Wednesday’s Biggest Analyst Calls: Nvidia, Tesla, Amazon, Duolingo, Toll Brothers, Roblox, Apple & More

Here are Wednesday’s biggest calls on Wall Street:

‍

Seaport Upgrades Toll Brothers to Buy

Seaport Research Partners has raised its rating on Toll Brothers from neutral to buy, suggesting it's becoming more optimistic about the homebuilding sector. The firm noted that many negative expectations—like shrinking margins and reduced orders—may already be factored into the stock price. Seaport also upgraded Taylor Morrison alongside Toll Brothers, saying now is the time for a more favorable stance.

‍

Nvidia Reaffirmed as a Buy by Rothschild & Co Redburn

Rothschild & Co Redburn remains bullish on Nvidia, citing better clarity on its future earnings. The firm highlighted Nvidia’s return to offensive strategy, particularly through sovereign investment agreements that enhance revenue visibility. It lifted its earnings estimates for fiscal years 2026 through 2028 by 1% to 5% and increased the price target from $178 to $192.

‍

Dynatrace Gets an Upgrade from Guggenheim

Dynatrace shares received a boost from Guggenheim, which upgraded the stock from neutral to buy. Analysts are seeing positive momentum in the company’s business outlook and have assigned a $66 price target—representing a roughly 25% upside. Guggenheim said confidence is growing that Dynatrace’s main growth catalysts are strengthening.

‍

Bank of America Reiterates Buy Rating on Amazon

Bank of America continues to endorse Amazon as a buy and increased its price target from $248 to $265. The bank pointed to Amazon’s favorable position in expanding industries such as e-commerce, cloud computing, online advertising, and smart devices.

‍

Gordon Haskett Upgrades Williams-Sonoma

Williams-Sonoma was upgraded by Gordon Haskett from hold to buy. The firm said it sees improving sales and has now set a new price target of $205 per share.

‍

Roth MKM Maintains Buy Rating on Tesla

Ahead of Tesla’s quarterly earnings report, Roth MKM is sticking with its buy rating. Analysts say the key question is whether investors will prioritize Tesla’s progress with initiatives like its autonomous “CyberTaxi” and humanoid robot Optimus, instead of focusing on weakening electric vehicle demand.

‍

UBS Upgrades Mosaic to Buy

UBS has changed its stance on Mosaic, upgrading it from neutral to buy. It believes the stock offers a more favorable risk/reward ratio, suggesting about 25% upside potential.

‍

Jefferies Begins Coverage on Galaxy Digital with Buy Rating

Galaxy Digital received a buy rating from Jefferies, which said the crypto-focused company stands to benefit from a friendlier regulatory environment and rising demand for data centers powered by artificial intelligence. The firm is optimistic about Galaxy’s strong cash flow and overall position in the market.

‍

Truist Downgrades Lockheed Martin

Lockheed Martin was downgraded by Truist from buy to hold due to concerns over management’s execution. The firm lowered its price target to $440 from $554 following the company’s second-quarter results.

‍

Evercore ISI Names Duolingo a Top Pick

Duolingo has been labeled a “top pick” by Evercore ISI, which sees a buying opportunity following the stock’s recent 33% decline. Analysts are confident in Duolingo’s potential and have set a $540 price target, reflecting about 50% upside.

‍

Jefferies Starts Okeanis Eco Tankers at Buy

Jefferies initiated coverage on Okeanis Eco Tankers with a buy rating and a $29 price target, indicating the stock still has considerable growth potential.

‍

Citi Initiates Celsius Holdings at Buy

Celsius Holdings, the energy drink company, was started at a buy rating by Citi. The firm is highly optimistic about both Celsius and the broader energy drink sector and assigned a $55 price target.

‍

Bernstein Downgrades Tyson Foods

Tyson Foods was downgraded by Bernstein to market perform from outperform. The downgrade was due to growing concerns about cattle supply issues and a potential outbreak of New World screwworms, which haven't been seen in the U.S. for 60 years. These risks, combined with high heifer slaughter rates, are causing unease among investors.

‍

Bank of America Downgrades Sarepta Therapeutics

Bank of America lowered its rating on Sarepta from neutral to underperform, cutting the price target from $20 to $10. The downgrade follows the company's announcement that it has paused shipments of its Duchenne muscular dystrophy gene therapy at the request of regulators.

‍

Raymond James Downgrades Roblox

Roblox received a downgrade from Raymond James, which lowered the rating from strong buy to outperform. Though it raised the price target from $81 to $130, the firm believes expectations are currently too high for the stock.

‍

UBS Reiterates Buy Rating on Texas Instruments

Texas Instruments held onto its buy rating from UBS after reporting strong quarterly results. However, the company's revenue forecast for the next quarter showed only a 4% sequential increase, which was below market expectations.

‍

Jefferies Downgrades Boot Barn

Boot Barn was downgraded by Jefferies from buy to hold, primarily due to the stock's high valuation. Despite the downgrade, the firm still has confidence in the company’s underlying fundamentals.

‍

Apple Maintains Buy Rating from Monness Crespi Hardt & Co

Apple continues to earn a buy rating from Monness Crespi Hardt & Co ahead of its July 31 earnings report. The firm praised Apple’s innovation in digital ecosystems and artificial intelligence, but also warned of regulatory risks, trade tensions, and uncertain macroeconomic conditions.