Top analyst recommendations for Tuesday include notable companies such as Nvidia, Amazon, AMD, Ulta, and Eli Lilly, among others.

Here are the major Wall Street recommendations from Tuesday:

Goldman Sachs has started coverage on MediaAlpha with a buy rating, expressing optimism about the ad tech platform’s shares. They set a 12-month price target of $20.

Morgan Stanley reaffirmed its overweight rating on Nvidia, anticipating that the company’s upcoming earnings will alleviate concerns and boost the stock, benefiting the entire AI supply chain.

Goldman Sachs upgraded Santander Chile from sell to neutral, citing improved earnings momentum and a projected 24% average EPS growth from 2023 to 2026, along with a rebound in profitability.

Barclays initiated coverage on LATAM Airlines with an overweight rating, highlighting the company’s strong market position post-restructuring, extensive network, lean cost structure, and robust balance sheet.

UBS reiterated its buy rating on Exxon, also expressing a favorable view on Chevron. They believe both companies are well-positioned for the current cycle, with growth prospects in upstream operations, downstream capacity expansions, strong balance sheets, and increasing investments in low-carbon initiatives.

JPMorgan upgraded Vista Energy from neutral to overweight, describing it as a standout option for investing in Argentina’s oil and gas sector, with a price target of $68.

JPMorgan also reaffirmed its overweight rating on Burlington, noting its strong position as the third-largest off-price retailer and its potential for growth in the off-price channel.

Bank of America reinstated its buy rating on TKO, praising the sports and media company’s resilience and significant year-to-date outperformance compared to traditional media firms and the broader market.

Bernstein upgraded Biomarin to outperform from market perform, expressing confidence ahead of the company’s investor day in early September and expecting management to outline a credible path for margin expansion.

Daiwa downgraded JPMorgan from buy to outperform, citing reduced upside potential following the stock’s strong performance over the past two years.

JPMorgan reiterated Amazon as a top pick, maintaining its positive outlook on the e-commerce giant and predicting that U.S. e-commerce penetration could nearly double in the long term.

Evercore ISI upgraded Vornado to outperform from underperform, pointing to several positive catalysts for the real estate investment trust company over the next 6 to 12 months.

Wells Fargo named Eli Lilly as a top pick, emphasizing the company’s strong manufacturing capabilities and extensive data, which they believe will create a significant competitive advantage in the long term.

Citi placed a positive catalyst watch on Abercrombie & Fitch ahead of its earnings next week, maintaining a neutral long-term rating but seeing favorable risk/reward for the upcoming earnings report.

Morgan Stanley reiterated its overweight rating on Palo Alto Networks, raising the price target to $390 per share from $360, driven by multiple product cycles, AI tailwinds, and easier comparisons.

Edward Jones initiated coverage on Advanced Micro Devices with a buy rating, citing growing demand for data-center infrastructure and the potential for accelerating sales of AMD’s GPUs and CPUs.

Needham initiated coverage on Sonic Automotive with a buy rating and a $73 price target, highlighting the auto dealer franchise’s strong positioning.

JPMorgan named Mastercard as a top pick, noting better visibility into revenue and guidance upside for the company, which is the second-largest global card network behind Visa.

Oppenheimer reiterated its outperform rating on Ulta, finding the shares attractive despite the recent disclosure of Berkshire’s stake in the stock. They see potential for long-term growth and recommend taking advantage of any dips in the stock price.