Tuesday's Biggest Analyst Calls: Nvidia, Tesla, Amazon, Meta, Hasbro, Boeing, Robinhood & More

Here are the biggest calls on Wall Street on Tuesday:

Wall Street’s Most Notable Analyst Calls on Tuesday

A wave of analyst actions made headlines Tuesday, with several big names on Wall Street issuing upgrades and initiating coverage across a diverse mix of sectors, ranging from toys to energy to tech.

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Goldman Sachs Boosts Hasbro to Buy

Goldman Sachs upgraded shares of Hasbro from “Neutral” to “Buy,” signaling optimism about the toy manufacturer’s future prospects. The investment bank also lifted its price target to $85 from the previous $66, suggesting a potential upside of 21%. Analysts noted that the stock has room to outperform consensus expectations.

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Ovintiv Also Earns Upgrade From Goldman

Natural gas producer Ovintiv was another beneficiary of a Goldman upgrade. The firm moved the rating to “Buy” from “Neutral,” citing strong expectations for the company’s free cash flow in the coming quarters. Goldman believes the stock is well positioned to deliver returns driven by solid financial fundamentals.

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Oshkosh Sees Upgrade Amid Supply Improvements

Goldman Sachs also raised its rating on Oshkosh Corporation, a heavy machinery manufacturer, from “Neutral” to “Buy.” The analysts increased the stock’s price target to $131, pointing to improving supply chain conditions and better execution across the machinery sector following a broader industry upgrade in May.

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Robinhood Maintains Buy at Deutsche Bank

Robinhood kept its “Buy” rating from Deutsche Bank, which also raised its price target to $96 from $85 after the company held a crypto-focused event in France. At the event, CEO Vlad Tenev and other top executives introduced a new lineup of products aimed at expanding Robinhood’s presence in the crypto space.

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Omada Health Initiated as Buy by Goldman

Goldman Sachs began coverage of Omada Health, a provider of virtual care for chronic conditions, assigning it a “Buy” rating and a 12-month price target of $29. The firm highlighted Omada’s competitive advantages and potential for long-term growth in the digital health arena.

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JPMorgan Sticks With Underweight on Tesla

Tesla didn’t receive the same vote of confidence. JPMorgan reiterated its “Underweight” rating on the electric vehicle maker ahead of its upcoming delivery report. Analysts suggested the company is likely to miss consensus estimates, noting that weak delivery trends from the first quarter likely continued into the second.

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Piper Sandler Initiates Rollins With Overweight

Pest control firm Rollins received an “Overweight” rating from Piper Sandler, with a price target of $70. The firm compared Rollins to “the Walmart of pest control,” praising its dominant market position and growth potential.

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Amazon Retains Buy at Bank of America

Amazon remains a favorite at Bank of America, which reiterated its “Buy” rating ahead of the company’s annual Prime Day on July 8. Despite increased competition from other major retailers, the bank believes Prime Day remains a key driver of customer engagement and brand strength.

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Nvidia Highlighted for AV Opportunity

Bank of America also reaffirmed its bullish stance on Nvidia, underscoring the chipmaker’s strong position in autonomous vehicle (AV) technology. As the auto industry continues to shift toward electrification and automation, Nvidia’s advanced computing and AI capabilities are expected to play a pivotal role.

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Wolfe Upgrades C.H. Robinson

Shipping and logistics company C.H. Robinson was upgraded to “Outperform” from “Peer Perform” by Wolfe Research. The analysts noted that while the stock is down 7% year-to-date, it has fared better than broader transportation indices and is now attractively valued.

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Compass Point Starts New Fortress Energy at Buy

New Fortress Energy received a new “Buy” rating from Compass Point, which gave the stock a price target of $8.50. The analysts based this outlook on projections for strong EBITDA growth, forecasting nearly $948 million by fiscal year 2026.

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Meta Gains Support on AI Developments

Meta Platforms kept its “Buy” rating from Bank of America following reports of a new internal unit called Superintelligence Labs, reportedly led by Alexandr Wang, former CEO of ScaleAI. The initiative is viewed as a meaningful step forward in the company’s artificial intelligence efforts.

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Sportradar Initiated With Buy Rating by Truist

Truist initiated coverage on Sportradar, a global sports data and content provider, with a “Buy” rating. The firm sees more room for growth, given Sportradar’s dominant B2B position in the global market.

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Jefferies Starts IDEXX Laboratories at Buy

IDEXX Laboratories, a veterinary diagnostics leader, was also initiated at “Buy” by Jefferies. Analysts expect rising demand for animal health services, especially as a pandemic-era boom in pet adoption matures.

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Boeing Added to Bank of America’s Top Picks

Boeing was named a top investment idea for the third quarter by Bank of America. The analysts believe the aerospace giant stands to benefit from ongoing U.S. trade negotiations and is poised for improved production stability and profitability.

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Mondelez Joins Wells Fargo’s Tactical List

Wells Fargo added food company Mondelez to its third-quarter tactical ideas list. The firm cited confidence in the company’s 2025 outlook and ongoing execution that could lead to sustained earnings strength into 2026.

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Goldman Sachs Adds Three to Conviction Buy List

Duke Energy, Huntington Ingalls, and Kontoor Brands were added to Goldman Sachs’ U.S. Conviction Buy List. These additions came as Cloudflare, Snowflake, and Woodward were removed. Goldman sees long-term upside for the new additions due to their favorable positioning in their respective industries.

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Nike Upgraded to Buy at Argus

Nike was upgraded from “Hold” to “Buy” by Argus, which pointed to improvements in inventory management. Following efforts to streamline product lines in the second half of fiscal 2025, the sportswear giant is seeing better consumer traction.

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DraftKings Gets Price Target Bump from Citi

Citi reiterated its “Buy” rating on DraftKings, nudging the price target up from $55 to $58. The bank attributed the increase to favorable market conditions and expanding valuation multiples for the stock.

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