Monday’s Biggest Analyst Calls: NVIDIA, Apple, Tesla, AMD, Estee Lauder, Oracle, Yelp & More

Here are Monday’s biggest calls on Wall Street:

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Goldman Sachs initiates StubHub as a Buy
Goldman Sachs began coverage on StubHub Holdings (STUB) with a bullish outlook, citing a strong market position. The firm assigned a Buy rating and set a 12-month price target of $46 for the ticketing platform.

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Mizuho reiterates Advanced Micro Devices and Nvidia as Outperform
Mizuho reaffirmed its positive stance on AMD and Nvidia, boosting their price targets to $275 (from $205) and $225 (from $205), respectively. The firm said Broadcom (AVGO) and Nvidia (NVDA) remain well-positioned, while AMD’s partnership with OpenAI could unlock additional upside.

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Goldman Sachs upgrades Newmont Mining to Buy from Neutral
Goldman turned positive on Newmont (NEM), upgrading it to Buy after recent share weakness. The firm highlighted Newmont’s production growth, strong free cash flow yield, and disciplined capital management as attractive factors supporting the call.

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Jefferies reiterates Apple as Underperform
Jefferies maintained its Underperform rating on Apple (AAPL) and trimmed its price target slightly to $203.07 from $205.16, warning that tariff risks could again pressure the tech giant.

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Baird turns bullish on Dutch Bros
Baird advised investors to take advantage of the recent 32% drop in Dutch Bros (BROS) stock since August, calling it a “buy-the-dip” opportunity. The firm expects a stronger-than-feared third-quarter update.

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Goldman Sachs upgrades Estee Lauder to Buy from Neutral
Goldman Sachs expressed renewed confidence in Estee Lauder (EL), upgrading the beauty company to Buy. The analysts cited progress in the brand’s “Beauty Reimagined” strategy, emphasizing management’s focus on consumer-led innovation and agility as key drivers for future growth.

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Citi adds a positive catalyst watch on Meta
Citi placed Meta Platforms (META) on a 90-day Catalyst Watch ahead of its third-quarter earnings. The firm said Meta is capturing more ad spend, driven by the success of new products like Business AI, and reaffirmed its Buy rating with a $915 price target, calling it their top pick.

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Jefferies upgrades SL Green to Buy from Hold
Jefferies upgraded SL Green (SLG), noting that the real estate investment trust has smartly reinvested in Midtown Manhattan properties. The firm believes SLG is well-positioned to benefit from the ongoing post-pandemic recovery in the office sector.

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JPMorgan upgrades Argan to Overweight from Neutral
Argan (AGX) received an upgrade from JPMorgan, which raised its year-end 2026 price target to $315. The bank called Argan a hidden gem in the clean energy space and added it to its Positive Catalyst Watch list.

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Goldman Sachs initiates Aura Minerals as Buy
Goldman Sachs started coverage of Aura Minerals (AUGO) with a Buy rating and a $46.6 price target, pointing to its strong fundamentals in the gold sector.

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Morgan Stanley initiates Netskope as Overweight
Morgan Stanley began coverage on Netskope (NTSK), describing it as a beneficiary of the industry’s shift toward modern network security and AI-driven platforms.

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Evercore ISI upgrades Yelp to Outperform from In Line
Evercore ISI upgraded Yelp (YELP), labeling it an “AI winner.” The analysts raised their price target from $37 to $45, citing opportunities tied to artificial intelligence.

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RBC upgrades Sprouts Farmers Market to Outperform from Sector Perform
RBC Capital Markets upgraded Sprouts (SFM), saying the stock’s valuation—trading at roughly 9x 2027 adjusted EBITDA—makes it too attractive to ignore. The firm said recent promotional worries are overstated, creating a favorable risk-reward setup.

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Bank of America downgrades Intel and Texas Instruments
Bank of America cut Intel (INTC) to Underperform from Neutral, saying the stock has surged too quickly. It also downgraded Texas Instruments (TXN) on concerns that global tariffs could suppress industrial demand, despite the company’s solid fundamentals.

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Barclays reiterates Oracle as Overweight
Barclays reaffirmed its Overweight rating on Oracle (ORCL) and raised its price target to $367 from $347, citing optimism ahead of its Financial Analyst Day.

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Melius initiates Tesla as Buy
Melius Research launched coverage of Tesla (TSLA) with a Buy rating, calling the EV maker a “must-own” stock due to its unique ability to leverage computing power and innovation in the AI-driven automotive landscape.

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Goldman Sachs downgrades PayPal and Marqeta to Sell
Goldman Sachs downgraded both PayPal (PYPL) and Marqeta (MQ) to Sell, citing too many negative catalysts and downside risks to 2026 forecasts.

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Bank of America upgrades Applied Materials to Buy from Neutral
Applied Materials (AMAT) was upgraded to Buy with a new $250 price target. Bank of America cited the company’s compelling valuation and potential wafer fabrication equipment growth in 2026, driven by robust DRAM investments.

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Citi upgrades Progress Software to Buy from Neutral
Citi raised Progress Software (PRGS) to Buy, describing it as a “stable and reliable” performer in an overvalued tech environment. The firm sees the current dip as a buying opportunity.

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Needham initiates Mind Medicine as Buy
Needham began coverage of Mind Medicine (MNMD) with a Buy rating and a $28 price target, highlighting upside potential in the emerging psychedelics space.

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Piper Sandler upgrades Commvault to Overweight from Neutral
Piper Sandler upgraded Commvault (CVLT) to Overweight with a new $200 target, citing favorable industry checks and a recent pullback that created an appealing entry point.

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Compass Point initiates eToro Group as Buy
Compass Point started coverage of eToro (ETOR) with a Buy rating and a $66 target, noting its appeal to Millennials and Gen Z through a diverse mix of crypto, equity, and social investing products.

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Deutsche Bank upgrades CubeSmart and Public Storage to Buy
Deutsche Bank upgraded both CubeSmart (CUBE) and Public Storage (PSA), saying fundamentals in the self-storage sector are stabilizing and showing early signs of improvement.

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BTIG upgrades Palo Alto Networks to Buy from Neutral
Finally, BTIG raised Palo Alto Networks (PANW) to Buy, following positive feedback from partners managing roughly $1.2 billion in annual PANW sales, suggesting growing momentum in the cybersecurity firm’s channel strength.

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