Here are Tuesday’s biggest calls on Wall Street: Deutsche Bank upgrades Li Auto to buy from hold Deutsche said shares of the Chinese auto company are compelling. “Following the stock’s 32% decline since late November we upgrade Li Auto from Hold to Buy, seeing a compelling set-up in the coming quarters driven by a robust product pipeline, further supported by an attractive valuation for a top tier EV player.” BTIG downgrades McDonald’s to neutral from buy BTIG downgraded McDonald’s after its earnings report Monday. “Downgrading to Neutral; Expect More Modest Growth in Near-Future as Discounting Intensifies and Middle East Conflict Weighs on Sales.” Deutsche Bank initiates Flywire as buy Deutsche said it sees an attractive entry point for the payments company. ” FLYW is a leading global payments company that has developed a proprietary payments platform, global payments network, and vertical-specific software solutions to facilitate high value, high stake payments across the Education, Healthcare, and Travel industries as well as in key B2B vertical markets.” Wedbush upgrades Varonis to outperform from neutral Wedbush upgraded the security software company and said it sees AI tailwinds. “We are upgrading VRNS to OUTPERFORM from NEUTRAL on the heels of another strong quarter with further evidence the model transition is hitting its next gear of growth and also the AI Revolution will give VRNS a clear tailwind over the next 12 to 18 months in our view.” Rosenblatt initiates Sprinklr as buy Rosenblatt initiated the customer experience platform software company and said it sees upside. “We are initiating coverage of Sprinklr with a Buy rating and a $16 price target. The company’s AI-powered Unified-CXM platform unlocks powerful customer insights, enabling real-time engagement across 30+ digital channels.” UBS upgrades UPS to buy from neutral UBS said in its upgrade of the stock that it sees “attractive EPS growth.” “We are upgrading UPS to Buy from Neutral because we expect management to deliver a strong cost reduction program to support margin expansion and attractive EPS growth despite facing a backdrop of muted revenue growth.” Deutsche Bank reiterates Disney as buy Deutsche said it’s sticking with its buy rating on Disney heading into earnings on Wednesday. “Our estimates, at a Consolidated OI [operating income] level, are essentially unchanged for F1Q, F2Q, and F4Q; while F3Q is 4% below our previous estimate. Bernstein reiterates Tesla as underperform…
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