Here are Wall Street’s biggest calls on Friday: Goldman Sachs upgrades Atlassian to Neutral Buy Goldman Sachs said the software company’s stock “is set for predictable growth going forward.” “We are upgrading Atlassian from Neutral to Buy at $230 PT (previously $200). We believe TEAM has weathered the hardest parts of the cloud transformation and can reliably grow for the cloud , data center migration and profits provide derisking guidance. Morgan Stanley reiterated its overweight position in Apple after the investment bank reported Thursday that it would maintain its stance on the stock “although the first-quarter results in June will not. Changing investor sentiment, but clear print/guidance, late-cycle iPhone strength, service outperformance, and profit resilience mean Apple is likely to outperform on the upcoming iPhone 16 and Apple Intelligence launch, Barclays puts Ferrari’s on track. The rating was upgraded to overweight from equal weight. Barclays said the stock is one of the best stocks to hold in the bank’s coverage. “H2 should be lower than H1 in all aspects.” [key performance indicators] Apart from [average selling price] But with the second half of the year fully understood, we believe RACE is one of the best stocks to hold in 2025 within our coverage. Stay on top of this e-commerce giant.Second quarter/third quarter revenue performance was slightly weaker, second quarter [operating income] Relative to Wall Street, but below buy-side taboos, AWS revenue growth topped expectations and OI guidance came in below expectations. / 24 results were slightly higher than expected. The company presented a three-year outlook calling for earnings per share growth in the mid-teens, a higher rate than previous models. rating, and said an “upgrade to premium re-rating appears to be” Its industry-leading valuation appears to be ignoring decelerating growth in its higher P/E business, which is driving the historic re-rating. Bank of America to Neutral after earnings Stock downgrade. We still believe W is well-positioned for strong earnings leverage when delivering growth returns, but weak Q2 results and Q3 guidance now push this thesis to Overweight. Morgan Stanley is bullish on the film’s stock “We have an Outperform rating on Lionsgate Studios (ticker: LION) with a PT of $9.50 (up 30%). “TD Cowen is expected to upgrade Grid Dynamics to Buy due to weak Q2/Q3 outlook. “A unique exploration and production story”. · Raymond James downgrades Crocs to outperform from strong buy Raymond James said he still likes Crocs stock, but “the macro picture has become more serious.” “We will CROX Changed from Strong Buy to Outperform. Oppenheimer reiterated Coinbase’s outperformance. Morgan Stanley, a top pick in the sector, said it would continue to support the stock after analyzing July auto sales. The market share further declined, down about 200 basis points from the previous quarter to 48%. Upgraded Intuitive Surgical to Buy from Neutral. We are confident in the long-term structural opportunity for robot-assisted surgery to replace open and laparoscopic surgery, as first articulated in our ‘Transforming Surgery’ report, in which we reported. The software company upgraded after RingCentral Purchase reported earnings that “total revenue increased 10% year-over-year and exceeded guidance by $7 million. This was fourth-quarter revenue that beat expectations and shows continued demand for RingCentral’s products and services.” “We are downgrading the stock. Goldman Sachs downgraded Lululemon to neutral from buy. Due to growth challenges, Goldman downgraded the stock to neutral from buy. “We downgraded LULU stock to neutral from buy and Lowered 12-month price target to $286. Following recent execution challenges, lackluster innovation launches and increasing evidence of periodic promotions, we see a more balanced risk-reward profile for the stock, but “consistent.” will be rewarding. Business momentum continues into July, and while the slowdown in spring participation remains a mystery to us, a return to solid performance will build confidence in our rating. We upgrade OWL to “Perform.” Outperform” with a price target of $21. The stock has retreated from its recent highs of $20, and to that we add a chaotic market on earnings day. Says the auto supply technology company’s risk/reward balance is more balanced “Mobileye is a quality asset for challenging times. Low sentiment, core business and strategic value create a more balanced risk/reward. Upgrade to equal weight. Upgrade. While Cash Apps continue to perform strongly, but seller revitalization remains key, but it will take time to achieve an Overweight rating for the chipmaker amid the complex macro landscape ahead.
