Here are Thursday's biggest analyst calls: Nvidia, Jersey Mike's, AMD, Meta, Microsoft, Arm, Target, Starbucks & more

Bernstein reiterates Nvidia as outperform, citing AI infrastructure demand from neocloud customers building at scale.

Modest upside bias for near-term sentiment; limited incremental impact unless NVDA is already reacting to other catalysts.

The article provides a rating reiteration and thesis framing, not new earnings, guidance, or a disclosed transaction.

Bernstein reiterates AMD as outperform and Susquehanna raises its AMD price target, expecting better results and DC-driven guidance.

Potential short-term positive drift, especially into the Aug 4 earnings date mentioned.

The text includes a specific PT increase and an earnings timing reference, but no new AMD operational metric is disclosed.

Bank of America reiterates Meta as buy, saying its AI assets are underappreciated after Meta earnings.

Likely limited incremental price impact unless the market is still digesting the earnings details.

The article is a reiteration tied to earnings, without new guidance numbers or fresh company actions.

Bank of America reiterates Microsoft as buy, pointing to 2Q revenue growth of 17% YoY in constant currency and EPS of $4.74.

Supports bullish positioning, but magnitude depends on whether these figures were already widely known from the earnings release.

The article includes specific reported figures, yet it is still an analyst call rather than a new disclosure.

Morgan Stanley reiterates Arm as overweight after Wednesday earnings, citing end-market product pervasiveness and progress on custom silicon.

Moderate positive sentiment effect; likely not a major repricing catalyst alone.

The note is a reiteration with qualitative thesis, not new quantitative guidance or regulatory/product events.

Wells Fargo reiterates Target as overweight and raises its price target to $165 from $140 after a Q2 beat and raise.

Potential upward bias versus peers if traders treat the PT raise as a fresh signal.

There is a specific PT change and cited drivers, but no new Target guidance numbers beyond what is referenced.

Deutsche Bank raises its Starbucks price target to $126 from $120 following earnings, citing beats across the board and guidance raise.

Short-term positive bias, especially if the market is still calibrating turnaround progress.

The article provides a concrete PT change and cited earnings/guidance raise, but no new Starbucks operational data beyond that framing.

Morgan Stanley lowers its Qualcomm price target to $170 from $190 after earnings, citing guidance below and EPS pressure for F2027.

Downward pressure risk, particularly for traders sensitive to forward EPS revisions.

The article includes a specific PT reduction and forward-looking EPS concern, but no new company disclosure beyond the earnings interpretation.