Here are Tuesday's biggest analyst calls: Apple, Tesla, Microsoft, Oracle, CoreWeave, Ralph Lauren & more
HS 24/03/2026
Here are Tuesday biggest calls on Wall Street: Evercore ISI reiterates Apple as outperform Evercore ISI said its survey checks show Apple Services like Apple TV remain strong. “We ran our annual Apple Services survey over the past week (surveying ~3.5k smartphone users) and results point to continued strength across Apple’s Services ecosystem, with engagement and monetization both trending higher.” BMO upgrades Arthur J. Gallagher to outperform from market perform The firm said its call may be early but that shares are compelling. “Medium/longer term, we estimate AJG will continue to throw off EPS growth well above the S & P 500’s average.” Citi upgrades Ralph Lauren to buy from neutral Citi said the stock is a “best-in-class winner.” “We are upgrading RL from Neutral to Buy. Mgmt’s efforts to elevate the brand have driven strong performance, and at the end of F26 RL will have achieved a 6.5% sales CAGR and over 350bps of EBIT margin expansion since F22.” Read more . Stifel initiates LCI Industries as buy Stifel said shares of the recreational vehicle supply company have plenty of room to run. “We are initiating coverage of LCI Industries (LCII) with a Buy rating on the shares and a 12- month target price of $152.” BMO upgrades First Majestic Silver to outperform from market perform BMO said the metals and mining company has a compelling valuation. “The key driver of our Outperform rating is First Majestic’ s valuation multiples compared to historical ranges.” Jefferies initiates OneSpaWorld as buy Jefferies said it sees “steady growth” for the spa company. “We initiate Buy on OSW, as the company sits at the intersection of durable cruise industry growth, rising prioritization of wellness, and a monopoly-like market position in outsourced maritime wellness services.” JPMorgan upgrades Ecolab to overweight from neutral JPMorgan said investors should buy the weakness. ” Ecolab shares have traded off since February 27 as tensions in the Mideast have risen, compared to a market that is lower by (4%).” UBS upgrades JFrog to buy from neutral UBS said investors should buy the dip in the software selloff. “After speaking with ~15 checks, we upgrade JFrog t o a Buy (from Neutral) following a ~30% drop in the stock since early December as we think the risk/reward now looks attractive with AI disruption risk now priced into the stock.” Baird reiterates Tesla as outperform Baird said the company is entering a “pivotal” time. “TSLA is entering a pivotal time over the next 18 months as it scales Robotaxi service with a soon-to-be introduced Cybercab at the same time as ramping mass production of its Optimus humanoid. We want to own the stock over this pivotal time frame.” Goldman Sachs initiates Generate Biomedicine as buy Goldman said the biotech company is well positioned for generative AI. “We initiate coverage on Generate Biomedicines (GENB) with a Buy rating and a 12-month price target of $26.” Truist initiates Diamondback Energy as buy Truist said the oil and gas company is well positioned. ” Diamondback stands out as the last large-cap Permian pure-play E & P with a core focus on the Midland Basin and a secondary position in the Delaware Basin.” Citizens initiates KB Home as market outperform Citizens said the homebuilder is underappreciated. “We initiate coverage on KB Home with a Market Outperform (MO) rating and $77 price target.” Goldman Sachs initiates Smurfit Westrock as buy Goldman said the packaging company is firing on all cylinders. ” Smurfit Westrock: Solid operator with exposure to the US market.” Bank of America reinstates Oracle as buy Bank of America said it sees a “meaningful growth opportunity.” “We are reinstating coverage of Oracle (ORCL) with a Buy rating and a $200 PO (~30% upside potential), reflecting a balanced view of accelerating AI infrastructure demand against the timing, concentration, and capital requirements of Oracle’s transformation.” Bank of America reinstates Microsoft as buy Bank of America said the company is a beneficiary of “AI monetization.” “We are reinstating coverage of Microsoft (MSFT) with a Buy rating and a $500 PO, implying 31% upside potential, supported by durable multi-year growth across cloud and AI. Microsoft’s advantage lies in its ability to capitalize on AI across both infrastructure and applications:” Bank of America initiates Nebius Group as buy Bank of America said the cloud company has a differentiated offering. “We are initiating coverage of Nebius with a Buy rating and a $150 price objective, implying 31% upside. Nebius operates in one of the fastest-growing segments of cloud computing, the AI Infrastructure-as-a-Service (IaaS) market.” Loop initiates Commvault Systems as buy Loop said the software company is too attractive to ignore. “We are initiating coverage of CVLT with a Buy rating and $125 PT. In our view, the traditional data backup and protection market has undergone a significant resurgence in recent years due to the rapid emergence of cyber resilience and the increasing importance of data security, with AI-driven and AI-ready data usage set to enter the hypergrowth stage.” Bank of America upgrades CoreWeave to buy from neutral The firm reinstated coverage of the stock and says it sees plenty of upside. “We reinstate coverage of CoreWeave with a Buy rating and a $100 PO. We believe CoreWeave is well positioned to capture share of the $79bn AI infrastructure as a service (Iaas) market, given 1) sustained demand for AI compute; 2) its proprietary software optimized for AI workloads…” Read more . BMO initiates Alaska Airlines as outperform The firm said it sees profit growth. “We initiate coverage of Alaska Airlines (ALK) at Outperform with a $50 target price.” Benchmark initiates CoreCivic as buy Benchmark said the correctional facilities company is firing on all cylinders. “We initiate coverage of CoreCivic ( CXW) at Buy with a $28 price target.”
