Wall Street’s Key Calls on Monday
Morgan Stanley Upgrades Datadog
Morgan Stanley has upgraded Datadog from equal weight to overweight, citing strong growth prospects. The firm believes the resurgence of digital transformation and cloud migration, along with opportunities in monitoring agentic applications, will drive sustained core growth through 2027.
Wells Fargo Upgrades ConocoPhillips
Wells Fargo has raised its rating on ConocoPhillips from equal weight to overweight, noting its appealing valuation. The price target has been increased to $132, reflecting an enhanced assumption for dividend growth within their valuation model.
Bernstein Upgrades Liberty Formula One
Bernstein upgraded Liberty Formula One from market perform to outperform, advising investors to buy the dip. The firm anticipates that upward estimate revisions are likely due to favorable deal-making opportunities this year.
Barclays Upgrades Amphenol
Barclays raised Amphenol’s rating from equal weight to overweight, highlighting various tailwinds including strong demand in data center AI architectures and positive performance from the CCS acquisition that exceeds expectations.
Bank of America Maintains Buy on Apple
Bank of America reiterated its buy rating on Apple ahead of their Q1 earnings report, expected later this month. The firm predicts upside for street estimates, driven by robust iPhone sales and double-digit growth in service revenues.
HSBC Initiates Netflix with a Buy Rating
HSBC has initiated coverage on Netflix with a buy rating, viewing the recent share price decline as an opportunity for investment. The target price is set at $107, reflecting confidence in the company’s potential growth.
Citi Upgrades Zoom and Palantir
Citi upgraded Zoom from neutral to buy, citing an undemanding valuation and foreseeable growth catalysts. Similarly, Palantir’s rating was elevated to buy from neutral, with expectations of a “supercycle” coming in 2026 and a target price increase to $235.
