Banks, Nvidia, and Starbucks: Top 10 list of stocks to watch on Monday

1. To start the week, Wall Street is stable ahead of Wednesday's interest rate decision by the Fed. As policymakers watch the unfolding banking struggles, the market expects a quarter-point rate hike about 60% of the time. Our two preferred Fed scenarios are listed below. There is a relatively flat opening for the Dow, the S&P 500, and the Nasdaq.

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2. Stocks climbed off their early lows throughout the morning, indicating a positive sentiment in European markets. In a deal facilitated by Swiss authorities and regulators, UBS (UBS) agreed to purchase Credit Suisse (CS) for $3.2 billion. A joint liquidity operation was set up by the Fed and other central banks on Sunday.

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3. In a letter to regulators, the Mid-Size Bank Coalition of America requested that FDIC insurance be extended to all deposits for a period of two years. We don't understand why the FDIC won't insure all deposits. The confidence in the crisis needs to be eased.

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4. It is still necessary to pick and choose when it comes to regional banks, which still face a great deal of uncertainty. S&P downgraded First Republic's credit rating to B+ from BB+ premarket. A buy rating has been assigned to New York Community Bancorp (NYCB) by Wedbush and KBW. Most deposits and loans of failed Signature Bank were purchased by NYCB from the FDIC.

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5. A Bernstein analyst upgraded PepsiCo (PEP) from underperform to market perform (hold from sell). According to analysts, the beverage and snack company has surpassed expectations over the past two years in terms of category growth. 

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6. In advance of this week's GTC developers event, Baird raised Nvidia's price target to $300 per share from $230. Analysts add NVDA to their Fresh Pick Bullish list but keep it neutral (hold) because of China's data center GPU inventory and valuation concerns.

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7. Deutsche Bank names Carnival (CCL) a Catalyst Call Buy Idea. Due to weak sentiment and a low bar for the full year, analysts expect the cruise line's March 27 earnings report to drive a positive reaction in the stock.  

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8. A new CEO is taking over at Starbucks (SBUX) a couple of weeks sooner than expected on Monday. The coffee giant's third term as CEO ends with Narasimhan's appointment.

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9. In addition to Dow Inc. (DOW), LyondellBasell (LYB) also achieves a buy rating at Deutsche Bank.

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10. In its coverage universe, Deutsche Bank upgraded Kimberly-Clark (KMB) and Conagra (CAG) to hold from sell, but lowered price targets due to higher discount rates across many. Constellation Brands (STZ) remains a hold, while Procter & Gamble (PG) is a buy.