以下是周四华尔街的主要投资建议：花旗重申苹果为“买入”评级花旗表示，在苹果将于11月初发布财报前，其对该股持乐观态度。“我们认为本季度投资者的关注点将集中在服务业务的增长势头上；尽管应用商店收入仍表现平平，但市场对生成式人工智能的影响日益担忧。此外，内存成本上升导致毛利率承压，不过较高的平均售价起到了一定抵消作用。由于今年秋季并未推出新款基础款iPhone，iPhone销量也受季节性因素影响。”
Here are Thursday's biggest calls on Wall Street: Citi reiterates Apple as buy Citi said it's bullish ahead of Apple earnings in early November. "We believe investor focus this quarter centers on Services growth momentum with continued muted App Store revenue, incremental concerns over the impact from agentic AI, gross margin headwinds on higher memory costs partially offset by higher ASP, and iPhone sales seasonality given lack of base model this fall launch."
摩根士丹利重申微软为“超配”评级该机构看好微软的全栈式人工智能平台。“我们愈发确信微软将成为人工智能领域的领军企业。”Roth首次覆盖新纪元能源与数字公司并给出“买入”评级Roth指出这家数字资产与基础设施公司目前估值偏低。“我们首次对新纪元能源与数字公司（NUAI）进行研究覆盖，给予‘买入’评级，目标价定为10美元。”
Morgan Stanley reiterates Microsoft as overweight The firm said it's bullish on Microsoft's full-stack AI platform. "We come away incrementally more positive on MSFT a s a key AI winner." Roth initiates New Era Energy & Digital as buy Roth said the digital asset and infrastructure company is undervalued. "We are initiating coverage on New Era Energy & Digital, Inc. (NUAI) with a Buy rating and a price target of $10."
高盛首次覆盖Vylor并给出“买入”评级高盛称这家公司属于“价值成长型企业”。“我们首次对Vylor公司（VYLR）进行研究覆盖，给予‘买入’评级，目标价定为87美元，较当前股价有19%的上涨空间。目前Vylor正从传统的种子与基因测序供应商向增长更快、资本需求更低的平台转型。”
Goldman Sachs initiates Vylor as buy Goldman said the company is a "value compounder." "We are initiating research coverage on Vylor Inc. (VYLR) with a Buy rating and an $87 price target (+19%). Vylor is on the cusp of transitioning from a traditional seed and genomics supplier to a faster growing lower asset intensive platform."
Stephens首次覆盖Presidio Production并给出“超配”评级Stephens指出这家石油钻探公司正成功运用人工智能技术来优化生产流程。“Presidio Production的商业模式核心在于对实际生产过程的优化。”
Stephens initiates Presidio Production as overweight Stephens said the oil drilling company is using AI successfully to optimize its production. "FTW's business model hinges on optimization of operated production.
在2,300口井上实施人工智能驱动的资产智能平台，今年以来已带来2.3%的产量提升，若能实现2026年3%-5%的目标提升，有望将公司同业领先的约8%基础递减率减半。
Implementation of an AI-driven asset intelligence platform across 2,300 wells has generated a 2.3% production uplift YTD and could essentially cut the company's peer-leading base decline rate of ~8% in half if it achieves a 2026 target uplift of 3%-5%."
德意志银行将Chyme评级从持有上调至买入 德意志银行表示看好“多重持续上行驱动因素”。
Deutsche Bank upgrades Chyme to buy from hold Deutsche said it sees "multiple levers for sustained upside."
“我们的投资论点聚焦于MyPay和Chime Prime的持续增长势头，我们将其视为多年增长驱动力，能够加速活跃用户获取、拓展CHYM的可触达市场、吸引更高收入客户群体，并支持结构性更高的增长态势持续更久。”
"Our thesis is centered on sustained momentum in MyPay and Chime Prime, which we view as a multi-year growth drivers that can accelerate active acquisition, expand CHYM's addressable market, attract a higher-income customer demographic, and support a structurally higher growth profile for longer."
杰富瑞将皇家加勒比评级从持有上调至买入 杰富瑞表示看好其有利格局。
Jefferies upgrades Royal Caribbean to buy from hold Jefferies said it sees a favorable setup.
“我们将RCL评级上调至买入，目标价330美元。这一观点基于2027财年净收益率更有利的格局，以及Sandals高确定性增长超出我们目前约1.59亿美元的2027财年权益收益预期。”
"We upgrade RCL to Buy with a $330 PT. Our view is driven by a more favorable FY27 net yield setup and high- conviction growth in Sandals beyond our current ~$159M equity income FY27 estimate."
Wolfe维持SpaceX跑赢大盘评级 Wolfe表示在财报发布前看好SpaceX。
Wolfe reiterates SpaceX as outperform Wolfe said it's bullish on SpaceX ahead of earnings.
