By Michael Bloom
Publication Date: 2025-11-12 13:22:00
Here are Wednesday’s biggest calls on Wall Street: KeyBanc upgrades AT & T to overweight from sector weight KeyBanc said investors should buy the dip. “We upgrade AT & T to OW with a $30 PT.” Read more. Barclays initiates Carvana as overweight Barclays is bullish on the used car company. “However, we believe CVNA is well-positioned to outpace the market given its investments to make buying online easier and more convenient (i.e., same or next-day delivery), streamline sourcing and logistics, and aggressive vehicle procurement.” Deutsche Bank upgrades Sea Ltd to buy from hold Deutsche upgraded the Singapore tech conglomerate following earnings. “SEA had another strong quarter for revenue, which rose 38%, however profit was unable to hold recent highs, due to growth investments.” Read more. TD Cowen reiterates Nvidia and Broadcom as buy The firm said it’s bullish ahead of Nvidia earnings next week and raised its price target on Broadcom to $405 per share from $370. “Namely, we are positively inclined into the print on NVIDIA on the likely strength of the Blackwell Ultra uplift and the stock’s relative underperformance intraquarter. … .While we believe Broadcom and Credo are likely to report strong results as well, we see this as being largely understood and have a more muted expectation for their respective stock reactions.” Raymond James downgrades Bath & Body Works to market perform from outperform Raymond James said it sees too many near term challenges. “We are…
