(This is CNBC Pro's live coverage of Monday's analyst calls and Wall Street chatter. Please refresh every 20-30 minutes to view the latest posts.) A gym stock and an oil giant were among the stocks being talked about by analysts on Monday.
Baird named Planet Fitness a top pick , highlighting its attractive valuation. Meanwhile, Morgan Stanley raised its rating on Petrobras , calling for strong gains ahead. Check out the latest calls and chatter below.
All times ET. 5:59 a.m.
: KeyBanc names Autodesk a favorite idea for early 2025 KeyBanc dubbed Autodesk a top pick with 2025 on the horizon. "Net, we continue to see a compelling margin expansion-led narrative change, and view ADSK as one of our favorite early 2025 ideas," analyst Jason Celino wrote in a Sunday note to clients. Celino has an overweight rating on the stock and a price target of $305, which suggests 19.
5% upside ahead from Friday's close. Celino said the narrative change on the stock is led by the margin expansion as a result of investor activism. It's a story the analyst called compelling, but "not an immediate slam dunk.
" To be sure, he warned that the macroeconomic environment carries some uncertainty and could need recovery time after interest rates are cut. Following mixed quarter-end checks, Celino concluded that the tone of the business should be largely unchanged. Yet he said investors will look for signals that Autodesk has listened to recent feedback and is focusing on margins.
Autodesk shares have underp.