Here are Friday’s biggest calls on Wall Street: Bank of America reiterates Meta as buy Bank of America said it’s bullish on Meta adding the Broadcom CEO to its board of directors. “On February 14, Meta announced that it has added Broadcom CEO Hock Tan to its board of directors.” Bank of America reiterates Nvidia as buy Bank of America said it’s standing by the stock heading into earnings next week but that a pullback is possible. “We reiterate Buy/top pick ahead of NVDA Feb-21 earnings but won’t be surprised to see a notable but brief pullback after the recent parabolic run-up in the stock.” Goldman Sachs upgrades Informatica to buy from neutral Goldman said it’s getting bullish on shares of the software company. “While Informatica has performed well in the LTM [last 12 months] at least partially attributed to its consistent execution against Cloud ARR [annual recurring revenue] targets despite broader weakness in the IT spending environment in the last 18-months along with strong operational discipline we see scope for further re-rating in CY24 to better align with similar revenue and FCF growth companies over the next 2-3 years.” TD Cowen upgrades GCM Grosvenor to outperform from market perform TD said in its upgrade of GCM that the alternative investment company is too attractive to ignore. “Upgrade Thesis – Centers on favorable inflection on number of key fundamentals plus compelling risk-adjusted valuation, even after layering in particularly conservative assumptions.” KBW upgrades Coinbase to market perform from underperform KBW upgraded Coinbase after its earnings report on Thursday. “Solid revenue beat in the quarter on retail engagement ultimately being much stronger than expected towards year-end.” BMO names Trade Desk a top pick BMO said the ad tech company’s earnings report should “silence the bears.” “This is a quarter/outlook to silence the bears. TTD is best positioned against two digital ad sector mega-trends in 2024: 1) third-party ad cookie deprecation in Google Chrome and 2) capturing a surge of ad dollars related to the U.S. presidential election.” Baird upgrades UPS to outperform from neutral Baird said in its upgrade of UPS that the risk/reward is too attractive to ignore. “Consistent with this view and following the most recent pullback, we are upgrading UPS to Outperform and like the risk/reward.” JPMorgan initiates Mister Car Wash as equal weight JPMorgan initiated the car wash company with a neutral mainly on valuation. “We…
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