By Michael Bloom
Publication Date: 2026-01-06 13:48:00
Here are Tuesday’s biggest calls on Wall Street: Evercore ISI reiterates Tesla as in line Evercore says the stock is likely to “see-saw” for the foreseeable future. “For TSLA, who doesn’t guide, the stock is likely a short-term seesaw between lackluster legacy (~$100 of value; ~40c EPS Q4/Q1) vs headline/thematic focus on Austin “driver out.'” Bank of America reiterates Nvidia as buy Bank of America says Nvidia is still a top AI pick following the company’s presentation at the Consumer Electronics Show on Monday. “We continue to highlight NVDA’ s continued dominance in AI compute, networking, system, and ecosystem, trading at just ~19x CY27E PE or in-line with broader SPX despite its superior > 35% EPS CAGR and > 40% FCF.” JPMorgan initiates Parker-Hannifin at overweight JPMorgan says the stock is a “mega cap compounder with industrial strength.” “Lastly, what it lacks in market tailwinds, it has made up for with smart capital allocation, with Parker probably one of the few remaining companies that could be considered a premium “compounder.'” Jefferies upgrades Brunswick to buy from hold Jefferies says the boat company is evolving. “BC has evolved beyond the traditional boat OEM [original equipment manufacturer]. Its pivot toward higher-margin segments (Propulsion – 37% of sales; Parts & Accessories – 35% of sales) and recurring revenue streams (Parts & Accessories + Freedom Boat Club) has structurally improved the biz.” Morgan Stanley initiates Belite Bio at overweight…