Friday’s Biggest Analyst Calls: Netflix, Nvidia, Apple, Arm, Meta, Amazon, Hasbro, Coinbase, Broadcom, Crowdstrike & More

UBS Upgrades Accenture to Buy

UBS has upgraded Accenture from neutral to buy, citing the potential growth in revenue due to AI advancements. They believe that the market is likely to see an expansion in multiples as it anticipates accelerated revenue growth spurred by AI opportunities.

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UBS Elevates Wolverine World Wide to Buy

UBS has also upgraded Wolverine World Wide from neutral to buy, predicting increased sales growth and improved profit margins for the footwear manufacturer. They have growing confidence in Wolverine's ability to accelerate its sales growth rate.

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JPMorgan Reaffirms Overweight Rating on Netflix

JPMorgan remains confident in Netflix, maintaining its overweight rating following the company's strong second-quarter earnings report. They highlighted Netflix's improved full-year revenue and operating income projections.

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Morgan Stanley Upgrades Arm to Overweight

Morgan Stanley has upgraded Arm from equal weight to overweight, pointing out that Arm's products are essential for the emerging edge AI sector, which includes mobile, automotive, and PC industries. They view Arm as having significant upside potential through custom silicon, new designs, and extensions in the edge AI space.

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Bank of America Reaffirms Buy Rating on Amazon

Bank of America continues to support Amazon with a buy rating after a successful Prime Day event. They noted record-breaking signups for Prime and strong year-over-year growth in gross merchandise volume, aligning with market expectations for the third quarter.

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Bank of America Reiterates Buy Rating on Nvidia

Bank of America maintains its buy rating on Nvidia, emphasizing its position as a leading pick in the AI and cloud sectors. They particularly favor Nvidia alongside Broadcom and Marvell in the networking space.

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Oppenheimer Reiterates Outperform Rating on Meta

Oppenheimer has increased its price target for Meta from $500 to $525 per share, maintaining an outperform rating. They noted that Meta's stock has underperformed the NASDAQ due to various risks, including the potential repeal of the TikTok ban and tariff concerns, but now consider the stock to be de-risked.

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William Blair Initiates Outperform Rating on Trupanion

William Blair has initiated coverage of Trupanion with an outperform rating, expressing bullish sentiment towards the pet health insurance company, which they consider to offer a unique, high-value proposition.

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Needham Reiterates Buy Rating on Coinbase

Needham continues to rate Coinbase as a buy, viewing the potential for a Trump victory as favorable for cryptocurrency regulation and trading volumes. They also see upcoming Ethereum ETFs and Bitcoin's post-halving setup as positive drivers for the stock.

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JPMorgan Downgrades Choice Hotels and Host Hotels

JPMorgan has downgraded both Choice Hotels and Host Hotels from neutral to underweight, labeling them as underperformers. This adjustment is part of JPMorgan's effort to maintain a balanced rating system within their coverage universe.

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Wedbush Initiates Outperform Rating on Canada Goose

Wedbush has begun coverage of Canada Goose with an outperform rating, setting a 12-month price target of $21. They are optimistic about the outerwear company's prospects.

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UBS Upgrades Ameren to Buy

UBS has upgraded Ameren from neutral to buy, arguing that regulatory risks have been overly discounted. They resumed coverage with a buy rating and increased the price target from $81 to $87.

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JPMorgan Upgrades AnaptysBio to Overweight

JPMorgan has upgraded AnaptysBio from neutral to overweight, anticipating a series of positive catalysts for the biotech company. They set a new price target of $69 for December 2025, up from $29 for December 2024.

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Barclays Downgrades Molson Coors to Underweight

Barclays has downgraded Molson Coors from equal weight to underweight, citing considerable downside risk. They noted that within their coverage universe, Molson Coors stands out as having relatively greater downside potential.

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Cantor Fitzgerald Initiates Overweight Rating on Lilium

Cantor Fitzgerald has initiated coverage of Lilium with an overweight rating and a $2 price target. They are optimistic about the electric vertical take-off and landing aircraft company's future.

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Evercore ISI Reiterates Outperform Rating on Apple

Evercore ISI maintains its outperform rating on Apple, bolstered by survey data on iPhone upgrades. They are confident in a prolonged iPhone super cycle and ongoing robust growth in Apple's services business.

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JPMorgan Reaffirms Overweight Rating on Carvana

JPMorgan has raised its price target for Carvana from $150 to $155 per share ahead of the company's July 31 earnings report. They expect Carvana to continue outperforming in terms of market share and margins.

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Melius Reiterates Buy Rating on Broadcom

Melius maintains its buy rating on Broadcom, highlighting the company's AI opportunity as consumer internet giants prepare for clusters based on custom silicon and Ethernet networking.

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Morgan Stanley Reaffirms Overweight Rating on Hasbro

Morgan Stanley remains bullish on Hasbro, particularly its Monopoly Go! game, after analyzing data from Sensor Tower. They believe the market underestimates the game's revenue durability and profitability potential as it matures.

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Goldman Sachs Reiterates Buy Rating on CrowdStrike

Goldman Sachs maintains its buy rating on CrowdStrike following a widespread systems outage. They believe this event highlights the industry's barriers to entry and reinforces the need for top-tier updates, outages, and customer service protocols, which favor larger companies with scale.

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