Here are the biggest calls on Wall Street on Monday: Wells Fargo reiterates Bank of America as overweight The firm raised its price target on the stock. "We expect BAC to post a new 16%-18% ROTCE target at its Nov. 5 investor day on expectations that it can better monetize its unique franchise. Increase PT from $60 to $62 post 3Q25 earnings when we increased ests." Bank of America upgrades Doximity to buy from neutral The firm says it's bullish on the social platform for physicians. "We are upgrading shares of Doximity (the prominent online platform for physicians where top 20 pharma advertises) from Neutral to Buy..." Mizuho reiterates Nvidia and Broadcom as outperform Mizuho called both stocks "best positioned." "We believe NVDA and AVGO remain best-positioned with leadership in the AI Datacenter..." Bank of America initiates CYD as buy Bank of America says the powertrain company is a share gainer. "We initiate Yuchai, one of China's leading ICE manufacturers, at Buy rating and PO of USD46 (24% upside potential)." JPMorgan reiterates Alphabet as overweight JPMorgan raised its price target on the stock to $300 per share from $260. " Google is the 2nd best performing Mag 7 name YTD—up 37% YTD and 80% from the April lows (compared to the SPX +15% and +36%)—and our recent discussions with investors frequently focus on what's next following the big run." Citi reiterates Micron as buy Citi says it sees rising AI demand for the stock. "We raise our already above-Consensus estimates and price target from $240.00 to $275.00 and maintain our Buy rating on MU." KBW reiterates Berkshire Hathaway to underperform from market perform KBW says things are "not moving in the right direction for Berkshire. "We lower our rating on BRK.A' s shares to Underperform from Market Perform and our target price to $700,000 from $740,000." Baird initiates SailPoint as outperform Baird says shares of the identity security company have plenty more room to run. "We initiate coverage on SailPoint with an Outperform rating. As identity threats surge and machine/agent entities proliferate, SailPoint's governance first identity platform is increasingly mission-critical." Baird initiates Commvault as outperform Baird says the software company is best positioned. "We initiate coverage on Commvault with an Outperform rating. In a world of rising ransomware and hybrid, multi-cloud complexity, Commvault's evolution from legacy backup to full-stack data resilience is well-timed." Goldman Sachs initiates Neptune Insurance as buy Goldman called the insurance company a "unique asset." "We initiate coverage on Neptune (NP) shares with a Buy rating and a 12-month target price of $30, reflecting a 20% total return opportunity." RBC upgrades Honeywell to outperform from sector perform RBC says it sees "growing momentum." "We are upgrading Honeywell from Sector Perform to Outperform following a solid 3Q25 that, in our view, marks the start of the breakup catalyst-rich phase heading into the planned 2H26 separation of Aero/ Automation." See here for more on the call. Raymond James upgrades Terex to outperform from market perform Raymond James says the machinery company is attractive. "We are upgrading TEX to Outperform on outsized risk-adjusted upside potential, with ~25% total return potential to our $70 price target." Morgan Stanley downgrades Harley-Davidson to equal weight from overweight and upgrades Life Time Group Holdings to overweight from equal weight The firm says it sees too many negative catalysts for Harley. The firm also upgraded Life Time Group Holdings to overweight citing "reaccelerating club growth." Guggenheim upgrades Microsoft to buy from neutral Guggenheim upgraded the stock ahead of earnings later this week and says it's well positioned for AI. "We are upgrading the shares of MSFT to Buy from Neutral and introducing a Price Target of $586, representing 12% upside from current levels." Read more. JPMorgan reiterates Apple as overweight JPMorgan raised its price target on the stock to $290 per share from $280. " AAPL shares are heading into the upcoming earnings print with a greater halo of positivity than any time in the past year with the discussion around the investment thesis narrowing down to outcomes on iPhone sales for the iPhone 17 series, and following it, the iPhone 18 series to be launched next year." UBS initiates Fermi as buy UBS says the power generation company is an AI power play. "We are initiating coverage of FRMI with a Buy rating and $30 price target." JPMorgan upgrades Five Below to overweight from neutral JPMorgan says the risk/reward is too attractive to ignore for the discount retailer. "Upgrading FIVE to Overweight raising 3Q SSS [same-store sales] to +10.0% and EPS +72% above Consensus noting +20-30bps of incremental operating leverage per comp point of upside and risk/ reward of $161 by $227." Read more. Morgan Stanley initiates Chef's Warehouse as overweight The firm says the food company is well positioned. "Specialty/higher end food distributor CHEF has a good history of top line growth and occupies an attractive corner of a large market, with further room for organic/inorganic expansion." RBC initiates Array Digital Infrastructure as outperform RBC says it's bullish on shares of the tower company. "We initiate coverage of Array Digital Infrastructure with an Outperform rating and $62 price target." Goldman Sachs reinstates DoorDash as buy Goldman reinstated coverage of the stock and says it sees a slew of positive catalysts. "With the close of the Deliveroo acquisition, we reinstate a rating on DoorDash (DASH) at Buy, with a $315 12-month price target." Wells Fargo upgrades Glaukos to overweight from equal weight Wells said in its upgrade of Glaukos that the ophthalmology company is attrative. "We see material upside potential coupled w/ an attractive valuation. Upgrading to OW and PT to $120 (from $92 prior)." Truist upgrades Booking Holdings to buy from neutral Truist says the secular downside risk fears are overdone. "We are upgrading BKNG to Buy from Hold driven by Asia's long-term travel outlook, steady global GDP growth, more attractive valuation, and arguably too much near-term investor concern on secular downside risks from emerging AI platforms..." Stephens upgrades Mister Car Wash to overweight from equal weight Stephens says buy the dip in the car wash company. "We upgrade MCW to OW (from EW) and adjust our PT to $6.25 (was $7.50)." Citi initiates Anglogold Ashanti as buy Citi says the mining company is a beneficiary of rising gold prices. "AU /AGL is well-placed to benefit from higher gold prices: every 10% change in gold price assumption could mean a delta of 23% EBITDA ('26e), 30% FCF ('26e), and 30% in NAV, on our estimates." Truist initiates Amer Sports as buy Truist says the sporting goods company has a differentiated offering. " Amer Sports owns several brands – notably (1) Arc'teryx (highly technical outdoor/mountain apparel), (2) Salomon (outdoor footwear with performance heritage and growing lifestyle traction), & (3) Wilson (sports equipment)." Morgan Stanley reiterates Tesla as overweight Morgan Stanley says Tesla's recent earnings report had several "show-stoppers." "I'm callin' it. Autonomous cars are solved. When I say solved, do I mean six or seven 9's to the right of the decimal? No. Perfection? Never. But enough to pull the safety driver at scale in major metros. It's a James Watt moment that changes transportation forever. Tesla's 3Q results included 3 'show-stoppers' that seemed to go largely under the radar..."