“鉴于星舰第14次飞行测试成功，以及第15次飞行计划尝试双重捕获，我们预计管理层将释放乐观基调。”
"We expect a bullish tone from management on the back of the successful Starship Flight Test 14 and the outlook for Flight 15 to include a double-catch attempt."
Truist将Booz Allen评级从持有上调至买入 Truist表示看好利润率机会。
Truist upgrades Booz Allen to buy from hold Truist said it sees margin opportunity.
“我们将BAH评级从持有上调至买入，因为我们认为民用收入降幅见底在即，而国防安全业务的强劲表现仍被低估。”
"We upgrade BAH to Buy from Hold as we think Civil revenue decline is nearing a bottom while strength in National Security remains underappreciated."
Loop将Prog Holdings评级从持有上调至买入 Loop表示看好公司增长前景。
Loop upgrading Prog Holdings to buy from hold Loop said it's bullish on the company's growth prospects.
“我们将PROG Holdings评级从持有上调至买入，维持45美元目标价，暗示较当前水平有49%的上涨空间。”
"We are upgradin g PROG Holdings to a Buy from a Hold rating while maintaining our $45 price target, implying 49% upside from current levels."
摩根大通首次覆盖Marriott Vacations给予增持评级 摩根大通称该公司是“新兴反弹故事”。“VAC似乎处于可信复苏的早期阶段，继管理层……”花旗指出，Ryder在五大战略重点方面已取得初步成效，前景令人鼓舞。花旗将Ryder的评级从“中性”上调至“买入”。花旗认为该公司是二手车销售领域的受益者。“我们与Ryder及其部分投资者探讨了行业发展趋势。我们认为二手车销售业务有望持续走强，预计该公司将再次上调2026年的二手车销售业绩指引。”
JPMorgan initiates Marriott Vacations as overweight JPMorgan said the company is an "emerging comeback story." "VAC appears to be in the early innings of a credible turnaround, following a mgmt. reset and encouraging early traction on its five strategic priorities." Citi upgrades Ryder to buy from neutral Citi said the company is a beneficiary in used vehicle sales. "We caught up wit h R an d some of its investors on industry trends. We see incremental strength in Used Vehicle Sales and anticipate the company to raise its '26 UVS [used vehicle sales] guide again."
罗森布拉特证券首次给予Nebius“买入”评级。该机构认为Nebius正处于“超高速增长”阶段。“Nebius在新兴云服务产业链中排名仅次于CoreWeave，我们认为该公司同样具备得天独厚的优势，能够充分受益于人工智能训练与推理应用领域的巨额投资需求。”
Rosenblatt initiates Nebius as buy Rosenblatt said it sees "hypergrowth." "Nebius sits just below CoreWeave at the top of the neocloud food chain, and we think the company is similarly well positioned to benefit from massive spending on AI training and inference deployments."
高盛将Palantir的评级从“中性”上调至“买入”，并设定12个月目标价为230美元。高盛指出，Palantir目前各项业务均呈现强劲增长势头。
Goldman Sachs upgrades Palantir to buy from neutral Goldman said the company is firing on all cylinders. "We upgrade Palantir from Neutral to Buy, with a 12-month price target of $230."
德意志银行也将Trex的评级从“中性”上调至“买入”。该行认为Trex具备最佳的成长潜力。“即便终端市场需求尚未回暖，我们仍看好该公司未来的增长前景：材料转型、护栏安装率提升、PVC业务扩张以及更具战略性的定价策略都将为其发展提供助力。”
Read more. Deutsche Bank upgrades Trex to buy from neutral Deutsche said in its upgrade of Trex that it's best positioned for growth. "We see a path to continued growth in 2027 even without an end-market recovery, supported by material conversion, higher railing attachment, PVC expansion, and more strategic pricing."
斯蒂费尔证券首次覆盖Entegris并给出“买入”评级，目标价为200美元。该机构对该半导体资本设备制造商的前景持乐观态度。
Stifel upgrades Entegris to buy from hold Stifel said it's bullish on the semis capital equipment company. "We are initiating coverage of Entegris with a Buy rating and $200 target price."
花旗重申对英伟达的“买入”评级。花旗预计，凭借技术领先优势及庞大的客户基础，英伟达将继续占据人工智能加速器市场的大部分份额。
Citi reiterates Nvidia as buy Citi said it's bullish on the stock ahead of earnings later this quarter.
TD Cowen首次覆盖高盛并给予“买入”评级，设定目标价达1,050美元。该机构认为这家投资银行未来仍有巨大的增长空间。
"We expect Nvidia to continue capturing the bulk of AI accelerator investment given its technology leadership and large installed base."
汇丰银行则将Constellation Brands的评级从“买入”下调至“持有”。汇丰认为目前尚难看到该公司产品销量的回升迹象。
TD Cowen initiates Goldman Sachs as buy TD Cowen said the investment bank has plenty more room to run. "We are initiating coverage of GS wi th a BUY rating and a price target (PT) of $1,050."
