以下是周二华尔街最重要的评级变动：美国银行维持苹果“买入”评级该行在财报发布后继续看好苹果。“维持买入评级，理由是强劲的资本回报、最终将在边缘 AI 领域获胜，以及新产品带来的选择权价值。” 阅读更多。德意志银行维持帕兰提尔“买入”评级德意志银行表示，该公司在周一发布财报后全面发力。“帕兰提尔交出了另一个非常强劲的季度，尽管商业和政府两大业务规模均日益庞大，但增速均在加快。”
Here are the biggest calls on Wall Street on Tuesday: Bank of America reiterates Apple as buy The bank is sticking with Apple following earnings. “Reiterate Buy on strong capital returns, eventual winner on AI at the edge and optionality from new products.”Read more. Deutsche Bank reiterates Palantir as buy Deutsche says the company is firing on all cylinders following earnings released on Monday. “Palantir delivered another very strong quarter, with growth accelerating across both Commercial and Government despite the increasingly significant scale of each business.”
摩根大通将小马智行首次评级为“增持”摩根大通称这家中国自动驾驶公司仍有上涨空间。“小马智行成立于 2016 年，总部位于硅谷，已成为自动驾驶出行领域的领军企业之一，并正在中国迅速扩展其 Robotaxi 服务。”
Morgan Stanley initiates Pony AI at overweight Morgan Stanley says the China autonomous company has more room to run. “Founded in 2016 in Silicon Valley, Pony AI has become one of the leaders in autonomous mobility and has been rapidly expanding its robotaxi services in China.”
Wedbush 将 Nano Nuclear Energy 首次评级为“跑赢大盘”Wedbush 表示这家核能公司上涨潜力巨大。“我们首次覆盖 Nano Nuclear (NNE)，给予‘跑赢大盘’评级，目标价 18 美元。”
Wedbush initiates Nano Nuclear Energy at outperform Wedbush says the nuclear company has plenty of upside. “We are initiating coverage of Nano Nuclear (NNE) at OUTPERFORM with a $18 price target.”
KeyBanc 将 Howmet Aerospace 由“与大盘持平”上调至“增持”KeyBanc 看好该公司的增长前景。“我们将评级上调至‘增持’（目标价 237 美元），鉴于股价过去六个月下跌约 11%（同期标普 500 指数上涨约 5%），我们认为存在相对价值，这基于我们对 2027 年及以后的增长预期，以及 HWM 作为同类最佳企业的估值定位和增长概况。”美国银行将美满电子由“买入”下调至“中性”美国银行认为，该公司收购 Lumentum（朗讯）一事构成“股价压顶因素”。
KeyBanc upgrades Howmet Aerospace to overweight from sector weight KeyBanc likes the company’s growth outlook. “We upgrade shares to Overweight ($237 price target), seeing relative value with the stock down ~11% over the last six months (vs. S & P up ~5%), given our 2027+ growth expectations and HWM’s valuation position as the best-in-breed and growth profile.”Bank of America downgrades Marvell to neutral from buy Bank of America sees a “stock overhang” following the company’s deal for Lumentum.
高盛将MRVL评级从“买入”下调至“中性”，维持盈利预测不变，但因宣布的全股票LITE交易可能导致股价长期承压，以及板块估值倍数近期收缩，将目标价从400美元下调至225美元。高盛将SiriusXM评级从“中性”上调至“买入”高盛表示Sirius拥有“频谱选择权价值”。“我们将SIRI评级从‘中性’上调至‘买入’，并将目标价从33美元上调至37美元，反映了频谱选择权价值贡献的增加，以及将YouTube广告合作伙伴关系在2027年及以后更强劲的贡献纳入了我们的预测。”
“We downgrade MRVL to Neutral from Buy, maintain our estimates, but lower PO to $225 from $400 on potential for extended stock overhang from announced all-stock LITE deal, and from recent contraction in sector multiples.”Goldman Sachs upgrades SiriusXM to buy from neutral Goldman says Sirius has “spectrum optionality.”“We upgrade shares of SIRI from Neutral to Buy and increase our PT from $33 to $37, reflecting a higher contribution from spectrum optionality and the incorporation into our estimates of more robust contributions from the YouTube advertising partnership in 2027+.”
伯恩斯坦重申英伟达“跑赢大盘”评级伯恩斯坦表示坚持看好英伟达。“数据中心机会巨大。”
Bernstein reiterates Nvidia as outperform Bernstein says it’s sticking with Nvidia. “The datacenter opportunity is enormous.”
美银证券将Marsh & McLennan和AON评级从“大盘同步”上调至“跑赢大盘”美银证券看好两家保险经纪公司的内生增长。“我们将MRSH和AON评级上调至‘跑赢大盘’，将AJG评级下调至‘大盘同步’。我们的券商排名显示，倾向于那些切入‘大型雇主’竞争领域的保险经纪商。”摩根士丹利重申EchoStar和SpaceX“增持”评级摩根士丹利表示两家公司“联手”合情合理。
BMO lifts Marsh & McLennan & AON to outperform from market perform BMO sees organic growth at the insurers. “We upgrade MRSH and AON to Outperform, and downgrade AJG to Mkt Perform. Our broker rank-order shows a preference for the insurance brokers geared towards the ‘large-employer’ competitive sandbox.”Morgan Stanley reiterates EchoStar and SpaceX as overweight Morgan Stanley says a “tie up” of both companies makes sense.
“我们继续认为，除2.62亿股SPCX（将于2027年11月解禁）之外，ECHO股票仍提供吸引人的价值，拥有多项未被定价的优质资产，包括约30兆赫兹低/中频段频谱、Boost Wireless（约10亿至20亿美元）和Dish DBS（约70亿美元），尽管仍存在多个变动因素。”摩根大通首次覆盖TRex Bio，给予“增持”评级摩根大通表示该生物技术公司拥有差异化产品。
“We continue to see ECHO shares offering attractive value beyond the 262mn shares of SPCX (closing Nov ’27) with several attractive assets not priced in, including ~30 MHz of low/mid- band spectrum along with Boost Wireless (~$1-2bn) & Dish DBS (~$7bn), although several moving parts remain.”JPMorgan initiates TRex Bio at overweight JPMorgan says the biotech company has a differentiated offering.
“我们首次覆盖TRex Bio (TRXB)，给予‘增持’评级，并设定2027年12月目标价20美元。”摩根大通将Cloudflare评级从“中性”上调至“增持”摩根大通表示逢低买入。
“We are initiating coverage of TRex Bio (TRXB) with an OW rating and a Dec- 2027 PT of $20.”JPMorgan upgrades Cloudflare to overweight from neutral JPMorgan says buy the dip.
“我们在过去一个月股价回落20%后上调NET评级，因为我们预期适度降低的估值溢价（尽管仍处于高位）将为买入该股提供有吸引力的入场机会……” 巴克莱将Bloom Energy评级从持仓观望上调至增持 巴克莱看好需求改善。 “BE加速产能建设、客户订金上升以及新增供应承诺表明，需求增长速度快于我们此前预期，尽管近期自由现金流面临压力，但这将推动我们的营收前景向上修正。”
“We are upgrading shares of NET f ollowing the -20% pullback over the past month as we anticipate the modestly lower valuation premium, while still high, will offer an attractive entry into the shares...”Barclays upgrades Bloom Energy to overweight from equal weight Barclays sees improving demand. ” BE’s accelerating capacity build, rising customer deposits and new supply commitments suggest demand is ramping faster than we previously expected, driving upside to our revenue outlook despite near-term FCF pressure.”