By Michael Bloom
Publication Date: 2026-03-19 12:21:00
Here are Thursday’s biggest calls on Wall Street: Bernstein reiterates Apple as outperform Bernstein said it’s sticking with shares of Apple. “We view Apple’s recent product launches as a deliberate strategy to widen the portfolio’s price bands to opportunistically gain share in the low(er) end, while raising prices at the high end to maintain margins there.” Bank of America reiterates Micron as buy Bank of America said it sees “stronger pricing for longer” following the company’s earnings report on Wednesday. “Reiterate Buy and raise PO to $500 (vs. $400) following MU’ s view of a durable memory cycle that lasts into CY27E at the earliest.” Read more. Guggenheim initiates ADP as buy Guggenheim said the company has “payroll defensibility.” “We are initiating coverage of Automatic Data Processing, Inc. (ADP) with a Buy rating and a $270 price target.” Baird reiterates Tesla as outperform Baird said the stock is in a “lull” right now. ” TSLA shares have traded down ~5% over the last month amidst a tumultuous market backdrop and several headlines regarding developments at Musk’s other companies. TSLA is entering a pivotal time over the next 18 months as it scales Robotaxi service with a soon-to-be introduced Cybercab at the same time as ramping mass production of its Optimus humanoid. We want to own the stock over this pivotal timeframe. UBS upgrades Nu Holdings to buy from neutral UBS said the LatAm digital banking platform is too attractive to ignore. “We upgrade Nu t o…