Analysts maintain strong ratings for Nvidia and Nike

On Friday, several major Wall Street analysts made significant calls regarding various stocks. Goldman Sachs restated its "buy" rating on Nike. The firm believes recent earnings reports have provided mixed signals but remains positive about Nike's potential long-term turnaround. JPMorgan also reiterated its "overweight" stance on Apple. The firm described Apple as a defensive stock, expecting new product releases, including the iPhone 16E, to support revenue growth despite some recent concerns about delays in AI launches. Goldman Sachs maintained its "buy" rating for FedEx, believing the company can improve its operations despite facing economic uncertainties. In a positive move, JPMorgan upgraded Super Micro from underweight to neutral. The firm recognized the company as overcoming recent challenges and benefiting from increased demand for its servers. Goldman Sachs upgraded Adaptive Biotechnologies to a "buy" rating, seeing strong potential in the hematologic cancer market. Morgan Stanley reiterated its "overweight" rating on Tesla, holding a positive view despite lowering its price target, citing consistent investment reasons. UBS also reaffirmed its "buy" rating on Nvidia, stating that the company is well-positioned to lead in AI infrastructure development. KeyBanc upgraded Celanese, expressing optimism about the potential benefits from a peace settlement in Ukraine and recovery in China. Goldman Sachs upgraded Danaher to "buy," claiming the stock is attractively priced. Morgan Stanley upgraded Norwegian Cruise Line to equal weight, finding a more balanced investment outlook. Deutsche Bank reiterated its "buy" rating on Starbucks, noting that despite high prices, strong market demand for specialty coffee remains. Jefferies maintained its "buy" rating on Netflix, highlighting increased user engagement despite recent fluctuations in web visits. Loop downgraded FedEx from hold to sell, citing potential tariff risks impacting the company's future earnings amidst economic downturns. DA Davidson upgraded AutoZone to "buy," recognizing its defensive qualities in the current market. Finally, Wells Fargo reiterated its "overweight" view on Micron, expecting its stock value to rise due to strong demand following recent earnings.