Top analyst recommendations for Friday include notable companies such as Nvidia, Tesla, Microsoft, Alphabet, Fox, Walmart, and Nike.

Here are the most notable Wall Street recommendations from Friday:

Piper Sandler has started coverage on Couchbase with an overweight rating, suggesting that the recent decline in the cloud database services company’s stock is excessive. They believe the demand for multi-cloud databases remains strong.

Bernstein reaffirmed its underperform rating on Tesla, expressing skepticism about the company’s ability to regain market share or significantly grow until it introduces new, lower-priced models, which they anticipate will happen around 2026 or 2027. They also noted that Tesla’s current valuation seems increasingly disconnected from its fundamentals.

Wolfe Research upgraded Newmark Group to outperform from peer perform, citing the commercial real estate advisory firm’s strong position in capital markets, which they view as a particularly advantageous business line at present.

Williams Trading upgraded Nike to buy from sell, praising recent management changes, including the rehiring of Tom Peddie as VP of Marketplace Partners, which they see as a sign of positive change on the horizon. They also raised their price target from $67 to $93.

Barclays upgraded CF Industries to overweight from equal weight, highlighting the company’s potential for sustainable profit, driven by buybacks and investments in low-carbon assets that provide a competitive edge.

JPMorgan upgraded Sphere Entertainment to overweight from neutral, citing an attractive risk/reward profile for the Las Vegas-based entertainment company and setting a new price target of $57 for December 2025, up from $37 for December 2024.

Piper Sandler upgraded Microchip Technology to overweight from neutral, pointing to several upcoming growth catalysts for the semiconductor company.

Wells Fargo downgraded Lumen Technologies to underweight from equal weight, noting declining revenues for the internet services provider, but raised the price target to $4 from $1.75.

Raymond James upgraded both Kimco Realty and Kite Realty to strong buy from market perform, expressing optimism about the potential upside in shopping center real estate investment trusts, especially those trading at discounts to their net asset value.

Morgan Stanley named FTAI Aviation as a top pick in the aerospace sector, citing underappreciated growth prospects and raising the price target from $105 to $140.

Morgan Stanley reiterated its buy rating on Walmart, increasing the price target to $82 from $75, following a strong earnings report that validated the company’s market share gains and higher-margin growth.

BMO Capital Markets reiterated its outperform rating on Netflix, emphasizing the company’s strong position in the long-term on-demand video streaming market.

Mizuho reiterated its outperform rating on Alphabet, suggesting that the hurdles for a breakup of the company, following its loss in an antitrust case related to search advertising, are high based on historical precedents.

Evercore ISI added a tactical underperform rating on Palo Alto Networks, maintaining a long-term outperform rating but expressing caution ahead of the company’s upcoming earnings report.

Cantor Fitzgerald upgraded Teradyne to overweight from neutral, identifying it as a promising AI play within the semiconductor sector and adding it to their top picks list.

Bank of America downgraded Estee Lauder to neutral from buy, citing weaker-than-expected performance in the beauty category in China, which historically accounts for about a third of the company’s sales.

New Street Research upgraded Cisco to buy from neutral, following a positive earnings report and noting that cyclical headwinds are now behind the company, which is returning to growth.

Jefferies reiterated its buy rating on Nvidia, despite concerns about potential delays in the company’s Blackwell chip, noting that investor confidence in the company’s earnings potential remains strong.

Wells Fargo upgraded Fox Corporation to overweight from equal weight, praising the media company’s sports strategy as well-suited to navigate the evolving TV landscape.

BMO Capital Markets reiterated its top pick rating on Microsoft, citing the company’s leading position in AI and its broad portfolio as key factors.

Bank of America reiterated its buy rating on Salesforce, raising the price target to $316 from $288, based on steady deal activity reported by key partners.

Deutsche Bank reiterated its buy rating on Live Nation, noting healthy demand for concerts and live events, and highlighting the growth potential of the company’s owned and operated venue portfolio.

Bank of America reiterated its buy rating on Applied Materials, stating that the company’s growth drivers are on track, positioning it well to benefit from increasing demand for chips in a data-driven economy.