“将评级下调至‘持有’，目标价从192美元调低至135美元。尽管估值有所下调，但仍需看到业务量复苏的迹象。”花旗将恩智浦半导体的评级从‘买入’下调至‘中性’。花旗指出，该公司在数据中心领域的业务占比有限。“鉴于我们预计其盈利预期上调幅度将低于同行，且数据中心业务贡献有限，因此将NXPI的评级下调至‘中性’。”
HSBC downgrades Constellation Brands to hold from buy HSCB said it doesn't sees a volume recovery yet for Constellation. "Downgrade to Hold and lower TP to USD135 (from USD192), although de-rated, evidence of volume recovery needed." Citi downgrades NXP Semiconductors to neutral from buy Citi said it sees limited data center exposure. "We downgrade NXPI to Neutral on our expectations of weaker earnings estimate revisions relative to peers and limited data center sales exposure."
派珀·桑德勒首次覆盖Generac，给予‘超配’评级。该机构认为Generac是数据中心行业的受益者。“我们首次覆盖Generac (GNRC)，给予‘超配’评级，目标价定为303美元，这意味着该股有约39%的上涨空间。”摩根士丹利维持Netflix‘超配’评级。该机构将目标价从每股83美元下调至80美元，但认为该股目前估值偏低。“若您认为Netflix的营收仍能实现两位数增长，利润率也能提升150至200个基点——我们也持此观点——那么目前该股仅以2028财年预期每股收益的15倍定价，对应的年均盈利增长率也达15%左右，显然被严重低估。”
Piper Sandler initiates Generac as overweight Piper said it's a data center beneficiary. "We initiate coverage of Generac (GNRC) with an OW rating and $303 PT, implying ~39% upside." Morgan Stanley reiterates Netflix as overweight The firm lowered its price target to $80 per share from $83 but says the stock is cheap. "If you believe NFLX can still grow revs dbl-digits and expand margins by ~150-200bps, which we still do, then the stock is too cheap at ~15x FY28 EPS for a ~15% EPS CAGR."
奥本海默将Global Payments的评级从‘跑平’上调至‘跑赢’。该机构认为该股当前价位极具吸引力。“我们已将Global Payments的评级从‘跑平’上调至‘跑赢’，并设定115美元为目标价。”雷蒙德·詹姆斯将Unity的评级从‘与大市同步’上调至‘跑赢’。该机构看好Unity与Alphabet的合作伙伴关系。“此前我们一直担忧的是：随着Roblox等平台及生成式AI工具降低了游戏开发门槛，Unity的创作者生态能否持续稳固；而此次合作使得Unity的创作与运行技术与谷歌的AI技术及用户分发渠道相结合，显著提升了其在该领域的竞争力。”
Oppenheimer upgrades Global Payments to outperform from perform Oppenheimer said shares are compelling at current levels. "We are upgrading Global Payments to Outperform from Perform and introducing a $115 price target." Raymond James upgrades Unity to outperform from market perform The firm said it's bullish on the company's partnership with Alphabet. "One of our remaining hang-ups was the durability of Unity's creator/content funnel as platforms like Roblox and generative AI tools lower barriers to game creation; today's partnership meaningfully improves Unity's competitive position on that front by pairing its creation/ runtime technology with Google's AI and consumer distribution."
古根海姆首次覆盖Centrus Energy，给予‘买入’评级。该机构认为这家铀业公司具备良好的发展前景。“我们开始对Centrus Energy进行研究覆盖，给予‘买入’评级，目标价定为167美元。该公司是美国唯一具备向商业客户供应高丰度低浓缩铀燃料能力的企业。”梅利乌斯将Cava的评级从‘持有’上调至‘买入’。该机构建议投资者逢低买入。
Guggenheim initiates Centrus Energy as buy Guggenheim said the uranium company is well positioned. "We are initiating research coverage of LEU with a Buy recommendation and $167 price target. LEU is the only company in the United States with a pathway to providing high-assay low enriched uranium (HALEU) fuel to commercial customers." Melius upgrades Cava to buy from hold Melius said buy the dip. "We are upgradin g CAVA t o Buy from Hold and raising our 2-year target price to $95 (63x our 2029 EPS estimate of $1.52) from $90."
“我们已将CAVA的评级从‘持有’上调至‘买入’，并将两年期目标价从90美元上调至95美元（相当于2029年预期每股收益1.52美元的63倍）。”摩根大通首次对Neurogene给出“增持”评级。摩根大通认为这家基因治疗公司具备巨大的增长潜力。“我们现开始对Neurogene（NGNE）进行跟踪研究，给予‘增持’评级，并设定2027年12月的目标价为60美元。”
JPMorgan initiates Neurogene as overweight JPMorgan said the gene therapy company has plenty of upside. "We are initiating coverage on Neurogene (NGNE) with an OW rating and a Dec-27 price target of $60."