By Michael Bloom
Publication Date: 2026-05-04 12:19:00
Here are the biggest calls on Wall Street on Monday: Bernstein reiterates Apple as outperform The firm raised its price target on the stock to $350 per share from $340. “Apple’s FQ2’26 results and FQ3 was strong across the board. Revenue grew 17% you in FQ2 and was guided to grow another 14-17% in FQ3. Gross margins also beat expectations at 49.3% for FQ2 and guided to 48% for FQ3.” Goldman Sachs upgrades KE Holdings to buy from neutral Goldman says the China real estate company has an “attractive re-entry point.” “We believe the share price movement post the recent peak at end-Jan provides investors with an attractive re-entry point into KE Holdings.” William Blair initiates Suncrete as outperform William Blair says the concrete building materials company has plenty more room to run. “Suncrete is a rollup in the ready-mix concrete distribution market, targeting fast-growing Sunbelt metro areas.” HSBC downgrades Palantir to hold from buy HSBC says it’s concerned about rising competition fo r Palantir. “The success is inviting similar approaches by competitors like OpenAI. Moreover, with the proliferation of agentic frameworks and model context protocol (MCP) servers, we think the company’s traditional barriers to entry are starting to erode.” HSBC downgrades Advanced Micro Devices to hold from buy The firm says it sees limited upside for AMD. “We downgrade our rating to Hold as the stock has already significantly re-rated from trading at a 19x 2027e PE multiple to a 33x…
