By Michael Bloom
Publication Date: 2026-03-09 12:37:00
Here are the biggest calls on Wall Street on Monday: Citigroup reiterates Apple as buy The bank trimmed its second half earnings estimates on the stock, but said it’s sticking with Apple. “While we believe Apple can navigate the memory component price hikes much better than peers, we see incremental pressure on gross margin, and we now estimate 140bps/48bps gross margin headwind in CY26/27 baking in 100% DRAM price hike in 2H 2026 and easing 75% of the impact in CY27.” Deutsche Bank reiterates Oracle as buy Deutsche Bank cut its price target on Oracle to $300 per share from $375 ahead of earnings later this week. “With timelines to resolve many of these concerns extending beyond what can reasonably be answered over the next several quarters this admittedly contributes to a challenging equity narrative.” Citi reiterates Nvidia as buy Citi said Nvidia remains a “core” holding. “Core AI holding on agentic and physical AI.” UBS upgrades PG & E to buy from neutral UBS sees “wildfire risk reduction ahead” for PG & E. “We upgrade to Buy from Neutral as expected improvements in wildfire policy and affordability should drive a re-rating. Anticipated Phase 2 legislation, likely ahead of the July 2 recess, would further reduce utility liability.” UBS initiates SOLV Energy at buy UBS said shares of the energy company are attractive. “We initiate SOLV Energy (MWH) with a Buy and view the stock as attractive, differentiated exposure to the solar and storage value chain.” Morgan Stanley…
:max_bytes(150000):strip_icc()/GettyImages-2202155193-ae40b262860747d8b860cd4a2cc87cac.jpg?ssl=1 "Nvidia Says It Will Make AI Supercomputers in US, With 0B Commitment to AI Infrastructure")