Here’s a weekend wrap-up from Wall Street: Raymond James has adjusted its stance on Apple, downgrading the stock from outperform. They suggest that while Apple’s fundamentals are strong and the product cycle is improving, the current valuation seems to reflect these strengths sufficiently, indicating that short-term growth may be limited.
Turning to Barclays, the firm has upgraded Vertiv Holdings from equal weight to overweight. They see a favorable entry point for data center infrastructure companies, raising their EPS estimate and increasing the price target from $181 to $200. Although they’re not the strongest advocates for data center capital expenditure, they feel recent volatility in the stock price presents a good opportunity.
TD Cowen has reiterated its support for NVIDIA, particularly following its agreement with Groq, a company specializing in AI inference chips founded by a former Google engineer. This partnership, they believe, signals a significant shift toward a new processing architecture that will be integrated into NVIDIA’s future plans.
Goldman Sachs has reinstated coverage on Cenovus Energy, highlighting strong growth in free cash flow as a backing for their positive outlook. They expect this growth to continue over the long term.
Loop Capital is optimistic about retail stocks Ollie’s and Warby Parker, stating that both are well-positioned for growth in 2026. Despite Ollie’s underperformance in 2025, they maintain that the financial results were sound. Warby Parker has also seen significant volatility but remains in focus as a worthy investment.
Compass Point is backing Coreweave, placing it on their New Money Top Ideas list for 2026. They believe Coreweave’s demand is solid, supported by long-term contracts and rapid financial growth, viewing the stock’s volatility as an opportunity rather than a drawback.
BTIG is tagging Nike as a prime investment for 2026, recognizing its recovery potential. They acknowledge that while Nike needs to address certain issues, they expect it to make meaningful progress moving forward.
UBS shares a similar sentiment about Under Armor, seeing turnaround potential in the stock as sales growth picks up. Meanwhile, Mizuho has reiterated its coverage on Wayfair, citing benefits from the recent tariff deferral that the Trump administration announced, which offers some breathing space for the company to maneuver pricing and sourcing without immediate margin pressure.
Finally, Jefferies is maintaining a positive stance on Baidu, raising its price target for Chinese internet stocks, anticipating that Baidu’s marketing revenue will become a significant growth driver, fueled by the high returns on investment for advertisers through its paid search model.
