Here are Friday's biggest analyst calls: Nvidia, SpaceX, Tesla, Amazon, Marvell, Affirm & more
HS 28/08/2026
Here are Friday’s biggest calls on Wall Street on Friday: Stifel initiates The Metals Royalty Company as buy Stifel said the metals financing company has plenty of upside. “TMCR is a capital-light royalty and streaming company that offers diversified leverage to metal prices without operating, development or capital-cost exposure, led by founder and chief executive Brian Paes-Braga with the Hess family as anchor shareholders.” Evercore ISI reiterates SpaceX and Nvidia as outperform Evercore said it’s bullish on the partnership between the two companies. “Nvidia’s call reinforces SpaceX AI’s position in the earliest Vera customer cohort, while 4Q27 orbital timing adds an earlier validation point ahead of our FY29 capacity assumption.” CLSA upgrades Baozun to outperform from neutral CLSA said in its upgrade of Baozun that the China e-commerce solutions provider has “improving profitability.” “We raise target to US$3.80 (from US$3.20) with 4x FY27 PE and earnings changes, and upgrade to O-PF rating with 26% upside. The stock is trading at a 3.2x PE multiple, at deep discount to ecommerce peers.” Bank of America reiterates Affirm as buy Bank of America raised its price target on Affirm to $104 per share from $93 following earnings. “Best in Class Compounder Still Has Room to Run.” Read more. Bank of America reiterates Marvell as buy Bank of America said Marvell has “rare accelerating growth” following earnings. “Reiterate Buy as we see MRVL as a unique growth franchise poised to accelerate its top- line growth rate towards mid-50s YoY from mid-40s YoY currently, driven by a diversity of leading cloud customers and IP across compute, networking, optics, security and storage.” Read more. Bank of America reiterates Tesla as buy The firm said its checks show Tesla robotaxis are well positioned for pricing but with longer waiting times than competitors. “We think Tesla is likely maintaining a lower price point relative to competitors as it continues gathering data and scaling its robotaxi footprint.” William Blair initiates TeraWulf as outperform William Blair said shares are compelling. “We are initiating coverage of TeraWulf a t Outperform. We view the recent pullback in shares as a favorable risk/reward entry point and our base-case fair value of $31 per share implies about 92% upside.” Bank of America reiterates Burlington as buy Bank of America said Burlington is a share gainer. “We expect market share gains to lead to strong margin flow through and reiterate our Buy rating.” Evercore ISI reiterates Amazon as outperform Evercore raised its price target on the stock to $355 per share from $315 following the firm’s annual online retail survey. “Overall, our survey shows For the first time, survey evidence that Agentic AI is actually additive for Amazon Retail, with 57% of Alexa AI users buying a product they were not previously aware of…” KBW initiates Octave Specialty Group as outperform KBW said the specialty insurance platform is in a turnaround. “We are initiating coverage o f Octave Specialty Group, Inc. (OSG) with an Outperform rating and 12-month price target of $8 Argus upgrades Moderna to buy from neutral Argus said investors should buy the dip. “Recently, the company announced positive topline Phase 3 results for a trial of its personalized cancer vaccine. Given the strength of this new data, Moderna and its partner Merck plan to engage regulators on the basis of these results.”
