Here are Thursday's biggest analyst calls: Nvidia, Apple, SpaceX, Blackrock, Cintas, Amazon, JPMorgan & more
Wall Street analyst actions on Thursday included JPMorgan upgrading BlackRock to overweight, raising its Dec-2026 price target to $1,364, and increasing 2026-2027 estimates. JPMorgan reiterated JPMorgan as buy with a $420 target. Other calls covered Amazon (overweight, $335 target), Nvidia (Seaport sell), Apple (outperform), and multiple initiations or rating changes across semis, telecom, and retail.
How this was made
The 30-second read
Why it matters
The actionable element is the set of rating changes and target revisions, which can shift near-term positioning and relative performance, but the article does not introduce new company fundamentals beyond what is already referenced (for example, “following earnings on Wednesday”).
Market read
Useful for traders tracking sentiment shifts and relative-value positioning across large-cap, semis, and AI infrastructure names, but it is not a single-company breaking-news catalyst.
What to watch
Several theses hinge on assumptions not evidenced in the article (rates for RKT, customer affordability for NVDA, recovery visibility for LULU). Traders should verify whether any company-specific datapoints were actually released beyond the referenced earnings/guidance.
Background
This is a multi-name Wall Street analyst-call roundup, summarizing rating changes and price-target updates from multiple firms.
Ticker impact
JPMorgan upgraded BlackRock to overweight from equal weight after earnings, raising 2026-2027 estimates and a Dec-2026 price target to $1,364.
Moderately positive bias for BLK over the next days to weeks as positioning adjusts to the new target.
The article provides a specific rating change, explicit target, and a clear thesis tied to earnings growth and catch-up potential.
Raymond James upgraded AeroVironment to Outperform from Market Perform and set a $210 price target after a sharp share decline and EBITDA estimate resets.
Likely supportive for AVAV in the near term, though magnitude depends on how much the market already priced the EBITDA resets.
The text includes a concrete rating change, target, and quantitative context (shares down 55% since March) that can influence sentiment.
Bank of America reiterated JPMorgan as buy and raised its price target to $420 from $408, citing best-of-breed trading at a negligible P/E premium.
Mild-to-moderate positive drift for JPM as the market digests the higher target.
The article gives a specific target change and valuation framing, but it is still an analyst call rather than a new fundamental print.
Morgan Stanley upgraded Rocket Companies to overweight from equal weight, pointing to valuation discounts higher-for-longer and a path to normalized EPS.
Moderately positive near-term bias for RKT, conditional on the rate-rise caveat.
The thesis is specific (valuation and EPS path) and includes a target roll to $19 for 2028E EPS normalization.
Benchmark initiated coverage of Synopsys with a Buy rating and a $570 price target, citing positive catalysts ahead.
Potentially positive reaction for SNPS as the market incorporates the initiation target.
The article provides rating and target but limited detail on the specific catalysts beyond a general statement.
KeyBanc reiterated Amazon as overweight and raised its price target to $335 from $330, citing strong retail trends and an AWS inflection.
Slightly positive near-to-medium term bias for AMZN as the new target reinforces the bull case.
The article includes a concrete target change and a multi-part thesis (retail strength, AWS inflecting) that can influence positioning.
Benchmark initiated Cadence Design Systems with a Buy rating and a $450 price target, arguing the semis tech company has upside.
Moderately positive bias for CDNS over coming sessions as the initiation gains attention.
The body states rating and target but provides limited catalyst specifics.
Stifel initiated EyePoint with a Buy rating and a $40 price target, describing a robust pipeline.
Small-to-moderate positive near-term bias for EYPT.
The article includes rating and target but lacks the pipeline milestones that would drive higher confidence.
Market effects
Read-across across semis design software (SNPS, CDNS), data center infrastructure (VRT), and AI hardware ecosystem sentiment (NVDA-related cooling/power).
SK Telecom upgrade reflects Asia telecom positioning tied to broader AI-related trade narratives.
Broad Wall Street coverage across US large-cap, semis, and select global names can influence cross-sector risk appetite, but without new macro/regulatory prints.
Counterpoint
Analyst calls can be crowded and may not translate into sustained price moves if the underlying fundamentals are unchanged; some targets may be more narrative than catalyst-driven.
Key entities
- companyBlackRock
Upgraded by JPMorgan with higher estimates and a raised Dec-2026 price target.
- companyAeroVironment
Upgraded by Raymond James to Outperform with a $210 price target.
- companyAmazon
KeyBanc raised its price target to $335 and reiterated overweight on retail strength and AWS inflection.
- companyNvidia
Seaport reiterated a sell, citing pricing increases and increased financing/backstop support.
- companyApple
Evercore reiterated outperform ahead of earnings, citing iPhone 17 momentum and GM trough timing.
