以下是华尔街周三最重要的股票点评：摩根士士柏洛华重申对奈飞的超配评级。摩根士柏洛华下调了奈飞的目标价，但表示将继续持有该股票。
Here are Wednesday's biggest calls on Wall Street: Morgan Stanley reiterates Netflix as overweight Morgan Stanley lowered its price target on Netflix but said it's sticking with the stock following earnings.
“奈飞营收继续以两位数增长（同比增长11-12%），会员和定价的增长更为均衡。广告收入今年预计约3亿美元。”
" NFLX c ontinues to grow revs double digits (+11-12% y/y) in what is more balanced growth across members & pricing.
摩根士柏洛华重申对SpaceX的超配评级。摩根士柏洛华表示，SpaceX股票在周二财报发布后“才刚刚开始变得有趣”。
Advertising is tracking ~$300mn light for the year." Morgan Stanley reiterates SpaceX as overweight Morgan Stanley said SpaceX stock is "only just now starting to get interesting" following earnings on Tuesday. "Big 3Q beat.
“第三季度业绩大超预期。展望强劲（一季度2027年营收可达370亿美元，全年增量计算能力超过10吉瓦）。埃隆·马斯克精心回答的正是那个问题——SpaceX的故事是不是才刚刚开始变得有趣？还是只有我觉得它才刚开始变得有趣？解禁期呢？”
Punchy outlook (up to $37bn revs in 1Q27, > 10GW incremental compute in FY27). Elon Musk's carefully crafted answer to THE QUESTION. Is it just me, or is the SpaceX story only just now starting to get interesting?
花旗对SpaceX给予正面关注。该机构表示SpaceX在财报后“运转良好”。
Lockups? Please." Read more. Citi adds a positive watch on SpaceX The firm said SpaceX is firing on all cylinders following earnings.
“我们对SPCX开启为期90天的催化剂观察窗口。我们的观点基于以下因素：（1）SPCX已建立持续超预期、上调评级的记录，我们相信这一趋势将持续到2026年第四季度；（2）第15次飞行很可能是太空行业的一个重大催化剂，为前所未有的快速可重复使用奠定基础……”瑞银重申对苹果的中性评级。瑞银表示其调查显示，折叠iPhone的等待时间将“呈下降趋势”。
"We are opening a positive 90 day Catalyst Watch on SPCX . Our view is based on the following: (1) SPCX has established a track record of beats/raises which we believe will continue into 4Q26, (2) Flight 15 is likely to be a monumental space-industry catalyst that sets the stage for rapid reusability on a scale never before demonstrated in launch..." UBS reiterates Apple as neutral UBS said its survey checks show wait times for the foldable iPhone will "trend lower" for Apple.
“我们预计折叠iPhone的全球等待时间将继续呈下降趋势。”
"We expect wait times for the foldable globally to continue to trend lower."
Piper Sandler将DigitalOcean从中性上调至超配。Piper Sandler称“逢低买入”。
Piper Sandler upgrades DigitalOcean to overweight from neutral Piper says buy the dip.
“根据我们的分析和股价回调，我们将DOCN上调至超配，但将目标价下调至126美元。”
"Following our analysis and pullback in shares, we are upgrading DOCN to OW but reducing our PT to $126," TD Cowen downgrades Chipotle to hold from buy TD Cowen said it's concerned about slowing sales for Chipotle.
TD Cowen将Chipotle从买入下调至持有。TD Cowen表示对Chipotle销售放缓感到担忧。“我们担心10月……”销售数据的表现未能达到我们此前预期的第四季度拐点；不过与去年同期相比，销售情况仍保持稳定。杰富瑞（Jefferies）将Chagee Holdings的评级从“中性”上调至“买入”，并指出这家中国茶叶公司的业绩将实现“可持续性复苏”。杰富瑞给出的新目标价为14.90美元，这一评级上调的原因包括该公司出色的运营表现、市场对其可持续复苏的信心增强，以及投资者可能获得的回报。
"We worry Oct. sales are shaping up to miss the 4Q inflection point that we had previously expected over an easy monthly compare." Jefferies upgrades Chagee Holdings to buy from neutral Jefferies said it sees a "sustainable recovery" for the China tea company. "We upgrade Chagee to Buy with a new PT of US$14.90, supported by consistent execution, greater confidence in a sustainable recovery, and potential shareholder returns."
罗森布拉特（Rosenblatt）将Robinhood的评级从“中性”上调至“买入”，认为该公司具有长期的增长潜力，因此决定开始跟踪研究该公司的股票，目标价为135美元。
Rosenblatt initiates Robinhood as buy Rosenblatt said the company is a "generational growth story." "We are initiating coverage on shares of HOOD with a Buy rating and $135 price target."
加拿大皇家银行（RBC）将Mobileye的评级从“行业表现中立”下调至“表现不佳”，认为该股票的估值过高。RBC指出，除非Mobileye能够实现客户群体的多元化，并证明其自动驾驶系统（ADAS）在技术变革中的稳定性，否则其股价不具备较高的投资价值。
RBC downgrades Mobileye to underperform from sector perform RBC said the stock is overvalued. "Until MBLY demonstrates meaningful customer diversification and Base ADAS resilience to architectural shifts, we cannot justify a premium multiple."
