better since then but still mixed on how the next 6-12 months pan out. If 2H improvement is visible, or even overshoots, we think the stock continues to work and remain comfortable with our OW view into earnings and the balance of the year.” Bank of America reiterates Delta as buy The firm raised it price target on the stock to $67 per share from $60 following earnings on Thursday. “As we wrote in our first take note, DAL’s 3Q25 and full year outlook came in ahead of the Street and our sense of investor expectations. In our view, this upside is driven by continued strength in premium revenues with less of an inflection in more price sensitive main cabin revenue growth.”
