By Michael Bloom
Publication Date: 2026-06-05 12:14:00
Here are Friday’s biggest calls on Wall Street: JPMorgan adds a positive catalyst watch on Qualcomm The firm said its sticking with its neutral rating but is bullish ahead of the company’s investor day. ” Qualcomm is set to host its highly anticipated Investor Day on June 24th, to discuss the next phase of the company’s growth and diversification strategy amidst the rapid evolution of AI.” Bank of America reiterates Nvidia as buy Bank of America said the stock is firing on all cylinders after a meeting with management. “Following ‘GTC Taipei’ CEO keynote on Monday we hosted NVDA CFO Colette Kress for a well-attended keynote on Thursday, and Sr. Director, IR Stewart Stecker for a bus tour investor meeting.” UBS initiates Champion Homes and Cavco as buy UBS said the building companies are well positioned. “We initiate coverage on SKY & CVCO with Buy ratings, as we view both companies as potential beneficiaries of an affordability-challenged and underbuilt housing market that appears to be bottoming and poised to reaccelerate.” Goldman Sachs initiates Concentra as buy Goldman said the occupation health company has “durable growth drivers.” “We initiate coverage on shares of Concentra (CON ) with a Buy rating and a 12‑month price target of $30.” BTIG downgrades Lululemon to hold from buy BTIG said it has “reduced visibility.” “We downgrade LULU t o Neutral from Buy. While Q1 was largely in-line, the decel toward the end of the quarter suggests more work ahead, with Q2 sales…