Friday’s Biggest Analyst Calls: Nvidia, Apple, Tesla, Netflix, Roblox, Amazon, Chipotle, Delta, AMC & More

Here are Friday’s biggest calls on Wall Street:

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Citi Reaffirms Apple with a Buy Rating
Citi continues to recommend Apple as a buy, despite some uncertainty around its future performance. The firm highlighted that short-term gains likely came from boosted demand in the June quarter, driven by tariff pauses and aggressive Chinese promotions. However, Citi remains cautious about iPhone demand over the remainder of the year, citing potential delays in Apple’s artificial intelligence developments and concerns related to ongoing Section 232 trade policy decisions.

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Morgan Stanley Maintains Amazon as a Buy, Raises Target Price
Morgan Stanley reaffirmed its bullish stance on Amazon and lifted its price target from $250 to $300 per share. The firm pointed to a more favorable global outlook with easing tariffs and fewer geopolitical tensions. Given this improving environment, Morgan Stanley revised its forecasts upward to reflect the more stable macroeconomic landscape.

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Wedbush Upgrades AMC Entertainment to Outperform
Wedbush upgraded AMC shares from neutral to outperform, anticipating several tailwinds for the theater chain. The firm expects AMC to benefit from a steadier film release schedule over the next few quarters and sees the company positioned to expand its market share in 2025 and 2026. This confidence is partly based on AMC’s premium screen count leadership in North America and its expansion plans in Europe and the UK.

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Goldman Sachs Boosts Visteon to Buy
Visteon earned an upgrade from Goldman Sachs, moving from neutral to buy. The firm sees multiple growth catalysts for the auto supplier, particularly in digital cockpit technologies. Goldman pointed to recent business wins with automaker Toyota as evidence of Visteon’s potential to outpace broader auto production growth.

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TD Cowen Upgrades Texas Instruments
TD Cowen raised its rating on Texas Instruments (TI) from hold to buy, setting a price target of $245. The firm expressed greater confidence that the downturn in industrial semiconductor inventory is nearing an end. Additionally, Texas Instruments’ flexible capital spending plan for 2026 and beyond was viewed as a positive. While macroeconomic and tariff concerns still exist, TD Cowen believes TI can perform well in both fast and slow recovery scenarios.

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Citi Adds Arista Networks to Positive Catalyst Watch
Citi flagged Arista Networks as a stock with further upside potential. Analysts placed it on a positive catalyst watch list, noting expectations for upward revisions in the company’s second-half guidance, which could drive outperformance.

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Citi Reaffirms Roblox as a Buy, Hikes Price Target
Citi maintained its buy rating on Roblox and raised its price target from $100 to $123 per share. This new target implies a valuation around 50 times its projected 2026 free cash flow per share. Citi expressed optimism in Roblox’s future earnings trajectory.

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Citi Upgrades TE Connectivity to Buy
TE Connectivity was upgraded by Citi from neutral to buy. The decision was based on improving signals in the auto industry, where TE Connectivity is a significant supplier of electronic connectors. Recent data suggests stabilization in automotive trends, supporting Citi’s more optimistic view.

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Goldman Sachs Lowers Tesla Target, Keeps Neutral Rating
Goldman Sachs held its neutral rating on Tesla but trimmed its price target from $315 to $285 per share. The firm cited weaker-than-expected EV sales, especially from Tesla, which historically has dominated the U.S. battery electric vehicle (BEV) market. Goldman also noted that companies like Ford, GM, and Rivian are slowing down their EV ambitions.

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JPMorgan Upgrades Sallie Mae to Overweight
JPMorgan upgraded student loan provider Sallie Mae from neutral to overweight. The firm expects rising loan originations to offset negative effects from less favorable federal forbearance and debt forgiveness policies. This, in turn, should support earnings growth.

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Needham Reiterates Netflix as a Buy, Raises Price Target
Needham maintained its buy rating on Netflix and increased the stock’s price target to $1,500 from $1,126. The upgrade was tied to strong labor efficiency trends and rising confidence in Netflix’s financial performance through fiscal year 2026.

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Truist Upgrades GXO Logistics to Buy
Truist boosted GXO Logistics from hold to buy, expressing greater confidence in the company’s path forward. The firm cited better margin clarity, strong contract growth, integration of its Wincanton acquisition, and a forthcoming change in leadership as key reasons for the upgrade.

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Wedbush Remains Bullish on Nvidia
Wedbush reiterated its outperform rating on Nvidia, citing robust demand for both its graphics processing units (GPUs) and AI accelerators. The firm’s industry checks suggest ongoing strength in product demand.

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Morgan Stanley Keeps Chipotle Overweight
Morgan Stanley reaffirmed its overweight rating on Chipotle, noting that while investor sentiment has been mixed recently, signs of improvement are emerging. If performance in the second half of the year exceeds expectations, the stock could continue to climb.

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Bank of America Sticks with Delta, Raises Price Target
Bank of America reiterated its buy rating on Delta Air Lines and increased the stock’s price target to $67 from $60. Following Delta’s earnings report, the firm highlighted stronger-than-expected results for the third quarter and full year. The upside, they said, is primarily driven by sustained strength in premium ticket sales, even as economy-class growth remains subdued.