Here are Tuesday’s biggest calls on Wall Street: Goldman Sachs reiterates Nvidia as buy Goldman Sachs said it is standing by its buy rating after day one of the company’s GTC Conference on Monday. “We reiterate our Buy rating on NVDA (also on the Conviction List) with an updated 12-month price target of $1,000 (up from $875 prior).” Deutsche Bank reiterates Charles Schwab as buy Deutsche Bank raised its price target on the stock to $77 per share from $75. “We continue to expect SCHW to grow EPS by more than 40% in 2025, to record levels, and over 30% in 2026 – thus, our view on the company’s robust earnings rebound as high-cost borrowing is paid down remains well anchored.” Deutsche Bank adds a catalyst call buy on Northern Trust Deutsche Bank said it sees a short-term buy idea for the regional bank. The firm maintained its long-term hold rating. “We are initiating a Buy Catalyst Call on Northern Trust hedged against the S & P 500 Index.” Bernstein reiterates Apple as market perform Bernstein said it is cautious after reports emerged that Apple was in talks to license Google’s Gemini. “We are not surprised that Apple is looking to potentially partner with Google on AI capabilities. Going it alone – or with another partner – would risk a highly profitable and proven revenue stream with Google today.” Barclays upgrades 3M to overweight from equal weight Barclays said its sees a bottoming and a slew of positive catalysts ahead. “We raise our Price Target due to a higher target valuation multiple (to embed the higher potential for margin expansion as a CEO transition looms), and a lower estimate for MMM’s non-debt / environmental liabilities.” Redburn Atlantic Equities downgrades MongoDB and Snowflake to sell from neutral Redburn downgraded the stocks mainly on valuation. ” Snowflake and MongoDB lack a clear Gen-AI advantage, posing a budget reallocation risk that their current valuations do not reflect. Thus, we downgrade both to Sell from Neutral.” Redburn Atlantic Equities upgrades Cooper Companies to buy from neutral Redburn said the ophthalmology and surgical company is well-positioned for share gains. ” Cooper is set for continued share gains in a healthy contact lens market, and we see further benefit from pricing and mix in FY24.” Citi adds Honeywell to the focus list Citi added the stock to its large-cap recommended list. “We are adding Honeywell International Inc (HON) to our US Large Cap Recommended List, replacing Union Pacific Corp (UNP).”…
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