By Michael Bloom
Publication Date: 2026-03-04 13:21:00
Here are Wednesday’s biggest calls on Wall Street: Baird initiates nLIGHT as outperform Baird said buy the dip in the semis laser company. “We are initiating coverage of LASR with an Outperform rating and $95 price target as market tailwinds and robust funding positions support favorable growth which is further enhanced by LASR’s vertical integration and technology stock.” Oppenheimer reiterates Apple as perform Oppenheimer said it likes the company’s new MacBook Pro announcements. “Apple revealed on March 3 its new MacBook Pro lines powered by new Apple Silicon M5 Pro and M5 Max. We believe the new chips ushered in a new era of local AI compute and showcased again Apple’s significant lead in efficiency and scalability in personal computing devices. M5 Pro/Max are built on what Apple called Fusion Architecture.” Truist initiates PulteGroup as buy Truist said the homebuilder is well positioned. “We are initiating PHM shares with a Buy rating and $170 price target, as we think the market is meaningfully mispricing the company’s profitability potential over the next few years.” Truist initiates Toll Brothers as buy Truist said the stock is underappreciate. “In our view , TOL is undervalued compared to our view of future ROE potential. The company is uniquely positioned to benefit from any greenshoots in the resilient luxury home market in 2027.” Read more. CLSA reiterates Nvidia as high-conviction outperform CLSA said investor worries over Nvidia are overdone. “We see little…
