By Michael Bloom
Publication Date: 2026-04-13 12:24:00
Here are the biggest calls on Wall Street on Monday: Wells Fargo reiterates Tesla as underweight The firm says it’s sticking with its underweight rating on Tesla ahead of earnings next week. “With limited Robotaxi & Optimus progress, we see pivot to Semi, Roadster, solar & semi fab. We stay UW.” KeyBanc reiterates Nvidia as overweight KeyBanc says it’s bullish on the stock ahead of earnings later this quarter. “We expect NVDA to deliver higher results and higher guidance, driven by accelerating AI demand while incremental supply commitments support LT growth.” Jefferies upgrades Starbucks to hold from sell Jefferies says the U.S. is stabilizing. “While SBUX continues to trade at a large premium valuation we find unwarranted, we upgrade our rating from Underperform to Hold with expectations/ests finally closer to realistic levels.” Bank of America upgrades On Semi to buy from neutral The firm says its upgrade is “early” but that the stock is too attractive to ignore. “Upgrade ON to Buy; raise estimates/PO to $85. The slow auto/EV environment makes our ON upgrade potentially a tad early, but we like the company’s 1) pipeline (rising AI power, Treo products), 2) solid FCF generation (~6% FCF yield)…” Oppenheimer upgrades Blackstone to outperform from perform Oppenheimer says the stock is “very attractive.” “We are upgrading BX to Outperform (from Perform) with a target of $154 because even on the lowered target multiple, the stock is now very attractive.” Goldman Sachs…
