Here are Friday's biggest analyst calls: Nvidia, SpaceX, Amazon, Intel, Rivian, Coinbase, Reddit, GE Vernova & more
Analysts made several calls on Friday: Jefferies upgraded Rivian to Buy, citing strong order conversion. Morgan Stanley lowered Amazon's price target to $335 but kept it as a Top Pick. Raymond James reiterated Nvidia as Strong Buy. Bank of America removed Apple from its top picks list. Deutsche Bank cut Coinbase's price target to $190 but kept it as Buy.
How this was made
The 30-second read
Why it matters
Collective analyst actions provide a snapshot of near‑term sentiment but lack a single, material catalyst.
Market read
Analyst rating changes can influence short‑term trading, especially for the highlighted stocks.
What to watch
Macro backdrop and upcoming Fed decisions could dominate price action, muting individual analyst calls.
Background
The article compiles analyst rating changes and price target adjustments following recent earnings releases and sector commentary.
Ticker impact
Jefferies upgraded Rivian to Buy after its earnings, citing higher order conversion for the R2 launch.
likely upward pressure as investors price in the upgrade.
Analyst upgrade with a buy rating and positive earnings commentary.
Morgan Stanley kept Amazon overweight but cut its price target to $335 after the earnings release.
possible modest downside as the lower target is incorporated.
Target cut reflects concerns despite overweight stance.
Raymond James reiterated Nvidia as a strong buy, noting AWS continues buying Nvidia systems.
upward pressure from continued demand from AWS.
Strong buy rating with specific demand catalyst.
Bank of America removed Apple from its US1 top‑picks list ahead of its earnings.
potential short‑term pressure as investors reassess outlook.
Negative analyst action without new financial data.
Deutsche Bank cut its price target to $190 from $210 after Coinbase's earnings, rating it a Buy.
slight downside as the lower target is priced in.
Target reduction despite buy rating.
Rosenblatt upgraded Monolithic Power Systems to Buy after a strong earnings beat and design wins.
upward pressure from positive earnings and upgrade.
Buy rating with clear earnings beat.
Oppenheimer upgraded Incyte to Outperform from Perform, citing a robust pipeline.
potential upside as investors price in pipeline strength.
Analyst upgrade based on pipeline, no new data release.
KeyBanc downgraded Reddit from Overweight to Sector Weight, citing slowing user traffic.
downward pressure as traffic concerns are highlighted.
Downgrade based on traffic slowdown.
Market effects
Broad analyst upgrades/downgrades may shift sentiment in consumer discretionary, tech, and industrial sectors.
U.S. equity markets could see modest volatility as multiple large‑cap names receive new ratings.
Limited; primarily affects U.S. listed equities.
Counterpoint
Some upgrades may be premature given limited earnings data; investors could wait for further guidance.
Key entities
- AnalystJefferies
Upgraded Rivian to Buy.
- AnalystMorgan Stanley
Adjusted Amazon and Roblox ratings.
- AnalystBank of America
Adjusted Apple, Intel, and other ratings.
