Here are Monday's biggest calls on Wall Street: UBS reiterates Nvidia as buy UBS said it's sticking with Nvidia shares heading into earnings later this month. "After a series of customer discussions and more supply chain work, we are making just slight adjustments to our model but our PT remains $150." Morgan Stanley reiterates Disney as overweight The firm said it's bullish on Disney's Experiences division.
"We view Experiences expansion as notable given its long history of high and rising ROIC. ..
. .Last Fall, Disney revealed plans to double capex in its Experiential assets over the next decade.
We now see its plans for both US parks and its cruise fleet." RBC initiates Ardent Health as outperform RBC said the behavioral health company has a differentiated platform. "We are initiating coverage on Ardent Health Partners, Inc .
(NYSE: ARDT) at Outperform with a $23 price target." Wolfe downgrades Qualcomm to peer perform from outperform Wolfe said Apple's internal modem use is finally having an effect on Qualcomm. "Downgrading QCOM to Peer Perform from OP due to a view that AAPL's internal modem will finally have an impact, premium Android has by now normalized, and IOT growth (QCOM's likely focus at their Nov.
analyst day) will likely be a tougher sell to investors." Wedbush reiterates Apple as outperform Wedbush said it's bullish on the upcoming iPhone cycle. "With anticipation from the Street and broader tech industry building for Apple's iPhone 16 AI driven launch in Sept.