Here are the biggest calls on Wall Street on Wednesday: Bernstein reiterates Nvidia as outperform Bernstein said it’s sticking with its outperform rating on the stock. ” NVDA (OP, $1300): The datacenter opportunity is enormous, and still early, with material upside still possible.” Argus upgrades Berkshire Hathaway to buy from hold Argus said it’s getting bullish on shares of Warren Buffett’s multinational conglomerate. “We have a positive view of the conglomerate nature of Berkshire, whose stock returns have doubled those of the S & P 500 since 1965 (compound annual growth of 19.8% versus 10.2% for the index). However, we note that Berkshire’s revenues are economically sensitive, and often expand or contract along with the U.S. economy.” UBS reiterates Fluence as buy UBS said the energy company is an artificial intelligence data center beneficiary. “In our view, FLNC is an under-appreciated beneficiary of increasing AI data center driven electricity demand as a leading supplier of utility-scale battery systems.” UBS reiterates First Solar as buy UBS raised its price target on First Solar to $350 per share from $270. “The PT change is driven by our greater confidence in underlying utility-scale projects demand driven by corporate ‘100% renewable’ demand and recent positive news on U.S. import tariffs.” Citi upgrades Liberty Energy to buy from neutral Citi said it’s bullish on shares of the energy company. “We upgrade LBRT to Buy and raise our target price to $32. LBRT has been an outperformer within OFS [oil field services] over the past year as fears toward margin compression proved overblown.” Jefferies upgrades United Airlines to buy from hold Jefferies said it likes United Airlines ‘ differentiated product offering. “Upgrade to Buy: Uniting Durable FCF w/ What’s Next in a Wealth Creation Oppty.” Jefferies downgrades American Airlines to hold from buy Jefferies said it’s concerned that American Airlines ‘ strategy is taking too long to execute. “Downgrade to Hold: Not All Sunshine & Rainbows in the Sun Belt & El Paso.” Bank of America reiterates Apple as buy Bank of America said it’s bullish on top pick Apple and its entry into iPhones with AI. “We view the upcoming AI enabled phones (IntelliPhones) to drive a multi-year upgrade cycle similar to the step function improvement driven by the introduction of smartphones.” TD Cowen initiates Medpace as buy TD Cowen said it sees “outsized growth” for the clinical research organization. “We initiate MEDP…
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