CNBC66%
Here are Monday's biggest analyst calls: SpaceX, Nvidia, Tesla, Applied Materials, Circle, Corning, GE Vernova & more 66%
By Michael Bloom85%
8/3/2026, 5:29:31 AM
Topics: Analyst Calls Of The Day, Cnbc Pro
Keywords: Investment Strategy, Breaking News Markets, Markets, Applied Materials Inc, Circle Internet Group Inc, Wingstop Inc, Spotify Technology Sa, Proto Labs Inc, Charles Schwab, Parsons Corp, Solaris Energy Infrastructure Inc, Life Time Group Holdings Inc, Starbucks Corp, Fair Isaac Corp, Birkenstock Holding Plc, Ebay Inc, Eaton Corporation Plc, Nvidia Corp, Corning Inc, Ingersoll Rand Inc, Lyondellbasell Industries Nv, Pyxis Oncology Inc, Ge Vernova Inc, Sherwin Williams Co, Charles Schwab Corp, Space Exploration Technologies Corp, Tesla Inc, Industrial Select Sector Spdr Fund, Spdr S And P 500 Etf Trust
BS Summary: This article contains 23 faulty reasoning types, including Optimism Bias, Recency Bias, and Anchoring Bias, with Unattributed Quote as the most egregious example at 62.7% saturation with 746 hits. Analysis detected 2,126 faulty-reasoning hits from 1,190 analyzed words, generating a BS Score of 53.3% and a BS Rank of 66% (9,200 of 26,858 articles). This article is worse (more manipulative) than 65.70% of the article peer group.
Here are the biggest calls on Wall Street on Monday: Jefferies upgrades Parsons to buy from hold Jefferies says shares of the aerospace and defense infrastructure company are compelling at current levels.
"We conservatively est +3% revs growth in '27 w/ 9.7% margins, but expect PSN is capable of more.
Upgrade to BUY."
TD Cowen initiates Circle as buy TD Cowen says the stock has "attractive platform potential."
"We initiate on CRCL at Buy with an $82 PT.
Circle is a rising infrastructure provider enabling the modernization of payments & financial markets through stablecoins."
Stifel reiterates Tesla as buy Stifel lowered its price target on the stock but is sticking with Tesla shares.
"Importantly, we believe TSLA is making strong progress on FSD and Robotaxi, both critical to value creation, and see a demand resurgence evidenced by its largest order backlog since 2023 and the Model YL launch.
We maintain our Buy rating and are lowering our target price to $491 from $508 based on our sum-of-the-parts analysis."
Compass Point initiates Charles Schwab as buy Compass Point says the stock is underappreciated.
"We initiate coverage on SCHW with a Buy rating and $135 PT.
We believe agentic trading can be a catalyst for reducing SCHW's cash sorting overhang."
RBC reiterates SpaceX as outperform RBC says SpaceX is attractive heading into earnings on Tuesday.
"We believe the current valuation is attractive (under 17x consensus 2028 EBITDA), but we believe investors are focused on long term challenges, looking past near-term strength and strong fundamentals."
Guggenheim initiates Sherwin-Williams as buy Guggenheim says the company is firing on all cylinders.
"We are initiating coverage of The Sherwin-Williams Company a global leader in the development, manufacture, distribution and sale of paint, coatings & related products to professional, industrial, commercial & retail customers—with a BUY-rating and $400 price target."
Goldman Sachs adds Applied Materials to the conviction buy list The firm says the stock is best positioned.
"AMAT i s positioned with the best equipment in the area with the greatest sustainable demand in the semis ecosystem, making for an outsized growth runway relative to peers."
Truist upgrades Corning to buy from hold Truist says it sees an attractive entry point.
"We upgrade GLW t o Buy, with our $175 (fr. $205), 12-month PT implying 27% upside.
Simply put, we have waited for a more reasonable entry point to get more constructive, and we now have one post a ~45% pull back in July."
Read more.
Stifel upgrades Ingersoll Rand to buy from hold Stifel upgraded the stock following earnings.
"We are raising our rating to Buy with a $101 target price on IR shares."
Wells Fargo upgrades Solaris Energy Infrastructure to overweight from equal weight Wells says the hyperscaler is attractive.
"Since we initiated coverage in March, SEI signed a third hyperscaler contract and expanded its scope.
