Here Are Thursday's Biggest Analyst Calls: Nvidia, Costco, Apple, Snowflake, Meta, Nike, Disney, Airbnb & More

Here are the notable calls from Thursday on Wall Street:

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Evercore ISI reaffirmed its bullish outlook on Amazon, anticipating potential multiple re-rating in 2024.

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Goldman Sachs reiterated its buy rating on Alphabet following positive announcements at the Google Cloud Next event.

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JPMorgan maintained its overweight rating on Apple despite lowering its price target, citing improving sentiment among hedge fund investors.

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Benchmark initiated coverage on Airbnb with a buy rating, highlighting the company's leading position in its industry.

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Berenberg upgraded Albemarle to buy, foreseeing upside in lithium prices.

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TD Cowen initiated coverage on Visa and Mastercard, both with outperform ratings, emphasizing their strong positions in the global payments market.

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Oppenheimer initiated coverage on Lavoro with an outperform rating, expressing optimism about the Latin American agriculture company.

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KeyBanc initiated coverage on Snowflake with a buy rating, recognizing its leadership in the cloud data platform space.

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Barclays initiated coverage on Nasdaq with an overweight rating, expecting double-digit earnings growth for the index company.

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Raymond James reiterated its strong buy rating on Nvidia, raising its price target following investor meetings.

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UBS upgraded Gartner to buy, citing potential margin upside for the IT company.

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JPMorgan upgraded StepStone to overweight, anticipating improved fundraising prospects for the job platform company.

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Deutsche Bank initiated coverage on ATI as buy, highlighting its high-quality profile within the aerospace sector.

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Wells Fargo initiated coverage on AnaptysBio as overweight, expressing optimism about the biotech company's prospects.

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Morgan Stanley reiterated its overweight rating on Microsoft, raising its price target due to the company's strong growth drivers.

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MoffettNathanson upgraded DoorDash to buy, acknowledging their previous misjudgment and emphasizing the company's long-term growth potential.

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Barclays upgraded Atlassian to overweight, expecting a healthier growth trajectory for the software company.

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Bank of America upgraded Nike to buy, noting the company's improving estimates and transformative initiatives.

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Citi downgraded Robinhood to sell, citing valuation concerns.

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Wells Fargo downgraded Marsh McClennan to equal weight, anticipating slowing growth for the insurance company.

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JPMorgan added Qualcomm to its Negative Catalyst Watch, awaiting improvements in smartphone market fundamentals.

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Bernstein initiated coverage on Kenvue as underperform, citing market share losses in the consumer health sector.

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Needham downgraded Airbnb to hold, citing challenges ahead for the stock.

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Scotiabank upgraded Chevron to sector outperform, expecting favorable macroeconomic conditions for the oil and gas giant.

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Wells Fargo upgraded Hamilton Insurance to overweight, considering the company's undervaluation.

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Piper Sandler reiterated its overweight rating on Meta with an increased price target, anticipating further upside.

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Lastly, Wells Fargo reiterated its equal weight rating on Costco, acknowledging its robust sales performance but expressing concerns about valuation.

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