By Michael Bloom
Publication Date: 2025-12-01 13:22:00
Here are Monday’s biggest calls on Wall Street. BMO upgrades Old Dominion to outperform from market perform BMO said the freight company is “disciplined.” “While the prolonged freight recession has weighed on the results and share price, ODFL has remained disciplined, executing its proven playbook: maintaining industry-leading service levels, strong pricing power, and ample capacity to capture recovery.” Guggenheim reiterates Alphabet as buy Guggenheim raised its price target on the stock to $375 per share from $330. “Our increased confidence stems from three key developments: (1) exceptional cloud backlog growth supported by surging enterprise AI demand, (2) YouTube’s sustained dominance in streaming viewership with improving monetization dynamics, and (3) Google Gemini’s emergence as a leading AI platform with rapidly growing adoption metrics.” Read more. Bank of America initiates WeRide as buy Bank of America said the China robotaxi company is well positioned. “We expect WeRide to ramp up its fleet size and turn profitable in 2029, driven by (1) a broader overseas rollout of robotaxi services, supported by partnerships and first-mover advantages; (2) improving profitability of robotaxi in China market, thanks to better economies of scale; (3) ramp up of robobuses, robovans and robosweepers business, leveraging the WeRide One platform.” Goldman Sachs upgrades Chime Financial to buy from neutral Goldman said investors should buy the dip in the financial services company….
