Monday’s Biggest Analyst Calls: Nvidia, Apple, Tesla, Duolingo, Netflix, Target, Cvs, Sunrun, Live Nation & More

Here are the biggest calls on Wall Street on Monday:

Here’s a look at some of the most notable analyst moves on Monday, featuring big upgrades and fresh initiations across multiple sectors.

‍

Goldman Sachs Kicks Off Coverage on Carlsmed with a Buy

Goldman Sachs sees strong upside for medtech player Carlsmed, calling the stock an attractive risk/reward opportunity. “We’re initiating coverage on Carlsmed (CARL) with a Buy rating and a 12-month price target of $19, implying about 40% upside.”

‍

Goldman Sachs Also Bullish on McGraw Hill

The firm launched coverage on education solutions giant McGraw Hill, citing confidence in its growth prospects. “We initiate McGraw Hill (MH) at Buy with a $27 price target over the next year.”

‍

Loop Capital Upgrades ServiceTitan to Buy

ServiceTitan, a leader in contractor software solutions, earned a vote of confidence from Loop Capital after strong survey results. “Our latest quarterly survey of ServiceTitan customers showed overwhelming positivity. The company remains a recognized market leader with a strong pipeline of high-value prospects for the next 12 months.”

‍

MoffettNathanson Starts Live Nation at Buy‍

MoffettNathanson says Live Nation, a global concert powerhouse, is positioned for growth amid strong industry tailwinds. “Live Nation dominates a $35 billion global concert market supported by steady demand and favorable supply trends.”

‍

Bank of America Initiates NIQ at Buy‍

BofA sees upside in consumer data leader NIQ Global Intelligence. “We’re starting coverage with a Buy rating and a $23 price objective, signaling a 28% potential gain.”

‍

UBS Upgrades CVS to Buy

UBS upgraded CVS after two strong quarters, noting improvements in its healthcare benefits unit. “We’re raising CVS from Neutral to Buy after early signs that its Healthcare Benefits segment turnaround is taking hold.”

‍

Citi and KeyBanc Both Positive on Duolingo

Citi began coverage of Duolingo, dubbing it a “language leader,” with a Buy rating and a $400 target price. KeyBanc also upgraded Duolingo, highlighting untapped growth potential.
‍

“We see price optimization and viral marketing as key upside drivers, lifting our price target to $460.”

‍

Guggenheim Upgrades Nextracker

Solar technology company Nextracker (NXT) received an upgrade from Guggenheim to Buy, with a new price target of $74—22% above last Friday’s close.

‍

RBC Turns Bullish on Sunrun

RBC upgraded Sunrun, citing tailwinds from the Inflation Reduction Act and rising solar adoption.
‍

“These factors should support Sunrun’s solar-as-a-service model and drive growth in the years ahead.”

‍

Morgan Stanley Calls Viper Energy a Buy

Morgan Stanley initiated Viper Energy at Overweight, saying the stock offers above-average growth with zero drilling or completion capex requirements.

‍

The firm also downgraded Occidental Petroleum to Equal Weight, citing valuation concerns despite long-term upside potential.

‍

BofA Reiterates Apple as a Buy

Apple’s services segment remains a key growth driver, according to Bank of America.
‍

“We maintain our Buy rating on Apple thanks to its stable cash flows, strong earnings, and robust capital return strategy.”

‍