Here are the most important calls on Wall Street on Wednesday: Roth initiates Firefly Aerospace at purchase Roth says the area firm is properly positioned for development. “We are initiating coverage on Firefly Aerospace Inc . (FLY) with a Buy rating and a $60 price target.” Goldman Sachs initiates Amcor at purchase Goldman says it is bullish on shares of the multinational packaging firm. “The $8bn acquisition of Berry Global fundamentally reframes AMC’s growth algorithm, tilting its portfolio toward higher-value end markets.” Wells Fargo reiterates Nvidia as obese The financial institution says it is sticking with the inventory after it displayed its newest graphic processing unit chip at an AI convention. “Our Overweight rating is based on our positive stance on NVIDIA’s competitive positioning in gaming GPUs and expanding growth opportunities in data center, HPC [high performance computing], and emerging / expanding AI opportunities (autonomous vehicles, healthcare, robotics, etc.).” Goldman Sachs upgrades Haleon to purchase from impartial Goldman says that Haleon , client well being firm, is enticing. “Current valuation offers attractive entry point on 18x CY26e P/E following the sell-off, partly due to weak U.S. sales and FX headwinds.” TD Cowen upgrades Nike to purchase from maintain TD Cowen says a turnaround is underway. “Margin recovery is underappreciated in consensus estimates on a multiyear basis. Proprietary field work shows signs of Nike and Jordan improvement while share gain and brand heat from upstart peers are slowing.” Wells Fargo reiterates Tesla as underweight Wells says Tesla’s gross sales information stays weak. “Available TSLA August sales data remains weak despite the end of IRA on Sept 30. Of the 3 major mkts we track, Aug TSLA deliveries are trending down 9% y/y, though 37% higher m/m.” Bank of America reiterates Apple as purchase Bank of America raises its worth goal to $270 per share from $260 following Tuesday’s iPhone occasion. “The iPhone launch event went mostly as expected. Apple introduced new versions of iPhone, Watch and AirPods with enhanced functionality to make them even more integrated into our lives with more health features (heart rate sensing, hypertension notifications, sleep score), and functionality.” UBS upgrades Gossamer Bio to purchase from impartial UBS says information seems to be promising for the biotech firm’s pulmonary arterial hypertension trial. “We took a detailed look at GOSS’s upcoming Ph3 PAH (pulmonary arterial hypertension) trial ahead of data in Feb & left with increased confidence in success:” UBS initiates Ardent Health Partners at purchase UBS says the hospital firm is enticing. “We initiate coverage of Ardent Health with a Buy rating and a $17 PT.” Bernstein upgrades Novo Nordisk to outperform from market carry out Bernstein says buyers can buy the dip within the biopharma firm. “After two profit warnings, the market has almost fully capitulated. Although we cut our estimates, we still see an attractive obesity market opportunity for Novo , and upgrade to Outperform.” Morgan Stanley upgrades nCino to obese from equal weight The Wall Street funding financial institution says the fintech firm is finest positioned for development. “Upgrade NCNO t o OW as expectations are sufficiently low with clear catalysts for growth acceleration while still trading at a discount to private market value” RBC upgrades Newmont Mining to outperform from market carry out RBC says the gold miner firm is within the midst of a turnaround. “We upgrade Newmont to Outperform from Sector Perform and increase our target price to $95/sh from $66/sh.” Morgan Stanley downgrades Trade Desk to equal weight from obese Morgan Stanley says it sees too many destructive catalysts for the advert tech firm. “We were wrong about TTD’ s growth durability, as trends in its core CTV [connected tv] business suggest mounting headwinds in ’25.” Bank of America upgrades Oracle to purchase from impartial The agency raises its worth goal to $368 per share from $295 after Oracle reported its newest outcomes. “Also, Oracle’s leading position in database and applications could drive meaningful pull through of AI compute in a one stop shop solution.” Read extra. Bank of America upgrades Rocket Companies to purchase from impartial Bank of America says the mortgage firm is a beneficiary of decrease rates of interest. “We see Rocket as a strong beneficiary of rate cuts as it will likely spur an increase in both purchase and refi volumes, with an even more pronounced effect on refi where RKT has a sizeable ~10% market share.” Evercore ISI downgrades HP Inc. to in line from outperform Evercore downgrades HP Inc. , primarily on valuation. “Our downgrade reflects the fact that the stock is trading around our price target of $29 and for us to see further upside we need to see a clear path to EPS/FCF numbers moving higher, but that is unlikely to happen in the near-term given a host of cross currents, in our view.” Susquehanna upgrades Saia to optimistic from impartial Susquehanna says it is getting extra constructive on shares of the delivery firm. “We raise our LTL [less than truckload] target prices/multiples and upgrade SAIA to Positive as we lean into industrial opportunity and the calendar approaches 2026, where investors will capitalize 2027.” Morgan Stanley reiterates Meta Platforms as obese The agency says it is sticking with the social media inventory. “Good news is pipeline here seems long. OW META with 11%/44% upside to base/bull”