Here are the biggest calls on Wall Street on Thursday: Bank of America reiterates Nvidia as buy Bank of America raised its price target on the AI chipmaker to $300 from $275 following its earnings. The bank also says the stock remains a top pick. "Our positive view o n Nvidia is based on its underappreciated transformation from a traditional PC graphics chip vendor, into a supplier into high-end gaming, enterprise graphics, cloud, accelerated computing and automotive markets." Read more. Morgan Stanley reiterates Snowflake as overweight The investment bank lowered its price target on the cloud-based data platform to $245 per share from $270 following earnings but says it's sticking with it. "On Balance, Q4 Results Point to a Healthy Demand Environment for Snowflake." JPMorgan reiterates Salesforce as overweight JPMorgan lowered its price target on Salesforce to $320 per share from $365 following earnings on Wednesday. "Salesforce stands out from almost any pack as the pioneering trailblazer of the cloud computing movement, and it has become a true multi-product success story as it now rides atop multiple product pillars of substantial scale and trajectory." Citizens downgrades C3.ai to market perform from market outperform The firm downgraded the AI company following earnings. "We are downgrading C3.ai to Market Perform from Market Outperform after the company announced very disappointing F3Q26 results..." Oppenheimer reiterates Broadcom as outperform Oppenheimer says it's bullish ahead of Broadcom earnings next week. "We see upside to Street's F1Q (Jan) sales/ EPS $19.2B/$2.02 and F2Q (Apr) $20.4B/$2.15 estimates, led by AI. AI-related sales accelerating." Wells Fargo upgrades Alcon to overweight from equal weight Wells Fargo says it sees potential upside from the ophthalmology company. "We are upgrading ALC shares to OW from EW to reflect potential upside to 2026 guidance, largely driven by new product cycle that's starting to positively impact growth. Raise our PT to $97 (from $88) based on ~25x our 2027E EPS of $3.85." JPMorgan reiterates Apple as overweight JPMorgan says Apple has an advantage in the personal AI companion space. "In our view, launch of personalized Siri to enable services to maintain conversational context on the AI Companions will play a major role in determining the likelihood of success for Apple in relation to planned AI Companions, including integration with applications relative to its multimodal inputs across voice, text and images." William Blair initiates Builders FirstSource at outperform William Blair says it sees a compelling risk/reward for Builders FirstSource . "Best-in-class building-products distributor focused on new residential markets." H.C. Wainwright & Co upgrades Joby to buy from neutral The firm says it sees positive catalysts ahead for the eVTOL company. "We are upgrading JOBY to Buy from Neutral, with an $18.00 PT. Our upgrade is predicated on: (1) continued progress with certification milestones that are now in the final stages of completion (FAA conforming aircraft getting ready to fly); (2) manufacturing preparedness to ramp eVTOL production (plans to double production capacity in 2027 to four aircraft per month)..." Loop downgrades Trade Desk to hold from buy Loop downgraded the stock following earnings, citing a lack of "visibility." "The Trade Desk reported a beat-and-lower result for 4Q. Revenue growth outlook of ~10% in 1Q with 500bps of YoY margin compression was disappointing." Truist upgrades U.S. Bancorp to buy from hold Truist says it sees an attractive risk/reward for the Minneapolis-based super regional bank. "USB should print accelerating NII [net interest income] growth throughout 2026 as loan pipelines materialize and fixed rate asset repricing + card loan growth drive NIM [net interest margin] expansion." TD Cowen upgrades Nasdaq to buy from hold The investment bank is more constructive on the stock exchange owner following its investor day on Wednesday. "We upgrade NDAQ to Buy; raise our '26-27E adj. EPS & lift our 12M PT $1 to $106. Our actions follow greater confidence in the durability of the platform, particularly in FinTech, following '26 Investor Day."