With the stock trading essentially in line with its asset value despite 20%+ returns, we now see attractive skew and upgrade SEI to Overweight."
Raymond James reiterates Nvidia as strong buy The firm says it's sticking with Nvidia.
"NVDA's stock has roughly tracked the S & P 500 YTD, which we consider disappointing.
Investors have frequently asked us why a company with NVDA's growth characteristics, financial position, cash generation & market leadership can trade at a discount; we do not attribute it to the fundamentals.
We think investors favored momentum & scarcity trades, and this placed NVDA out of favor on those criteria."
Evercore ISI upgrades Eaton to outperform from in line Evercore says buy the dip.
"Upgrading Eaton to Outperform; 18+ months later, execution risk now low enough, stk underperformance has been significant enough and EPS grth acceleration/revenue visibility high enough to get positive again."
Goldman Sachs upgrades Life Time Group Holdings to buy from neutral After a change in analyst coverage, the firm upgraded the athletic club group.
"We assume coverage of LTH with a Buy rating, as we value the considerable opportunities to improve membership mix and raise dues system-wide."
JPMorgan upgrades LyondellBassell to overweight from neutral JPMorgan says the stock is volatile but that it's too attractive to ignore.
" Lyondell i s a volatile equity.
The shares are higher by 43% year to date but lower by (35%) over a five year period.".
Wells Fargo downgrades eBay to underweight from equal weight Wells downgraded eBay due to too much competition.
"Escalating US Competitive Intensity Drives Negative EPS Revisions, Downgrade to UW."
William Blair adds GE Vernova to the conviction list William Blair says the stock is undervalued.
"The debate taking hold of GEV shares is whether orders have peaked.
We are taking the opposite side of this trade and believe that the market still underestimates the level by which electrical infrastructure and the U.S. power grid need to be built out."
Morgan Stanley downgrades Circle to underweight from equal weight The firm says it sees too many negative catalysts for Circle.
"Confluence of Tactical and Structural Headwinds Creates Numbers Downside & Multiple Drag; Downgrade to Underweight with $38 PT" Read more.
Melius upgrades Starbucks to hold from sell Melius says a turnaround is underway.
"We are upgrading Starbucks to Hold from Sell and raising our 2-year target price to $110 (30x our FY2028 EPS estimate of $3.72) from $85."
Bernstein downgrades Wingstop to market perform from outperform Bernstein says it sees too many negative catalysts for Wingstop.
"Today we downgrade the stock to Market-Perform for 3 main reasons: 1.
We do not see near term catalysts that could help traffic recovery, 2.
We believe consensus numbers are too elevated for the next 12 months, 3.
With ongoing macro concerns, we tactically downgrade the stock until we see that SSSG momentum re-accelerates..."
Wolfe downgrades FICO to peer perform from outperform Wolfe says it has "market share concerns."
"We are downgrading shares of FICO to Peer Perform from Outpeform, and setting a fair value range of $1,100-$1,350.
Near-term estimate upside remains, but competitive dynamics with VantageScore are becoming more apparent and real."
Morgan Stanley reiterates Spotify as overweight Morgan Stanley raised its price target on the stock to $640 per share from $610.
"Spotify shares down -14% YTD ahead of it likely shipping new product in coming months, including the new AI features, presents an attractive opty in the best-in-class audio platform that we see compounding FCF at a ~20% CAGR with a path to ~ $35 of FCF/sh by 2030."
Needham upgrades Proto Labs to buy from hold Needham says the digital manufacturer should show accelerating growth.
"We are upgrading our rating on PRLB to Buy from Hold and establishing an $87 target price."
Williams Trading downgrades Birkenstock to hold from buy Williams says the company is holding too many promotions, which is a bad sign for Birkenstock.
"Downgrading from Buy to Hold, trimming estimates, and lowering our PT from $46 to $44.
The Birkenstock brand may be losing its premium positioning.
Consumers may be losing their sense of urgency, and the need to buy goods at full price in Europe, and perhaps even in the U.S."
Speakers
18speakers31%attributed speech816writer words
Selected voice
100%flagged-word coverageGuggenheim
14 attributed words3.7% of attributed speech98% writer coverage
Attribution is sentence-level. Pattern percentages are calculated only from words assigned to that voice.
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Analysis
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