Listed below are Tuesday’s greatest calls on Wall Avenue: Mizuho reiterates Amazon as purchase Mizuho stated it is standing by shares of the e-commerce large. “With that in thoughts, now we have elevated conviction of AWS acceleration and our above-the-Avenue income progress forecast of 20%. Keep AMZN as a Prime Choose with PT of $240.” Goldman Sachs initiates Waystar as purchase Goldman stated it is bullish on shares of the cloud-based healthcare options firm. “We provoke protection of Waystar ( WAY) with a Purchase score and 12-month worth goal of $32.” Financial institution of America reiterates Nvidia as purchase Financial institution of America stated Nvidia was the “most-owned” inventory in semis amongst fund managers. “Inside semis, NVDA was the most-owned inventory amongst lively fund managers, with possession of 68% in Jun ’24 (up from 67% within the Feb ’24 report), adopted by AVGO, AMAT, and AMD.” Piper Sandler downgrades CrowdStrike to impartial from obese Piper downgraded CrowdStrike primarily on valuation. “As shares have deservedly risen to the very best income a number of of any public software program firm above $75B in market cap and encroached on our $400 goal (which we don’t see a near-term catalyst for elevating), we’re reducing our score to Impartial.” Raymond James upgrades Comerica to outperform from market carry out Raymond James stated the inventory is in a “bottoming course of.” “We’re upgrading CMA shares from Market Carry out to Outperform and establishing a $60 worth goal.” UBS downgrades Pure Storage to promote from impartial UBS stated the cloud options firm has an unjustified valuation. “We downgrade Pure shares to Promote from Impartial given an unfavorable threat/reward given.” Piper Sandler upgrades Atlassian to obese from impartial Piper stated it sees a gorgeous threat/reward for shares of the software program firm. “With shares sliding to 8x CY’25E income, we predict the danger / reward has turned favorable for TEAM.” Jefferies initiates Rapport Therapeutics as purchase Jefferies stated the biotech firm is nicely positioned. “We predict RAPP may disrupt the therapy paradigm of a number of $1B+ CNS [central nervous systems] problems, beginning with epilepsy.” Stifel initiates Life360 as purchase Stifel stated the security app firm has a “differentiated product.” “We’re initiating protection of Life360 Inc. (LIF) with a Purchase score and $37 goal worth. We view Life360 as a extremely differentiated product geared toward conserving households, pets, and ‘issues protected.'” Financial institution of America reiterates Spotify as purchase Financial institution of America raised its worth goal on the inventory to $380 per share from $370 heading into earnings later this month. “We’re assured that Spotify’s (SPOT) 2Q24 outcomes might be at the least in step with steerage on key metrics together with income, premium subscribers and MAUs [monthly active users].” Wells Fargo reiterates Chevron as a high decide Wells stated the oil and gasoline large stays a high thought. “CVX stays our high decide in Built-in Oils protection. Greatest open merchandise stays the authorized merger with Hess Corp (HES) clearing the arbitration hurdle in coming months.” Jefferies initiates CGI as purchase Jefferies stated the IT companies firm is “top quality.” “We provoke on IT Providers supplier CGI at Purchase.” Roth MKM initiates TeraWulf as purchase Roth stated it is bullish on shares of the mining firm. “We’re initiating protection of WULF at Purchase with a $6.50 PT and imagine it presents buyers a gorgeous funding alternative within the rising vitality demand for digital infrastructure.” Barclays initiates Viking Holdings as obese Barclays stated the cruise firm is a standout. ” VIK is a novel progress asset in a gorgeous sector: a luxurious journey pure-play, with excessive visibility and capital effectivity relative to friends, dominating the quicker progress, under-served luxurious river cruise market.” Citi downgrades Lennar and D.R. Horton to impartial from purchase Citi stated it is involved a few “sluggish” second-half housing market. “We’re reducing estimates and goal multiples for Homebuilders to mirror a slowing housing market, and downgrading DHI and LEN to Impartial.” Financial institution of America reiterates Disney as purchase Financial institution of America stated it is sticking with its purchase score on the inventory. ” DIS has a group of best-in-class premiere property (in content material/IP in addition to Theme Parks). Close to time period catalysts embody: 1) profitability inflection in DTC and a pair of) NBA long-term settlement.” Susquehanna upgrades PayPal to optimistic from impartial Susquehanna stated it sees “worthwhile progress” for shares of PayPal. “Our conversations with the corporate, which when coupled with buyer and business observations, appear extra constructive.” Seaport upgrades Financial institution of America to purchase from impartial Seaport stated the banking large is cheap. “So whereas we could also be slightly late to the get together with our improve to Purchase, we imagine it’s justified by BAC’s nonetheless cheap valuation, upside to consensus, high tier client/wealth franchise, and the truth that it’s by far under-earning essentially the most amongst friends in web curiosity revenue.” Guggenheim reiterates Tesla as promote Guggenheim stated it thinks Tesla shares are “extremely correlated” to meme shares however added that it is sticking with its promote score. “Electrical car shares have been extremely correlated with the so-called meme-stocks on days when there’s actionable information associated to Roaring Kitty available in the market.” Deutsche Financial institution reiterates Uber as purchase Deutsche added the inventory to its recent cash listing as a high decide for the third quarter. ” Uber is the best-in-class market chief throughout a number of classes with giant TAMs, rising adjacencies, high-margin new income streams, and a rising membership base.” Argus reiterates Netflix as purchase Argus stated it is sticking with its purchase score on the inventory. “We’re sustaining our BUY score on Focus Checklist choice Netflix I nc. and elevating our goal worth to $767, as NFLX shares not too long ago blew by means of our earlier goal of $660.”