Here are the biggest calls on Wall Street on Tuesday: Goldman Sachs initiates Banco Macro at buy Goldman says the Argentina bank (BMA) is well positioned. “We initiate on Banco Macro with a Buy rating, as it has the highest capital ratio among its peers, a relatively stable [net interest margin] and lower asset quality risks in our view.” Goldman Sachs initiates Argan at buy Goldman says it’s bullish on the gas power generation company. “We are initiating coverage on AGX with a Buy rating and $397 price target, implying 18% upside from current levels.” Deutsche Bank upgrades eToro to buy from hold Deutsche upgrades the financial services company following earnings. “We are upgrading ETOR to Buy from Hold post 3Q25 earnings, as we see the stock’s risk/return profile being more attractive now, following a more than 25% decline since its IPO listing in May and an improved earnings growth profile upon better business momentum.” Read more. Needham initiates Waystar at buy Needham says the digital healthcare company is an AI beneficiary. “We initiate coverage of Waystar (WAY) with a Buy rating & $46 PT.” JPMorgan upgrades ViaSat to overweight from neutral The bank sees a higher chance of the satellite company breaking up some of its businesses. “We upgrade ViaSat to Overweight as we see a higher likelihood of a separation of the Defense and Advanced Technologies (DAT) segment, with CFO Chase acknowledging that the company is evaluating ‘value-accretive opportunities,’ including a potential separation of the government and commercial businesses as well as collapsing existing debt silos – consistent with commentary from the company’s shareholder letter.” Bank of America reiterates Nike as buy The firm says buy the dip in Nike. “We think the recent pullback since 1Q earnings offers a particularly attractive buying opportunity as we see a path toward continued improvement in sales and margins as the innovation pipeline starts to scale.” JPMorgan downgrades CoreWeave to neutral from overweight JPMorgan downgrades the stock following earnings. “Our view of CoreWeave’s longer term opportunity remains unchanged, and it is possible that its revenue ramp will get back on track in Q1/Q2 of next year, as we saw with Microsoft’s Azure surge in its most recent March and June quarters. However, we remain contemplative of the unprecedented and mounting industry-wide pressures across supply chains, and resultant difficulty of confidently forecasting how and when all of the interconnected variables will smoothly reach a point of equilibrium.” Read more. Wells Fargo reiterates Tesla as underweight Wells says its checks show weak Tesla delivery data. “Available TSLA Oct delivery data shows steep weakness.” Stephens initiates Signet at overweight Stephens says the jewelry company is too attractive to ignore. “We are initiating coverage of Signet Jewelers (SIG) with a $150 PT.” UBS initiates Keysight Technologies at buy UBS says the stock is at an inflection point. “We initiate on Keysight , the global leader in test & design, at Buy.” UBS upgrades Linde to buy from neutral UBS calls the company a “defensive growth stock at an attractive risk/reward.” “We upgrade LIN to Buy as we believe the stock is at an attractive 2.5x up/downside skew, and we think an acceleration in EPS growth in 2026 will be a positive catalyst.” Morgan Stanley reiterates Xpeng as overweight Morgan Stanley raises its price target on the China EV company to $34 per share from $30. “We raise our SOTP-based bull case valuations to US$54/HK$211 to reflect the growth potential and re-rating opportunities derived from newly unveiled humanoids and robotaxis. We anticipate a strong improvement in sentiment from mid-2026 when XPeng starts to mass produce its physical AI initiative.” BMO upgrades Instacart to outperform from market perform BMO upgrades Instacart following earnings. “The company continues to deepen its integration of AI technology in tools for retail partners and enterprises, as well as internally, which is expected to benefit top-line growth and margins in the long term.” Read more.
