Here are the biggest calls on Wall Street on Wednesday: Barclays reiterates Advanced Micro Devices as overweight Barclays says it's sticking with AMD shares following earnings on Tuesday. "AMD is gaining share in PC and Server with a call option on AI with significant potential spend from OAI [Open AI] and other customers." Read more. Citizens upgrades Airbnb to market outperform from market perform Citizens says it sees upside to consensus. "We upgrade Airbnb and establish a $160 PT, as we see multiple upcoming catalysts we believe could drive upside to current expectations." Baird upgrades GE Vernova to outperform from neutral Baird says capacity concerns are overdone. "A short ~month after we downgraded GEV to Neutral, we are moving back to Outperform as we believe this energy infrastructure cycle is still in the early innings and GEV is squarely positioned as one of the biggest beneficiaries." Jefferies initiates Levi Strauss as buy Jefferies says it sees a long runway for growth for the denim brand. "We see LT runway for LEVI value creation, led by DTC, lifestyle, and premium, and post-tariff reacceleration in '27." Mizuho upgrades Booking Holdings to outperform from neutral Mizuho says AI fears are overblown for the travel booking website. "We upgrade shares of BKNG to Outperform from Neutral and maintain our PT of $6,000, or 30% upside, with a compelling 2.7x bull/bear skew." Baird upgrades Capri to outperform from neutral Baird says investors should buy the weakness in shares of Capri Holdings. "Yesterday's selloff looks harsh considering a slight sales and earnings beat and a steady outlook (still progressing toward return to growth in F2027)." UBS initiates SEI Investments as buy UBS says it's bullish on shares of the alternative asset management company. "We are initiating coverage of SEI Investments Company (SEIC) with a Buy rating and a $115 price target." RBC upgrades Enphase Energy to outperform from sector perform RBC raised its price target on the stock to $54 per share from $31 and says demand has bottomed. "We believe demand has bottomed and ENPH has a strong opportunity to drive a market share recovery in resi and capture share in commercial as it continues to roll out new products. Our ~15x EBITDA multiple is roughly in line with the historical 3-yr avg." Wolfe reiterates Tesla as peer perform Wolfe says it sees a "catalyst rich" year ahead for Tesla but that investors are looking for more progress. "As it relates to the stock, we remain tactically constructive, with a steady stream of potential catalysts ahead. Of course, it's difficult to have high confidence in the success of all of TSLA's initiatives, especially as timing can shift around. But ultimately, the company's plan to ramp up spending considerably suggests they are very confident." DA Davidson upgrades Broadridge Financial to buy from hold DA Davidson says investors should buy the dip following earnings. "We are raising our rating on Broadridge to BUY (from Neutral) and maintaining our PT of $228. Shares of Broadridge have declined roughly 30% from recent highs (including a roughly 7% decline following fiscal 2Q results). We think the recent sell-off has become overdone and presents an opportunity. " Deutsche Bank reiterates Chipotle as buy The firm says Chipotle remains too attractive to ignore following earnings on Tuesday. "We continue to believe CMG offers a favorable setup & catalyst path in 2026 and think the company took an appropriately conservative approach to its guide with room for beats on both SSS and margins, which should help improve credibility (and sentiment)." Wolfe reiterates Nvidia as outperform Wolfe urged investors to be patient with Nvidia shares. "Our positive call on NVDA (we added NVDA to the Wolfe Alpha List last month) is based on our view of fundamentals, and not about seasonal trading trends." UBS reiterates Apple as neutral UBS says its Apple App Store checks show revenues continue to grow. "On a reported basis, global App Store revenue grew ~7%, roughly in-line with the ~6% growth in November and December." Morgan Stanley names Huntington Bancshares a top idea Morgan Stanley says investors should buy the dip in shares of the regional bank. "We see multiple paths to get to ~$2 EPS by 2027 from achieving deal-related revenue synergies, lower expense growth, and higher buybacks — and with clear positive catalysts coming this quarter. Moving HBAN to our Top Pick." William Blair reiterates Amazon as outperform The firm says Amazon is well positioned heading into earnings on Thursday. "We believe 2026 sets up favorably for Amazon." Bank of America upgrades Omnicell to buy from neutral Bank of America says the pharmacy management solutions company has an "underappreciated multi- year growth story with multiple upside." "Our Buy rating is driven by our view of OMCL's leadership position in a duopoly market and a new product cycle driving earnings ahead of Street estimates, leading to a positive revision cycle." Bank of America upgrades Five Below to buy from underperform Bank of America says the turnaround is working for Five Below. "We believe FIVE will return to a higher P/E multiple as results continue to improve under new leadership (new CEO Winnie Park joined in Dec. 2024, followed by new CFO Dan Sullivan and Chief Merchant Michelle Israel joining in Oct. 2025), with a return to a focus on Kid's and the Millennial Mom." Read more. BTIG upgrades Cloudflare to buy from neutral The firm says its recent "field checks were consistently strong on multiple fronts." "We are upgrading NET to a Buy rating and introducing a $199 PT. Over the last couple of weeks, we spoke to five partners with a view on $100MM+ in combined annual NET sales."
