Here are Friday's biggest analyst calls: Tesla, Nvidia, Robinhood, Microsoft, Deere, Amazon, McDonald's & more

CNBC

06-06-2025

Here are Friday's biggest calls on Wall Street: Morgan Stanley reiterates Tesla as a top pick Analyst Adam Jonas said he's sticking with Tesla despite the stock's volatility. "When putting our trading cap on, we have higher conviction in near-term volatility than near-term direction. We reiterate our $410 price target but are prepared for the stock to give up more than just the 4 weeks of performance it has sacrificed so far." KeyBanc initiates Twilio and Five9 as overweight KeyBanc said both stocks are well positioned for growth. "We are initiating both FIVN and TWLO at Overweight ratings. For different reasons, these two are outgrowing the rest of the cohort and yet we feel the stocks do not currently reflect the opportunity for this enhanced growth to continue." UBS upgrades Teradata to neutral from sell UBS said it's seeing "some signs of stabilization." "After speaking with ~15 customers/partners, we resume coverage at Neutral (from Sell) as we conclude the outlook for Teradata is still challenging but much of this appears to be priced in and we did pick up some signs of stabilization." Bank of America reiterates Broadcom as buy Bank of America said the stock remains a top pick following earnings on Thursday. "We rate Broadcom Buy due to its high-quality diversified exposure to secular product cycles in the smartphone, cloud data center, telecom and enterprise storage markets." Goldman Sachs initiates Teva as buy Goldman initiates the biopharma company with a buy on Friday and said the stock's valuation is compelling. "We initiate coverage of generic pharmaceutical stocks, with Buy ratings on TEVA and AMRX and a Neutral rating on VTRS. Overall, acknowledging recent volatility on both micro (e.g., FY25 guides) and macro (e.g., tariff and drug pricing policy) factors, we believe the group offers opportunities for exposure (at undemanding valuations." Read more about this call here. Bernstein downgrades CrowdStrike to market perform from outperform Bernstein downgraded the stock on valuation. " CrowdStrike is VERY expensive vs. our $371 PT, and this is a cybersecurity wide phenomenon." Morgan Stanley reiterates Amazon as overweight Morgan Stanley called Amazon an "under-appreciated GenAI winner." "AMZN's push into humanoid delivery another sign of GPU enabled advances set to drive more durable market share gains and FCF/order. Between fulfillment and delivery AMZN is now investing to automate $200bn of Logistics Costs. Remain OW for this under-appreciated GenAI winner." Goldman Sachs upgrades MasTec to buy from neutral Goldman said the infrastructure company has "significant new pipeline construction opportunities ahead." "We are upgrading MTZ to Buy and lowering MYRG to Neutral. While we continue to believe that both stocks will benefit from strong utility spending, the potential for estimate revisions is stronger at MTZ given the significant new pipeline construction opportunities ahead." Goldman Sachs reiterates Robinhood as buy Goldman raised its price target on the stock to $81 per share from $72. "We view the recent monthly data for HOOD positively, and remain constructive on the structural growth of the business and the retail trading backdrop." Barclays upgrades Ormat Technologies to overweight from equal weight Barclays said the geothermal energy company is a "winner" in the tax bill. "Geothermal emerged a winner from the proposed tax bill and will benefit from 'all of the above' solution with the US facing a severe power deficit over the next 5 years. Defensive in the near term with little earnings risk, Ormat should steadily capture higher PPA [power purchase agreement] pricing while expanding capacity." Barclays initiates Solaris Energy as overweight Barclays said the energy infrastructure company is a data center player. "With data centers creating an acute power gap, increasing with every new announcement, Solaris is the leading player in off-grid Distributed Power solutions, benefiting from higher electricity rates and the need for speed-to-power solutions." Morgan Stanley upgrades Applied Materials to equal weight from underweight Morgan Stanley says shares of Applied Materials are now "partially derisked." "Tough FY26 set up but partially derisked; Upgrade to EW." Jefferies upgrades Urban Outfitters to hold from underperform Jefferies said it sees a more balanced risk/reward. "Following URBN's healthy 1Q and ahead of an investor event next week, we are moving to Hold." Goldman Sachs reiterates Tesla as neutral The firm lowered its price target on the stock to $285 per share from $295 in its Tesla deliveries preview. "We believe 2Q deliveries could end up between 335K and 395K depending on how strong June results are (with factors including the degree of incentives Tesla utilizes), and our base case view is now 365K deliveries for 2Q25." Loop downgrades McDonald's to hold from buy Loop said the chicken strips launch has largely been a negative. "We are downgrading MCD to HOLD this morning given growing concerns the company's domestic comp growth profile will not rebound as much as expected over the remainder of 2025." Bernstein reiterates Microsoft as outperform The firm raised its price target on the stock to $540 per share from $520. " Microsoft's partnership with OpenAI can generate huge potential revenue upside for Azure by 2029/30, if OpenAI's projection turns into reality." UBS reiterates Nvidia as buy UBS said the stock remains a top idea. "In the US, we continue to prefer AVGO, MRVL, ARM, MU, NVDA, and TXN." Melius upgrades Deere to buy from hold Melius said Deere has a "leading position in ag tech. "After one to two years on the sidelines, we are returning to our Buy rating, and raising our two-year target price to $750. The timeline to cyclical recovery and to the market's appreciation for Deere's extraordinary position is still uncertain." Morgan Stanley upgrades MP Materials to overweight from equal weight Morgan Stanley said the rare earths company is well positioned for humanoids. "Geopolitical and trade tensions are finally pushing critical mineral supply chains to top of mind. MP is the most vertically integrated rare earths company ex-China. We upgrade MP to OW."