Here are Monday's biggest analyst calls: Nvidia, Micron, Meta, Qualcomm, Palantir, Amazon, Upstart & more

BT Here are the biggest calls on Wall Street on Monday: Morgan Stanley reiterates Nvidia as overweight Morgan Stanley says it’s optimistic heading into the company’s GTC Conference this week. “We believe that NVIDIA is due to catch up to other stocks in the supply chain, and see this as a very good entry point.” KBW upgrades Rocket Companies to outperform from market perform KBW says it sees a “higher earnings floor.” “We view that under our KBW base case outlook for mortgage industry fundamentals (volumes and margins) and RKT earnings, current shares screen favorably, and we estimate a +50% total return over the next 12 months.” Guggenheim initiates JFrog as buy Guggenheim says the software company is firing on all cylinders. “As the de facto system of record for governing software artifacts, JFrog plays a strategic role not only in software development but also in enterprise risk management. 2025 was a standout year marked by accelerating Cloud growth and total revenue growth, driven by overconsumption and an inflection in security adoption, while FCF margin expanded to 27%.” BTIG upgrades Upstart Holdings to buy from neutral BTIG says it’s bullish on the company’s recent bank charter application. “We upgrad e UPST shares to Buy with a $43 target price. Our target is 6x 2027 EPS if our bank expense savings math is right, and 9x if our bank math is wrong.” Read more. Jefferies upgrades Simply Good Foods to buy from hold Jefferies says it likes the company’s exposure to healthy eating. “We upgrade SMPL to Buy given category exposure and valuation; SOTP ex-Atkins confirms shares do not account for solid Quest growth & protein exposure F28E Sales 3Y CAGR EBITDA Margin Adj.” Jefferies initiates Abivax as buy Jefferies said in its initiation of Abivax that the biotech company is underappreciated. “We view obefazimod (obe) as a ‘unicorn’ in the large market of inflammatory bowel disease (IBD) given strong efficacy in the format of a safe, easy oral pill.” Read more. Evercore ISI initiates Cohu as outperform Evercore says the semis test automation company is well positioned. “We are initiating on COHU with an Outperform rating and $35 price target and believe the setup is supported by three drivers.” Oppenheimer initiates Lindblad Expeditions Holdings as outperform Oppenheimer says the travel company has a “differentiated” offering. " LIND offers a highly differentiated product, including cruises co-branded with National Geographic. Its vessels are designed to carry ~16-150 passengers and to provide an immersive experience." RBC reiterates Micron as outperform RBC raised its price target on Micron to $525 per share from $425. “We are raising estimates significantly on continued pricing strength. The key question is about duration—our base case is for pricing to increase through CY26.” Read more. Berenberg upgrades Ecolab to buy from neutral Berenberg says the chemical company is an inflation beneficiary. " Ecolab announced on Thursday 12 March that it will increase prices across all products, services and geographies by 10-14%. This move has a clear precedent in March 2022, following the energy price spike caused by the war in Ukraine." Macquarie initiates PayPay as outperform Macquarie says the Japan-based QR payment company is well positioned. “We initiate coverage of PayPay at Outperform with a SoTP target price of $22.90.” Morgan Stanley reiterates Meta as overweight Morgan Stanley says the stock remains a best idea. " META is latest in series of big tech companies beginning to drive further efficiency from GenAI-related tools. Reports suggesting 20% workforce cuts could represent 5-10% upside to '27 EBIT, provide higher EBIT floor through investment and torque as revenue investments yield." Seaport downgrades Qualcomm to sell from neutral Seaport says it’s concerned about a memory crunch. “The memory crunch is likely going to hurt Qualcomm’s c ustomers the hardest. Qualcomm looks set to lose share even while its addressable market shrinks this year. Downgrade to Sell, from Neutral.” Bank of America reiterates Amazon as buy The firm says it’s bullish on the company’s ability to grow revenue through Prime Video. “…we remain constructive on Amazon’s ability to increasingly monetize its Prime offerings. Also, we note that Amazon continues to lower its cost to deliver goods, which could reduce the need for a broader Prime fee increase in 2026.” Wedbush reiterates Palantir as outperform Wedbush says the company has a “unique” offering. " Palantir’s unique AI software approach will be a growth catalyst as governments look to further increase efficiency with more software/lower headcount with PLTR gaining more deals across the federal government with its software value proposition playing perfectly into the broader efficiency theme"