雷蒙德·詹姆斯（Raymond James）将Prologis的评级从“行业表现中立”上调至“表现优于市场平均水平”，建议投资者在股价下跌时买入该公司的股票。他们认为Prologis股票的近期回调为投资者提供了买入机会，尤其是考虑到该公司属于大型房地产投资信托基金（REIT）领域。
Raymond James upgrades Prologis to outperform from market perform Raymond James said buy the dip. "We believe that the recent pullback in PLD shares presents a unique buying opportunity in this large-cap, marquis REIT in our coverage." UBS upgrades Clean Harbors to buy from hold UBS said fundamentals are getting better.
瑞银（UBS）将Clean Harbors的评级从“持有”上调至“买入”，认为该公司的基本面正在改善。评级上调的主要原因是资本配置带来的盈利增长潜力以及公司基本面的改善。
"We upgrade CLH to Buy driven by potential earnings upside from capital deployment and improvement in fundamentals." Baird upgrades Northrop Grumman to outperform from neutral Baird upgraded the aerospace and defense company following earnings.
贝尔德（Baird）在该公司公布第三季度业绩后，将Northrop Grumman的评级从“行业表现中立”上调至“表现优于市场平均水平”，并上调了其目标价至675美元（较此前目标价高出125美元）。业绩超出预期的同时，管理层也对公司的长期增长前景表达了乐观态度。
"We are upgrading NOC to Outperform and raising the price target to $675 (up $125), following a beat and raise across revenue and adjusted EPS on the 3Q26 print, further supported by bullish commentary from management tied to long- term growth in 2027 and 2028, respectively." Roth initiates AIR Global as buy Roth said the social inhalation hookah company has plenty of upside.
罗斯（Roth）将AIR Global的评级从“中性”上调至“买入”，认为这家社交娱乐设备公司具有巨大的增长潜力，因此决定开始跟踪研究该公司的股票，目标价为11.50美元。
"We are initiating coverage of AIR Global (AIIR) at Buy with an $11.50 price target." Oppenheimer upgrades Zoom to outperform from perform Oppenheimer said it's gaining "confidence" in the stock.
奥本海默（Oppenheimer）将Zoom的评级从“行业表现中立”上调至“表现优于市场平均水平”，表示他们对Zoom的股票越来越有信心。
"We attended the Zoomtopia conference in the last two days and were impressed by the company's range of new services, as were its customers.
“我们在过去两天参加了Zoomtopia会议，对该公司推出的各类新服务印象深刻，其客户同样如此。我们对ZM由”跑赢大盘“上调至”超越大盘”，并将目标价定为130美元，因为我们对其从视频会议向更广泛的AI通信与工作流平台转型充满信心。”
We are upgrading ZM from Perform to Outperform with a $130 price target as we gain confidence in its transition from video meetings to a broader AI communications and workflow platform." Evercore ISI upgrades Fifth Third to outperform from in line Evercore said the stock is too attractive to ignore at current levels.
Evercore ISI将第五银行（Fifth Third）从“与大盘同步”上调至“超越大盘”。Evercore表示，该股当前水平过于有吸引力，不容忽视。“上调至超越大盘，鉴于日益有利的基本面展望为估值带来上行空间。”
"Upgrading to Outperform as increasingly favorable fundamental outlook presents upside to valuation. We are upgrading FITB to Outperform from In Line as we expect the firm's strong fundamental outlook to drive above-peer returns."
Melius重申对英伟达的买入评级。该公司在一份研报中表示，SpaceX的季度业绩对英伟达等股票构成利好，“SpaceX及SMCI暗示对英伟达、戴尔及CoreWeave的乐观情绪。”
Melius reiterates Nvidia as buy The firm said in a note that SpaceX's quarterly results are a positive for stocks like Nvidia, "SpaceX & SMCI Point to Optimism for Nvidia, Dell & Even CoreWeave."
巴克莱将Cirrus Logic下调至“低配”，从“等权”下调。巴克莱指出，此次下调源于苹果供应链问题。“下调CRUS至低配：2027财年无新增内容，苹果业务环境走弱，且新年可能面临苹果供应链的价格压力，前景堪忧。”
Barclays downgrades Cirrus Logic to underweight from equal weight Barclays downgraded the stock citing the Apple supply chain. "Downgrade CRUS t o UW: No new content in CY27, a weaker AAPL unit environment, and likely some pricing pressure on the AAPL supply chain in the new year combine for a difficult outlook."
Needham将Netflix下调至“持有”，从“买入”下调。Needham于周三宣布下调Netflix评级，并表示公司财报发布后存在过多负面数据点。“Netflix的战略地位正在恶化，YouTube（观看增长更快、内容成本更低）、DIS和SKYD（收入流更加多元化）均优于Netflix。”
Needham downgrades Netflix to hold from buy Needham downgraded Netflix on Wednesday and said it sees too many negative data points following the company's earnings report. " NFLX's strategic position is deteriorating compared with YouTube (which has faster viewing growth and lower content costs), and DIS and SKYD (which have diversified rev streams)."