By Michael Bloom
Publication Date: 2026-01-29 13:39:00
Here are the biggest calls on Wall Street on Thursday: Bank of America reiterates IBM as buy Bank of America raised its price target on the stock to $340 per share from $335 following earnings. “IBM reported another overall beat on topline driven by upside in Infrastructure, improving Transaction processing and solid growth in Data.” Bank of America reiterates Meta as buy The firm said Meta earnings show the Instagram parent is firing on all cylinders. “Robust 4Q beat and a notably stronger 1Q outlook.” Read more. Deutsche Bank reiterates Microsoft as buy Deutsche lowered its price target on the stock to $575 per share from $630 and says it’s playing the long game following earnings. “Microsoft reported another solid result for F2Q, but it ultimately fell short of more lofty market expectations, in particular for Azure growth.” BMO downgrades First Solar to market perform from outperform BMO said it’s concerned about competition with Tesla. “The timing, cadence and ultimately how much excess TSLA solar module capacity will have to sell to entities serving load outside of TSLA facilities remains uncertain. However, TSLA’s proven track record to quickly scale up large amounts of clean energy manufacturing capacity in the U.S. increases the risk to FSLR’s competitive positioning.” Morgan Stanley reiterates Tesla as overweight The investment bank lowered its price target to $415 per share from $425 following earnings and said it’s sticking with the stock. “The wind down of…