Here are Monday's biggest analyst calls: Nvidia, Apple, Tesla, Netflix, Carvana, Tyson Foods, Twilio & more

Here are Monday’s biggest calls on Wall Street: Jefferies upgrades Boot Barn to buy from hold Jefferies cited robust demand. “We upgrad e BOOT to Buy as valuation has meaningfully reset (from ~24x to ~16x), while execution and underlying demand trends remain intact.” KBW initiates Sezzle as outperform KBW said the stock has “underappreciated profitable growth in buy-now pay-later.” “We are initiating coverage of Sezzle (SEZL) with an Outperform rating and 12-month price target of $85, implying 33% potential upside.” Morgan Stanley names Seagate a top pick The firm said Seagate is an “underappreciated” data center stock. “Switching ‘Top Pick’ to STX (f rom WDC) given modest valuation discount & ability to expand gross margins modestly faster through C1H27.” Deutsche Bank downgrades Avis Budget to hold from buy Deutsche said its downgrade of Avis is fundamental driven. “We wish to be very clear that our downgrade is purely fundamental in nature.” Jefferies upgrades Twilio buy from neutral Jefferies said Twilio has attractive fundamentals. “We believe the combination of greater relevance in an agentic AI world plus better fundamentals will result in a better valuation multiple as well. Our $160 PT implies 21x on our 2027 FCF estimate.” JPMorgan initiates MDA Space as overweight JPMorgan said shares of the space company have plenty more room to run. “We’re initiating on MDA Space (MDA US) with a Dec-26 price target of $34, for 25% implied upside.” KeyBanc reiterates Nvidia as overweight Key said Nvidia remains “uniquely positioned.” “We maintain our Overweight rating and the price target of $275, based on 24x our FY28 EPS estimate of $11.26.” Goldman Sachs upgrades Netflix to buy from neutral Goldman said the risk/reward is attractive. “Ahead of its Q1 2026 earnings report, we preview current industry data and highlight trends in third party data and NFLX’ s content slate. In addition, we upgrade the shares from Neutral to Buy while adjusting our 12-month price target to $120 as we see a more positive risk/reward from current levels.” Read more. Jefferies downgrades Las Vegas Sands to hold from buy Jefferies said the earnings growth is not very compelling right now. “With LVS’s increased push into premium mass, we see risk that Adj. EBITDA growth underperforms expectations, driven by an elevated reinvestment rate. As a result, we view the near-term earnings profile as less compelling, with Adj. EPS growth decelerating to +3.9% in 2026 from ~+20% achieved in 2024–2025.” Piper Sandler upgrades Tyson Foods to overweight from neutral Piper said it sees “neat term catalysts in beef and chicken.” “We are upgrading TSN to OW (prior: Neutral) as the competitive disruptions in Beef and Chicken are potential upside catalysts to TSN’s F2H26/F1H27 earnings.” Bank of America initiates PayPay as buy Bank of America said in its initiation of PayPay it sees accelerating growth for the Japanese payments company. “We initiate coverage with a Buy rating and a price objective (PO) of $26.” Wells Fargo upgrades Olin to overweight from equal weight Wells said the chemical company is firing on all cylinders. “We upgrade OLN to OW from EW thanks to a stronger outlook for 2026E as we expect ECU [electrochemical unit] margins and caustic soda prices to continue to increase due to the conflict in Iran. We establish a 12-month PT of $35 (prior $25) based on 7x mid-cycle EBITDA.” Bank of America downgrades Carvana to neutral from buy Bank of America said the risk/reward is more “balanced.” “We are downgrading Carvana to Neutral as recent macro & industry developments make the near-term risk/reward look more balanced.” Barclays upgrades Rocket Companies and First American to overweight from equal weight Barclays upgraded both consumer finance companies on valuation. “We upgrade RKT and FAF to OW following the recent valuation reset.” BMO upgrades Northern Trust to outperform from market perform BMO said the regional bank has earnings upside. “We are upgrading NTRS to Outperform from Market Perform.” TD Cowen initiates ThredUp as buy TD Cowen said the online resale company has “compounding growth.” “ThredUp is a leading managed mass market resale platform in the U.S., processing ~100k unique items per day.” Melius upgrades Amkor to buy from hold Melius said it’s bullish on the semiconductor test company. “We are upgrading shares of Amkor, a leader in semiconductor packaging and test.” Evercore ISI upgrades Waters to outperform from in line Evercore said the life sciences company is on a “comeback.” “We are upgrading WAT to Outperform as we believe 1Q numbers are achievable and 2H ramp provides a nice backdrop for a comeback.” Bank of America reiterates Apple as buy Bank of America said it’s bullish on the company’s MacBook Neo. “We see the intro of Neo as a meaningful tailwind to Mac revs and total company EPS as the majority of revenue should be incremental t o Apple.” Jefferies upgrades Kratos to buy from hold Jefferies said in its upgrade of Kratos that the defense and security company has a compelling entry point. “…attractive entry pt w/ $85 PT based on 53X our base '28 EBITDA & upside to $105 at 35X upside ‘28 EBITDA vs Defense Tech peers’ 22X.” JPMorgan reiterates Tesla as underweight JPMorgan lowered estimates on Monday following the company’s deliveries report last week. “We are lowering our estimates and reiterating our Underweight rating for Tesla (TSLA) shares after the firm reported 1Q26 deliveries of 358K…” Read more.