Friday’s Biggest Analyst Calls: Nvidia, Apple, Coinbase, Intel, Beyond Meat, Amazon, Microsoft, Ebay & More

Here are the biggest calls on Wall Street on Friday:

Wall Street analysts issued a flurry of notable calls on Friday, highlighting key upgrades, downgrades, and fresh coverage across various sectors. Here’s a closer look at some of the most significant moves investors are watching.

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Evercore ISI Reiterates Apple as Outperform
Evercore ISI maintained its bullish stance on Apple, pointing to optimism surrounding the company’s new partnership with Formula One.
“Although the initial price tag might seem steep, we view Apple’s acquisition of broadcasting rights as a strategic move to strengthen its foothold in live sports,” the firm noted.

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JPMorgan Upgrades Kodiak Sciences to Overweight from Neutral
JPMorgan lifted its rating on Kodiak Sciences, calling the biotech stock a compelling opportunity.
“We’re raising Kodiak (KOD) to Overweight from Neutral and increasing our December 2026 price target to $24, up from $15,” analysts said.

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Stifel Downgrades Snap to Sell from Hold
Stifel turned bearish on Snap, citing multiple negative catalysts.
“Our checks remain discouraging, and with growing confidence that TikTok isn’t leaving the U.S. anytime soon, we don’t expect this pressure on Snap to ease soon,” the firm commented.

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Morgan Stanley Upgrades Commercial Metals to Overweight from Equal Weight
Morgan Stanley upgraded Commercial Metals after recent acquisitions removed a key overhang.
“With the completion of pending deals, we believe the prior M&A uncertainty is no longer weighing on shares,” analysts said.

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JPMorgan Initiates Alphatec as Overweight
JPMorgan started coverage on Alphatec with an Overweight rating, citing its differentiated offering in the med-tech space.
“We’re initiating Alphatec with a December 2026 price target of $19,” the note stated.

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KeyBanc Resumes Coverage of Amazon as Overweight
KeyBanc renewed its positive view on Amazon, describing its valuation as attractive.
“With shares trading at 22.9x 2027 estimated earnings well below historical averages we see this as a favorable entry point,” the firm wrote.

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JPMorgan Upgrades Coinbase to Overweight from Neutral
JPMorgan turned more optimistic on Coinbase, saying the stock’s valuation is too appealing to pass up.
“We’re upgrading Coinbase to Overweight, driven by emerging monetization opportunities and declining risk levels compared with crypto peers,” the team explained.

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Jefferies Reiterates Microsoft as Buy
Jefferies remains bullish on Microsoft ahead of its upcoming earnings.
“Following one of its strongest quarters in recent memory, Microsoft looks poised to rerate higher as Azure, M365, and AI-driven growth accelerate,” analysts stated.

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Morgan Stanley Reiterates Intel as Equal Weight
Morgan Stanley maintained its Equal Weight rating on Intel but described its latest earnings as encouraging.
“The third quarter showed significant margin upside, reflecting Intel’s pattern of underpromising and overdelivering,” the firm observed.

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Cantor Fitzgerald Initiates Novavax as Overweight
Cantor Fitzgerald began coverage on Novavax with a bullish outlook.
“We’re starting Novavax (NVAX) with an Overweight rating and a 12-month price target of $18 representing potential upside of roughly 115%,” analysts wrote.

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Citizens JMP Upgrades eBay to Outperform from Market Perform
Citizens JMP raised its view on eBay, saying artificial intelligence could be a major tailwind.
“We’re upgrading eBay to Market Outperform with a $115 price target as its product initiatives significantly enhance the consumer experience,” the firm explained.

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UBS Upgrades Alliant Energy to Buy from Neutral
UBS sees new growth potential for Alliant Energy, driven by data center expansion.
“We’re raising Alliant (LNT) to Buy and boosting our target to $79 from $74, reflecting its strong positioning to meet surging power demand from data centers,” UBS said.

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Rothschild & Co Redburn Initiates Albemarle as Buy
The firm launched coverage on Albemarle, emphasizing its leadership in the lithium space.
“We’re initiating Albemarle with a Buy recommendation, given its competitive advantage in global lithium production,” the note stated.

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Citi Upgrades MNTN to Buy from Neutral
Citi upgraded connected-TV company MNTN, citing strong growth potential.
“We see compelling growth at a reasonable valuation as connected TV continues to attract larger advertising budgets,” analysts said.

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Mizuho Reiterates Beyond Meat as Underperform
Mizuho maintained its bearish stance on Beyond Meat and cut its price target to $1.50 from $2.
“Although recent financing efforts have improved the capital structure, weak fundamentals continue to justify our Underperform rating,” the firm warned.

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Morgan Stanley Upgrades Tractor Supply to Equal Weight from Underweight
Morgan Stanley turned more positive on Tractor Supply as margins begin to stabilize.
“Comparable sales growth is normalizing, and the company is moving past peak margin pressure following its investment cycle,” the analysts explained.

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BTIG Initiates Kyivstar as Buy
BTIG initiated coverage of Kyivstar Group, expressing confidence in the Ukrainian telecom provider.
“We’re starting Kyivstar (KYIV) with a Buy rating and a $17 price target,” BTIG announced.

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Truist Reiterates Nvidia and Uber as Buy
Truist reaffirmed its bullish outlook on both Nvidia and Uber, highlighting their growing collaboration in autonomous vehicles.
“Nvidia recently released a white paper detailing its AV-focused partnership with Uber. Through this alliance, Nvidia’s Cosmos cloud-based AI supercomputing platform leverages Uber’s driving data to simulate real-world scenarios and accelerate AV development,” the firm said.

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From tech giants like Apple and Microsoft to energy players and biotech innovators, Friday’s analyst calls revealed a mix of optimism, caution, and strategic opportunity across the market. Investors are now watching how these fresh ratings and price targets shape trading momentum in the weeks ahead.

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