Here are Friday’s greatest calls on Wall Street: Jefferies downgrades Apple to underperform from maintain The agency stated expectations are too excessive for a foldable iPhone 18 for Apple . “Better demand for iPhone 17, partly due to a price cut on the base model, is already in the price. That has led to excessive expectations on 18 Fold, and the replacement cycle.” Goldman Sachs reiterates Apple as purchase Goldman stated App retailer spending is decelerating however that is sticking with the inventory. “September 2025 Apple App Store spending grew +7% yoy per Sensor Tower, decelerating from +10% yoy in August 2025. This marks the fourth consecutive month of year-over-year deceleration in App Store spending, and the lowest monthly year-over-year growth rate since April 2023.” Wells Fargo upgrades Johnson & Johnson to chubby from equal weight Wells stated shares of Johnson & Johnson are engaging. “With pharma tariff & pricing risk and Stelara loss of exclusivity concerns largely behind us, we see upside to Pharma coupled with attractive valuation. Raise PT to $212 (from $170) on 17.5x our 2027E EPS of $12.09.” Read extra. Oppenheimer reiterates Netflix as outperform Oppenheimer stated it is sticking with Netflix forward of earnings on Oct. 21. “Given strong 3Q engagement data and stock underperformance, we are reiterating our $1,425 target and Outperform rating ahead of earnings. Wolfe upgrades Woodward to outperform from peer perform Wolfe said in its upgrade of the aerospace company that it sees margin expansion for Woodward. “We’re upgrading shares to Outperform with a $300 PT.” Wolfe downgrades PayPal to peer perform from outperform Wolfe said it’s waiting for better visibility from PayPal. “We downgrade shares to Peer Perform with FV vary of $70-$80.” BMO initiates Charles Schwab as outperform BMO says the company is well positioned for growth. “With steadiness sheet danger behind it and a reputable path to larger capital effectivity, Schwab gives a beautiful danger/reward profile.” Goldman Sachs reiterates Amazon as buy Goldman raised its price target on the stock and says it’s “underappreciated.” “We reiterate our Buy score on AMZN shares, alter our working estimates detailed inside & improve our 12-month PT from $240 to $275 with an upside/draw back skew of ~3:1 from present buying and selling ranges.” Goldman Sachs downgrades Bumble to neutral from buy The firm said the risk/reward looks more balanced. “On the again of our up to date estimates, we downgrade our score on BMBL from Buy to Neutral with a 12-month PT of $7.00 (down from $8.00) and now see the present danger/reward on shares as being extra balanced at present ranges & our present estimates would replicate that visibility right into a turnaround of the core Bumble app stays low and sure not till mid-2026.” Mizuho reiterates Broadcom as a top pick Mizuho said the stock is on the top picks list. “AVGO stays an business chief with robust profitability…” Gordon Haskett upgrades Zillow to buy from hold Gordon Haskett said the risk/reward is too attractive to ignore. “We’re upgrading Zillow to Buy from Hold as we imagine unfavourable sentiment weighing on the shares over the previous two weeks creates a good danger/reward.” Morgan Stanley upgrades Curbline Properties to overweight from equal weight The firm said the real estate investment trust is a “uncommon double digit” funds from operations growth story. “Upgrade CURB to OW and $27 PT given uncommon double digit FFO progress story in retail and comfort focus.” Mizuho upgrades Occidental Petroleum to outperform from neutral Mizuho said it’s even more bullish after the company divested OxyChem to Berkshire Hathaway. ” OXY has probably the greatest portfolios of U.S. onshore reserves when it comes to each stock high quality depth which ought to take middle stage going ahead.” UBS upgrades Freeport-McMoRan to buy from neutral UBS said investors should buy the dip in the mining company. “We improve Freeport to Buy (from Neutral), lifting our goal to $48/sh (from $42.5/sh).” Stifel upgrades Knight-Swift and Schneider International to buy from hold UBS said it sees a “cycle upturn” for both trucking companies. “However, with indications of tightening regulatory provide stress, we really feel incrementally higher a few cycle upturn, and we’re upgrading shares of Knight-Swift ( KNX, $39.90) and Schneider National (SNDR, $21.08) to Buy. Bank of America reiterates Nvidia as purchase The agency stated the inventory stays a prime thought. “We continue to prefer NVDA as our top AI pick, levered to the most critical compute (accelerator) and networking (scale-up links/switches, scale-out switches, NICs, DPUs), components of the $1.2tn potential data center capex.” RBC reiterates Microsoft as outperform “We think Microsoft’s position as an Al leader stems from its ability to monetize across both infrastructure and applications.” Berenberg initiates Ferrari as purchase Berenberg stated it sees earnings per share progress. “While we forecast only modest volume growth, we believe investors in Ferrari can achieve attractive long-term returns through price/mix-driven earnings and free cash flow growth.” Rothschild & Co Redburn upgrades Coinbase to purchase from impartial The agency stated shares of the crypto firm have a lot extra room to run. “The evolving digital asset landscape holds significant opportunities and risks for investors. Against this backdrop, from a stock perspective, we upgrade Coinbase to Buy (from Neutral), assessing it as a well-balanced play on broader digital asset adoption.” Read extra. Piper Sandler downgrades Instacart to impartial from chubby Piper stated it is involved about rising competitors. “We move to the sidelines on CART in light of competitive pressures over the last month. We’re less concerned about the quarter than an industry dynamic that pits CART against scaled competitors that may be cheaper and fast-growing peers forging new partnerships.” Barclays upgrades Shoals to chubby from equal weight Barclays stated the photo voltaic firm is a knowledge middle beneficiary. ” SHLS ‘ entry into the data center and energy storage space provides a new and potentially large revenue stream for the company, and management has expressed that this has the potential to be the fastest growing area of the business over the next five years.” Goldman Sachs reiterates Tesla as equal weight Goldman stated Tesla’s supply numbers on Thursday had been higher than anticipated. “While the expiration of IRA credits will likely be a headwind in 4Q, we see the potential for several events to be positives over the next month including 3Q earnings (which we expect to benefit from the stronger 3Q deliveries and increased Energy deployments), and the 11/6 shareholder meeting.”