Here are the largest calls on Wall Street on Monday: Goldman Sachs initiates Carlsmed as purchase Goldman says it sees a horny danger/reward for the medtech firm. “We initiate coverage on the shares of Carlsmed (CARL) with a Buy rating and a 12-month price target of $19, representing ~40% upside potential.” Goldman initiates McGraw Hill as purchase Goldman says it is bullish on shares of the training options firm. “We initiate coverage of McGraw Hill (MH) with a Buy rating and $27, 12-month price target.” Loop upgrades ServiceTitan to purchase from maintain Loop says the contracting providers software program firm is a “market leader.” “We conducted our inaugural quarterly survey of ServiceTitan’s target customers. While we expected generally positive feedback regarding ServiceTitan as a market leader, initial survey results were overwhelmingly positive in regard to name recognition as a market leader, pipeline of highly strategic prospects looking to purchase TTAN over the next 12 months…” MoffettNathanson initiates Live Nation as purchase MoffettNathanson says it sees a slew of constructive catalysts forward for the live performance and ticketing firm. “Live Nation leads a $35B global concert market with secular demand and supply tailwinds.” Bank of America initiates NIQ as purchase The agency says the buyer intelligence firm has a horny danger/reward. “We are initiating coverage on global consumer intelligence leader NIQ Global Intelligence (NIQ) with a Buy rating and $23 price objective (PO), implying 28% upside.” UBS upgrades CVS to purchase from impartial UBS says the inventory is in early signal of a restoration. “We are upgrading CVS from Neutral to Buy, following two strong consecutive quarters of execution and early signs that the Healthcare Benefits (HCB) segment fixes are on track.” Citi initiates Duolingo as purchase Citi known as the inventory a “language leader.” “We initiate coverage of Duolingo with a Buy rating and a $400 TP.” KeyBanc upgrades Duolingo to obese from sector weight KeyBanc says the corporate’s “price optimizations remain an untapped growth lever.” “We are upgrading shares of Duolingo from SW to OW with a $460 PT. In our view, the AI backlash was a bump in the road, and a combination of product and viral marketing efforts creates upside risk to estimates over the next 12 months.” Guggenheim upgrades Nextracker to purchase from impartial Guggenheim says shares of the photo voltaic expertise firm are enticing. “We are upgrading NXT from Neutral to Buy and establishing a price target of $74, which represents an increase of 22% from Friday’s closing price of $60.58.” RBC upgrades Sunrun to outperform from sector carry out RBC says shares of the photo voltaic firm have loads of upside. “The Inflation Reduction Act, which includes an extension of the investment tax credit (ITC) and ITC adders is also supportive of RUN’s solar as a service model and should help drive growth over the next several years. Additional upside potential comes from increasing utility rates and higher solar + storage adoption.” Read extra. Morgan Stanley initiates Viper Energy as obese Morgan Stanley says the power firm is properly positioned. ” VNOM trades at a similar 2026 FCF and shareholder return yield to oil E & Ps but offers above average growth, all with zero drilling and completion capex needs” Morgan Stanley downgrades Occidental Petroleum to equal weight from obese The agency downgraded the inventory on valuation. “Over time, we see room for a larger premium to re-emerge, but this will hinge on improving the balance sheet. At prices near strip, we expec t OXY to hit its leverage target in late 2026 or early 2027.” Bank of America reiterates Apple as purchase Bank of America says it stays bullish on Apple Services. “Services has been, and we expect will continue to be, the leading driver of y/y gross profit dollar growth. Reiterate Buy on stable cash flows, earnings resiliency and strong capital return program Roth Capital initiates Tecogen as buy Roth says the heat and power systems company is a data center beneficiary. “We provoke at Buy with a $15 PT. We discover TGEN poised to learn from a compelling alternative within the information heart cooling market, which we imagine will drive income development of fifty% and 74% in FY26 and FY27, respectively.” Wells Fargo upgrades Cogent Communications to overweight from underweight Wells said in its upgrade of Cogent that investors should buy the dip in the internet services provider. “We are upgrading to Overweight (from Underweight) at a $45 PT. The worst of the Sprint legacy declines is behind it; and danger/reward skew is favorable at present valuation with upside optionality from waves + asset gross sales, even with unsure timing.” Barclays initiates Synaptics as overweight Barclays says the computer manufacturer is in the midst of a transformation. “We Initiate Coverage with an Overweight Rating and $78 Price Target. SYNA falls into a protracted record of firms impacted by elevated spend in the course of the pandemic that’s now working via a chronic correction.” Piper Sandler initiates Accelerant Holdings as overweight Piper says the data-driven risk exchange is well positioned for growth. “We are initiating protection on $5.4 billion market cap ARX with an Overweight ranking and a $35/share value goal.” Barclays reiterates Tesla as equal weight Barclays says it sees a “prolonged” permitting process for Tesla’s robotaxi. “The course of for ‘actual’ autonomous Robotaxi in CA will seemingly be prolonged, as Tesla should apply for and obtain quite a lot of permits previous to providing paid, driverless providers; furthermore, media experiences point out that Tesla’s engagement with California regulators has been extra restricted than individuals notice, with Tesla Robotaxi pitched for now in a extra restricted means than individuals perceive.” Morgan Stanley reiterates Nvidia as overweight Morgan Stanley raised its price target on Nvidia to $206 per share from $200. “While the near-term bar is larger now, the 12-month image throughout demand, provide, and aggressive outlook all proceed to be very favorable.” Read more. TD Cowen upgrades Epam Systems to buy from hold TD Cowen says it sees growth recovering for the software company. “We assume EPAM’s share value provides little to no credit score for the corporate’s recovering development trajectory & significant completion of its world supply reorganization.” Evercore ISI adds Target to the tactical outperform list Evercore says Target’s earnings report later this week could be better than expected. “So in our view a reduction rally may consequence particularly if developments into 2H present any BTS [back to school] enchancment, with potential mgmt change and stimulus proving hope into 2026. In current days a lot has been made from the Target / Ulta partnership ending, but we imagine Target is looking for new companions and/or alternatives to scale for instance with Warby Parker.” JPMorgan reiterates Netflix as neutral The firm says the stock is fairly valued right now. “However, NFLX shares presently commerce at 34x 2027E GAAP EPS & 38x 2027E FCF, & as highlighted in our 5/19 report downgrading NFLX shares to Neutral, we proceed to assume the chance/reward is extra balanced at present ranges.” Melius reiterates Dell as buy Melius says it’s sticking with the stock ahead of earnings next week. ” Dell is among the greatest examples of an organization that’s executing properly, coping with tariffs adeptly, and readying itself for additional development within the nascent enterprise {hardware} cycle.” Deutsche Bank initiates McGraw Hill as buy The firm says the education solutions company is a “hidden gem.” “We are initiating protection of McGraw Hill, Inc. with a Buy ranking and $18 PT.” Read more here . Argus initiates Reddit as buy Argus says shares of Reddit have plenty more room to run. “We are launching protection of Reddit with a BUY ranking and a value goal of $250.”