Tuesday's Biggest Analyst Calls: NVIDIA, Apple, Meta, Uber, Netflix, Apollo, Datadog & More

Here are the biggest calls on Wall Street on Tuesday:

‍

Stifel Remains Bullish on Nvidia Ahead of Earnings

Stifel reiterated its "Buy" rating for Nvidia as it looks forward to the company’s earnings report scheduled for Wednesday. "Aggregate estimates for fiscal years 2026 and 2027 have been trending higher, and we see a variety of data points justifying these positive revisions. In line with this, we are raising our price target to $180, up from $165," said Stifel analysts.

‍

Morgan Stanley Favors Apple, Microsoft, and Meta

Morgan Stanley reaffirmed "Overweight" ratings for Apple, Microsoft, and Meta. The firm noted a narrowing under-ownership of mega-cap tech stocks in the third quarter but maintained confidence in these leaders. "Microsoft remains the most under-owned mega-cap tech stock, followed by Apple, while Meta continues to be the most over-owned," the firm stated.

‍

Barclays Initiates Okta at Equal Weight

Barclays began coverage of Okta with an "Equal Weight" rating, citing fair valuation for the identity and access management company. "Okta operates in a $20 billion-plus IAM market that’s expanding in the high teens, with market share consolidating," said Barclays.

‍

UBS Upgrades Comfort Systems

UBS upgraded Comfort Systems (FIX) to "Buy" from "Neutral," highlighting strong prospects in manufacturing and data center cooling. "We see cyclical tailwinds in reshoring manufacturing and growth in tech/data centers, which collectively make up 60% of revenue. This supports our forecast for continued double-digit organic growth over the next two years," UBS analysts noted, setting a $525 price target.

‍

Jefferies Reiterates Buy for Uber

Jefferies encouraged investors to "buy the dip" in Uber shares, viewing the recent weakness as an attractive opportunity. "Our analysis shows minimal near-term impact on rideshare services, and we believe robotaxi fleets are better positioned to partner with rideshare platforms," said Jefferies.

‍

UBS Upgrades American Water Works

UBS raised its rating for American Water Works (AWK) to "Buy" from "Neutral," citing confidence in the company’s growth trajectory. "With a $1 billion increase in its capital plan and consistent 8% EPS and dividend growth through 2028, AWK offers stable returns despite challenges like the expiration of certain interest income in 2027," UBS analysts said.

‍

Needham Initiates Joby Aviation as a Buy

Needham initiated coverage of Joby Aviation with a "Buy" rating and an $8 price target, positioning the air taxi firm as a market leader. "Joby is best positioned in the growing air mobility sector," analysts noted.

‍

Piper Sandler Downgrades Kraft Heinz

Piper Sandler downgraded Kraft Heinz to "Neutral" from "Overweight," citing slower-than-expected progress. "Our thesis relied on improved retail momentum, but this catalyst appears to be two to three quarters away from materializing," Piper analysts explained.

‍

Piper Sandler Recommends Apollo Global Management

The firm initiated coverage of Apollo Global Management with an "Overweight" rating, pointing to its strong positioning. "Apollo is at the center of expanding total addressable markets, driven by demographic trends and shifting perceptions of private and public market risks," analysts remarked.

‍

Jefferies Raises Netflix Price Target

Jefferies maintained a "Buy" rating for Netflix while raising its price target to $1,000 per share, up from $800. "The company’s disclosure of 60 million households streaming the Paul-Tyson fight signals a breakthrough for its live events strategy, providing a significant catalyst for ad revenue growth," said Jefferies.

‍

TD Cowen Highlights United Airlines and Datadog

TD Cowen named United Airlines (UAL) a top pick, citing strong domestic share gains, rising corporate traffic, and maturing international routes. "UAL is uniquely positioned among peers with specific tailwinds and favorable industry fundamentals," the firm said. Similarly, Datadog (DDOG) was highlighted as a "Best Idea" for 2025 due to its role as a leading consolidator with opportunities for market share growth and strong free cash flow leverage.

‍

Bank of America Sees Upside for Bank of Nova Scotia

The firm upgraded Bank of Nova Scotia to "Buy" from "Neutral," emphasizing the turnaround under CEO Scott Thomson. "We believe the market undervalues the progress being made to revamp the bank’s operations," analysts said.

‍

Morgan Stanley Positive on WeRide

Morgan Stanley initiated coverage of autonomous driving company WeRide with an "Overweight" rating. "WeRide’s robust order pipeline for robotaxis and robovans, along with expectations for large-scale commercialization by 2026, makes it an attractive investment," the firm noted.

‍

Evercore ISI Upgrades BioNTech

Evercore ISI upgraded BioNTech (BNTX) to "Outperform," citing optimism around its oncology pipeline. "This upgrade reflects a mix of opportunism, value, and compelling fundamentals tied to the company’s diverse and promising oncology initiatives," said Evercore ISI.

‍

JPMorgan Highlights Newmont Mining’s Catalysts

JPMorgan upgraded Newmont Mining to "Overweight" from "Neutral," citing growth potential and undervaluation. "The company boasts a solid track record of organic and inorganic growth, and we see several positive catalysts ahead," JPMorgan analysts explained.

‍