By Michael Bloom
Publication Date: 2026-06-08 12:23:00
Here are the biggest calls on Wall Street on Monday: Wells Fargo reiterates Micron as overweight Wells raised its price target on the stock ahead of earnings later this month. “Reiterate OW into F3Q26 (6/24); raise est. & PT to $1,220 (was $550), ~9x F2028 EPS. Despite strong stock perf we see continued upside driven by greater confidence in duration of persistent memory tightness, SCA engagements, & MU’s execution.” Bank of America upgrades Brown-Forman to neutral from underperform The firm says it’s getting more “constructive” on the beverage stock. “We are turning more constructive o n Brown Forman, following better than expected Q4/FY26 results and consistent delivery on sales through FY26.” JPMorgan initiates Kontoor Brands as overweight JPMorgan says the stock is at an inflection point. “We are initiating coverage of Kontoor Brands (KTB) with an Overweight rating and $90 December 2027 price target.” Goldman Sachs upgrades W.R. Berkley to buy from neutral Goldman says it sees “sustainable underwriting activity for the insurance company. “… we are upgrading commercial insurer WRB to Buy from Neutral, as we think current underwriting margins and ROE are likely more sustainable than expected.” Canaccord initiates Lantronix as buy Canaccord says shares of the drones company have plenty of room to run. “We are initiating coverage on Lantronix Inc. with a BUY rating and a $10.50 price target.” Bank of America reiterates Apple as buy The firm says it’s bullish on Apple’s…
