By Michael Bloom
Publication Date: 2026-10-29 12:08:00
Here are Thursday’s biggest calls on Wall Street: Bank of America reiterates Microsoft as buy The firm raised its price target to $630 per share from $600 following earnings on Wednesday. “Microsoft delivered strong 1Q27 results, with the focal point being Azure growth of 48% YoY cc, ~300bps above expectations, and 2Q guidance of 49-50% vs. Street’s 45%.” Goldman Sachs reiterates ServiceNow as buy Goldman said it’s sticking with the stock following earnings on Wednesday. “We believe a durable rerating will hinge on evidence that ServiceNow can convert its role in the enterprise AI stack into incremental revenue growth, with stabilization in organic growth and upward estimate revisions serving as the clearest proof points.” Morgan Stanley names Carvana a top pick Morgan Stanley named the company a top idea following earnings. “We move CVNA to Top Pick on improving growth visibility, an attractive setup, and compelling risk/reward. PT unchanged at $88.” William Blair initiates Chevron as outperform William Blair said the oil and gas company has plenty of upside. ” Chevron has assembled a differentiated upstream and downstream portfolio, which when combined with notable cash margins results in continued record earnings and FCF.” Goldman Sachs reiterates Apple as buy Goldman said it likes Apple’s latest product announcements. “New MacBook, iMac, and iPad models featuring next-generation M6 and A20 Pro processors, alongside recent broad-based price increases across the…
