Here are the most notable Wall Street recommendations for Monday:
**Bank of America** maintains its buy rating on **Nvidia**, describing the stock as attractive at its current price. They suggest that any market dip should be seen as a buying opportunity, as the company’s challenges are related to supply issues that are solvable and won’t affect its long-term growth.
**Mizuho** continues to favor **Grab** and **Trip.com**, highlighting them as standout choices despite China’s uncertain economic conditions. They remain optimistic about the strong demand for international travel, making Trip.com a top pick, and similarly, they see Grab as a strong performer for the quarter.
**Morgan Stanley** reaffirms its overweight rating on **Disney**, though it has reduced the price target from $130 to $110 per share. They note that Disney’s parks business may face challenges in FY25, but the stock’s recent decline seems to have already factored in these concerns.
**KeyBanc** upgrades **Gulfport Energy** to overweight from sector weight, advising investors to take advantage of the current dip in the natural gas company’s shares. They maintain a positive outlook on both natural gas and Gulfport’s fundamentals.
**RBC** upgrades **Lockheed Martin** to outperform from sector perform, citing the stock’s attractive valuation. They have also increased the price target to $600 from $500.
**Morgan Stanley** upgrades **Prosperity Bancshares** to overweight from equal weight, praising the regional bank’s strong capital and growing liquidity. They also find the midcap bank sector increasingly attractive.
**Morgan Stanley** initiates coverage on **MKS Instruments** with an overweight rating, noting the company’s strong position as its semiconductor and electronics businesses enter a cyclical recovery, which should drive significant EPS growth.
**UBS** reiterates its buy rating on **Berkshire Hathaway** following the company’s earnings report, raising estimates due to higher insurance underwriting and investment income.
**Citi** upgrades **Robinhood** to neutral from sell, observing improving fundamentals for the online trading platform, including growth in deposits and trading activities.
**RBC** downgrades **Moderna** to sector perform from outperform, citing several challenges. They expect the company’s revenue to remain between $3-4 billion and note that the balance sheet is weakening despite a substantial cash reserve.
**Morgan Stanley** maintains its overweight rating on **Apple**, highlighting the company’s impressive operating margin of 29.6% for the June quarter, despite challenges in Greater China.
**Morgan Stanley** also reiterates its overweight rating on **Walmart**, noting a record high in Walmart+ memberships based on their survey data.
**Bank of America** upgrades **Five9** to buy from underperform, citing a compelling risk/reward profile and the potential benefits of AI in the near and medium term.
**Jefferies** advises buying the dip in **Netflix** shares, expressing increased optimism following a recent pullback and anticipating a possible price hike in Q4 due to strong content offerings.
**RBC** upgrades **Kellanova** to outperform from sector perform, following reports of potential acquisition interest from Mars. They note that while such reports are not always accurate, they often indicate genuine interest.
**Bernstein** maintains its outperform rating on **Boeing**, though it lowers the price target to $207 from $222. They acknowledge the company’s financial challenges but are optimistic about improving aircraft deliveries and production recoveries.