By Michael Bloom
Publication Date: 2026-01-02 13:11:00
Here are Friday’s biggest calls on Wall Street: Raymond James reinstates Apple as market perform The firm resumed coverage of the stock and downgraded it from its prior outperform rating. “Despite strong fundamentals and improving product cycles, we believe Apple’s current valuation appropriately reflects these strengths, limiting near-term upside.” Read more. Barclays upgrades Vertiv Holdings to overweight from equal weight Barclays said it sees a compelling entry point for the data center infrastructure company. “We upgrade our rating on VRT to OW from EW. We raise our EPS estimates, and our Price Target moves to $200 from $181. While we have not been among the Datacenter capex theme’s biggest cheerleaders (they are legion), we think the recent volatility in the stock has created an attractive entry point” TD Cowen reiterates Nvidia as buy TD Cowen said it likes Nvidia’s deal with Groq. “Last week NVIDIA announced a non-exclusive licensing agreement with Groq, an AI inferencing chip company founded by former Google TPU engineers. With the deal, NVIDIA is embracing a fundamentally different processing architecture that we believe will eventually be integrated into its roadmap.” Goldman Sachs reinstates Cenovus Energy as buy Goldman reinstated coverage of the energy stock and said Cenovus has robust free-cash flow growth. “Our positive view is underpinned by our expectation for strong free cash flow growth over the long-term.” Loop reiterates Ollie’s and Warby Parker as…