Here are Thursday's biggest analyst calls: Nvidia, SpaceX, Tesla, Alphabet, Meta, Salesforce, CrowdStrike & more
Analysts made several rating changes: Truist initiated DigitalOcean as buy, citing AI growth; Citi downgraded Abercrombie & Fitch to neutral; Baird upgraded Synopsys to outperform. Other notable moves include upgrades for SQM, Synopsys, Extra Space Storage, and downgrades for Celsius, Regions, and Novo Nordisk. Bank of America reiterated Nvidia as buy, highlighting strong AI growth.
How this was made
The 30-second read
Why it matters
The only clearly decision-grade fundamental datapoint in the text is Nvidia’s cited guidance uplift versus consensus; most other items are rating and target changes with thesis-based rationales.
Market read
Traders can use the NVDA guidance uplift as the main near-term repricing input, while other names are more about sentiment and positioning into upcoming events or longer-dated thesis shifts.
What to watch
Some items hinge on long-dated assumptions (Alphabet 2027, NVO 2032 patent cliff) where near-term trading impact may be limited despite rating changes.
Background
This is a multi-name “biggest analyst calls” roundup, summarizing rating changes and price-target updates from several banks.
Ticker impact
Truist initiated coverage of DigitalOcean as a buy, citing the company’s positioning on the “AI wave” for GPU availability and inference management.
Mild positive bias for DOCN into the next few sessions as traders price in the new Street view.
Analyst initiation plus a thematic catalyst (AI infrastructure) can move price, but the article provides no new company-specific financial datapoint beyond the initiation rationale.
Citi downgraded Abercrombie & Fitch to neutral, arguing risk/reward is balanced after the stock’s +36% move and limited upside to its new $156 target.
Downward or underperforming bias versus peers over the next days as the downgrade narrative spreads.
The article includes a concrete downgrade and target framework tied to the recent price jump, which is actionable for positioning even without new earnings numbers.
Baird upgraded Synopsys to outperform after earnings, citing a return to double-digit organic revenue growth in FY27 and upside to revenue/FCF estimates.
Moderately positive bias for SNPS as traders align with the FY27 growth and cash-flow outlook.
The article provides a clear upgrade rationale and forward-looking growth expectation, but it is still an analyst call rather than a new company disclosure.
Citi upgraded SQM to buy, citing a lithium market deficit likely to persist in 2026 and return to balance in 2027, plus near-term restocking/export front-loading support.
Positive bias for SQM, especially if the market is already trading lithium tightness narratives.
The thesis is specific (deficit through 2026, balance in 2027) and includes a target change, but it remains a sell-side view.
Deutsche Bank downgraded Celsius to hold, saying the company faces a “challenging road to recovery” after prior execution risks became reflected in the share price.
Slight negative bias for CELH as traders reassess recovery timing.
The article includes a clear downgrade and qualitative recovery thesis, but no new operational or guidance datapoint is provided.
Barclays reiterated Tesla as equal weight, arguing its upcoming Cybercab event is “largely overdone” with limited incrementals beyond initial launch of purpose-built AVs.
Neutral-to-slightly negative bias into the event as traders fade hype expectations.
The article provides a concrete stance on incremental impact, but it is still an analyst framing rather than a new Tesla disclosure.
BMO upgraded Extra Space Storage to outperform with a $170 target, citing compelling shares, greater confidence in storage recovery, and declining supply.
Moderately positive bias for EXR as the market re-prices storage recovery expectations.
The target and thesis are explicit, but the article is an analyst call without new company financial results.
Deutsche Bank reiterated Salesforce as buy, saying F2Q showed organic revenue growth has troughed and second-half reacceleration is more clearly in sight.
Positive bias for CRM over coming weeks as investors lean into reacceleration narratives.
The article ties the thesis to a specific quarter’s evidence (F2Q), but it is still mediated through sell-side interpretation.
Market effects
AI infrastructure and semis packaging remain the dominant bullish themes (NVDA guidance uplift, GPU/inference management framing, AMKR packaging complexity).
Primarily US large-cap and mid-cap sentiment; no direct macro release or cross-asset catalyst described.
Lithium cycle and solar competitive narratives (SQM, FSLR) can influence broader materials and clean-energy sentiment.
Counterpoint
Analyst-call roundups can overstate immediacy; without new company disclosures, price moves may fade as traders revert to fundamentals.
Key entities
- equityNvidia
Bank of America reiterates buy and cites significantly higher FY28/CY27 sales growth guidance versus consensus.
- equityMeta
Bank of America reiterates buy and cites an expected ~$10bn 3Q’26 legal expense tied to a teen safety settlement.
- equityCrowdStrike
Citi raises price target to $260 and points to a 9/2 investor briefing.
