Here are Monday's biggest calls on Wall Street: Wells Fargo reiterates Apple as overweight Wells raised its price target on the stock to $275 per share from $225 ahead of earnings on Aug. 1. "Heading into Apple's F3Q24 print we see potential for moderate upside to iPhone ests; our / investor focus firmly centered on Apple Intelligence's ability to drive significant refresh on an aging install base w/ room for ASP upside in F4Q24 / F1Q25.
" Piper Sandler reiterates Nvidia as overweight Piper raised its price target on the stock to $140 per share from $120. "We view the setup for NVDA positively ahead of the July quarter earnings and the October quarter guidance." Goldman Sachs initiates Talos Energy as buy Goldman said the energy company has a "strong oil mix and free cash flow.
" "We initiate on Talos Energy (TALO) with a Buy rating and a 12-month target price of $14." Guggenheim downgrades CrowdStrike to neutral from buy Guggenheim downgraded the stock following Friday's global IT outage. "We are downgrading CRWD to Neutral from Buy due to likely resistance to new deals in the near-term as a result of anticipated fallout from the apparent quality assurance issue that caused a massive disruption of IT systems across the globe, in addition to what we always saw as risk in F4Q consensus estimates, especially ARR [annual recurring revenue].
" Goldman Sachs downgrades Lennar to neutral from buy Goldman downgraded the homebuilder stock mainly on valuation. "Moving to the Sidelines Fo.