By Michael Bloom
Publication Date: 2025-11-24 13:42:00
Here are Monday’s biggest calls on Wall Street: Goldman Sachs initiates Ferrari as buy Goldman said the luxury vehicle company is firing on all cylinders. “We initiate with a Buy rating on Ferrari as we see a large volume of higher-priced Special Series volumes driving ASP growth for the company across 2026/27, paving the way for beats vs. current consensus estimates in terms of margins and EPS.” Bank of America upgrades Creditcorp to buy from neutral Bank of America said it sees an attractive entry point for Peru’s largest financial holding company. “We upgrade Credicorp (BAP) to Buy from Neutral and modestly increase our PO to USD$280 (from US$275) for potential 14% upside (+5% dividend yield).” Goldman Sachs initiates Navan as buy Goldman said the business travel tech company is a share gainer. “We initiate coverage of Navan with a Buy rating and a $29 Price Target.” Bernstein reiterates Nvidia as outperform Bernstein said it’s sticking with Nvidia. “The datacenter opportunity is enormous, and still early, with material upside still possible.” Citi initiates Cadence and Synopsys as buy Citi said both software companies are AI winners. “We are initiating coverage of the Electronic Design Automation (EDA) industry with Buy ratings on both Cadence (CDNS) with a $385 PT and Synopsys (SNPS) with a $580 PT.” Goldman Sachs initiates Jacobs as buy Goldman said it’s very bullish on Jacobs. “We initiate coverage of Jacobs Solutions (J) – a leading Engineering, Design, and…