Monday Biggest Analyst Calls: Nvidia, Tesla, Apple, Micron, Walmart, Lululemon & More

Here are Monday’s biggest calls on Wall Street:

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Goldman Sachs Starts Coverage on eToro With a Buy Rating
Goldman Sachs began coverage of financial services firm eToro with a “Buy” recommendation, citing the company’s unique positioning in the European retail brokerage landscape. Analysts noted that eToro stands out due to its broad product offerings—spanning equities, forex, commodities, and cryptocurrencies—and its reach across multiple European countries. They emphasized the firm’s use of technology as a key differentiator from competitors.

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Morgan Stanley Lowers Rating on Lululemon
Morgan Stanley downgraded Lululemon to “Equal Weight” from “Overweight,” pointing to several concerning factors. Analysts expressed diminished confidence in the potential for growth in the American market, saying that until key performance metrics consistently improve, the stock may struggle. With current valuations considered fair and medium-term expectations high, they see limited near-term upside.

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Goldman Sachs Downgrades Conagra and General Mills
Goldman Sachs also made moves in the consumer goods space, downgrading Conagra to “Sell” from “Neutral” and General Mills to “Neutral” from “Buy.” The firm believes both companies face growth obstacles and sees limited room for their stocks to rise. Goldman also reaffirmed its “Sell” rating on Kraft Heinz, citing similar headwinds.

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Morgan Stanley Rates Centene as Overweight
Morgan Stanley gave healthcare company Centene a boost by initiating coverage with an “Overweight” rating. Analysts argued that while Medicaid-related policy risks still loom, Centene’s stock has already priced in much of the negative sentiment, and current valuations appear to reflect a worst-case scenario.

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Baird Cuts Tesla to Neutral
Baird reduced Tesla’s rating to “Neutral” from “Outperform,” warning that investor optimism around upcoming products—like a more affordable EV and robotaxis—may be overdone. Analysts said that CEO Elon Musk’s comments about scaling the robotaxi fleet sounded too ambitious and that recent gains in Tesla’s stock may already account for this hype.

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UBS Keeps Apple at Neutral Amid Declining iPhone Interest
UBS reiterated a “Neutral” stance on Apple, citing weakening interest in iPhones across key markets. Their latest survey showed U.S. purchase intent fell to 17%, the lowest in five years, while interest in China dropped from 22% to 16%. Only Japan saw a rise in buyer interest year-over-year.

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Citi Reiterates Buy on Micron
Citi maintained its “Buy” rating on Micron ahead of its upcoming earnings report. The bank raised its price target to $130 from $110, saying its forecasted earnings for fiscal 2026 are 16% above the consensus. Analysts remain confident in the stock’s longer-term potential.

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Morgan Stanley Downgrades McDonald’s
McDonald’s also received a downgrade from Morgan Stanley, moving from “Overweight” to “Equal Weight.” Analysts believe the fast-food giant is not immune to structural industry pressures. Given the stock’s current valuation, they see limited upside from here.

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Piper Sandler Starts Crescent Energy at Overweight
Piper Sandler initiated coverage of Crescent Energy with an “Overweight” rating and a $14 price target. The firm believes the company is well-positioned within the energy sector.

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Citi Lowers Interactive Brokers to Neutral
Citi downgraded Interactive Brokers to “Neutral” from “Buy,” citing a more balanced risk/reward profile. While the firm still praises its global reach, strong profitability, and clean balance sheet, it prefers to wait for a better entry point.

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Redburn Atlantic Cuts Robinhood to Sell, Upgrades LPL Financial
Redburn downgraded Robinhood to “Sell” due to concerns about revenue consistency and valuation. Meanwhile, it upgraded LPL Financial to “Buy,” calling its position in fast-growing independent financial advisory channels compelling at current prices.

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Goldman Sachs Cuts Mobileye to Neutral
Mobileye received a downgrade from Goldman Sachs, shifting from “Buy” to “Neutral.” The firm cited concerns about growing competition, potential risks to long-term earnings forecasts, and the stock trading close to their $17 price target.

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Jefferies Upgrades Quaker Houghton
Jefferies lifted Quaker Houghton to “Buy” from “Hold,” noting improved margins and a strong return on capital. Despite challenging market conditions, the company is seen as a value opportunity given its free cash flow yield and reduced enterprise value.

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Cantor Fitzgerald Maintains Overweight on Nvidia
Cantor Fitzgerald continues to favor Nvidia, reiterating its “Overweight” rating ahead of the company's Global Tech Conference in Paris. They expect updates centered on Industrial AI to emerge from the event.

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UBS Upgrades ABM Industries
UBS upgraded ABM Industries to “Buy,” citing stronger demand trends and assigning a $54 price target. The facilities management firm is seen as well-positioned moving forward.

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Mizuho Picks Walmart as a Top Investment Idea
Mizuho raised its price target for Walmart from $105 to $115, noting that the retailer’s transformation into a tech-forward company is bearing fruit. With U.S. e-commerce revenue set to surpass $100 billion, Walmart is closing in on Amazon’s lead.

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Williams Trading Lifts Steven Madden to Buy
Steven Madden earned an upgrade from “Hold” to “Buy” by Williams Trading. Analysts cited improving footwear trends, especially in women’s dress shoes and western styles, as reasons for optimism.

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Morgan Stanley Reaffirms Bullish Stance on AppLovin
Morgan Stanley reiterated its “Overweight” rating on AppLovin and increased the stock’s price target to $460 from $420. Analysts see value in the company’s decision to potentially divest its apps segment.

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Barclays Starts Ryder Systems at Overweight
Barclays initiated coverage of Ryder Systems with an “Overweight” rating and a $190 price target. The firm praised the company’s flexible asset base and revised focus on transportation services.

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D.A. Davidson Upgrades Fifth Third Bancorp
Lastly, D.A. Davidson upgraded Fifth Third to “Buy” from “Neutral,” calling it a “high-quality” regional bank. They noted improving business sentiment and the possibility of better-than-expected loan growth ahead.

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